Nashville Tennessee Living

head_left_image

Nashville TN Real Estate - Holt Woods First Half 2011 Market Report

Nashville TN Real Estate 

Holt Woods First Half 2011 Market Report

Holt Woods 2011 Market Report

Sales were up 300% in Holt Woods this first half of 2011! This is somewhat unusual since there was no Tax Incentive this year but there was in 2010. One has to wonder what causes the difference in thinking. Maybe that Interest Rates are still incredibly low and that it appears that prices have bottomed out finally and could actually be inching up!

2010 2011 Percent Change
Homes Sold 3 9 300%
Average list Price $205,541 $193,485 -6%
Average Sales Price $204,833.00 $184,459.00 -10.00%
Days on the Market 54 53 -1

 

The Holt Wood prices appear to be down in this chart but the truth is, the average size of the homes sold in 2011 was 1910 square feet vs. 2397 square feet. That actually makes the price per square foot go up 12%!

There are currently 6 homes on the market with one pending sale. With 9 Holt Woodssales in the past 6 months and only 6 properties available, there are not enough properties to fill the rest of the year.

 

The Holt Woods homes that are available are mostly over 2100 square feet. Smaller homes are needed to fill the void in this market!

 

If you live in Holt Woods, and are thinking of selling, now would be a good time to get your home ready.

Subscribe 

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.


Search for Homes in Nashville TN

Search for Homes in Brentwood TN


Comments

 

Good morning, Connie. That is great news!!! Are you going to come to WCAR next week to hear Edsel Charles? I am anxious to hear what he has to say...

 

Posted by Michael Thornton - Nashville, TN area Home Inspector - 615.661.0297 (Complete Home Inspections, Inc.) 10 months ago

Michael - Somehow I didn't know anything about it. Will have to check into the WCR website.

Posted by Connie Harvey Realtor Nashville TN Real Estate (Pilkerton Realtors) 10 months ago

Connie The formatting of your report on Holt Woods is excellent - concise, but informative. The numbers appear to be improving especially with a 300% increase in unit sales

Posted by Karen Kruschka - Prince William, Fairfax ,Stafford County VA Real Estate Service (RE/MAX Olympic Realty) 10 months ago

Karen - For some unknown reason this neighborhood, which is normally very popular, had terrible sales last year. The Tax Incentive did nothing for it!

Posted by Connie Harvey Realtor Nashville TN Real Estate (Pilkerton Realtors) 10 months ago

Participate



(optional)
What does the graphic say?