Nashville TN Real Estate - Bradford Hills and Holt Woods
June 2011 Market Report
Sales have been all over the board this past 12 months in Bradford Hills and Holt Woods. The past 3 months have been the most active with an average of over 3 closings each month. We've combined the two neighborhoods in this report to give you a clear picture of what is happening in our immediate area.
| Market Activity in the Past - | 3 Months | 6 Months | 12 Months |
| Closed Transactions | 11 | 12 | 24 |
| Average # homes sold each month | 3.67 | 2 | 2.08 |
| Active listings in the Neighborhood | 29 | 29 | 29 |
| Months supply of inventory | 7.9 | 14.5 | 14 |
Of the Bradford Hills and Holt Woods 29 homes listed Active for Sale, 2 have inspection contingencies. There are 2 Short Sales in the Active listings.
There is one Pending.
If this current trend continues, we will be able to declare the market is stable in this neighborhood. A market is considered stable when it has no more than 6 months supply of inventory.
The First Quarter of this year started slow with no closings until March. The average Sales Price has increased just over 1% in the past 12 months and the Days on the Market decreased from 107 to 77.
When looking to sell your home in Bradford Hills or Holt Woods, talk to agents who actually work the neighborhood. They have a great deal more insight when comparing one property to another.
It never hurts to interview more than one agent as commissions and services vary considerably.
Connie Harvey has lived and worked in Holt Woods since 1998.
Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.
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Connie: It really looks like things are all over the place... I hope that the market will cahnge for the better in the comes months... All the BEST in the next month.
A stable housing market; how awesome is that, Nice report.
You are inspiring me to report! We have had a few bad articles in the LA Times. Meanwhile homes are in mulitple offers! :) Kristine
Hi Connie -That is the kind of news we need to keep hearing. Thanks AR angel.
Donna - I am hoping the same thing for all of us! The whole country would like for things to settle into normal again!
Teral - Thank you. I know the homeowners in this neighborhood will be delighted.
Conrad - Now if only we can hear more of it!