Villages of Brentwood First Half 2011 Market Report
Villages of Brentwood has sold well in 2011 despite the numbers going down this year. Spring of 2010 showed a spike in sales because of the Tax Incentive. Many of the Buyers in this neighborhood are first time homebuyers and qualified for the incentive.
| 2010 | 2011 | Percent Change | |
| Homes Sold | 16 | 9 | -44% |
| Average list Price | $164,788 | $154,983 | -6% |
| Average Sales Price | $160,015.00 | $150,664.00 | -6.00% |
| Days on the Market | 72 | 113 | 36% |
Sales in Villages of Brentwood look like the prices have decreased a good bit, but when you compare the actual Sales Price per Square Foot, the prices only decreased 3%.There is currently one pending sale with a list price of $168,900. There are 8 properties on the Active market, which is just under a 6 month supply. This is a very healthy amount of inventory!
Villages of Brentwood is located in South Nashville in the Nipper's Corner area. It is zoned for Granbery Elementary, which is a popular elementary school in this part of town.
School will be starting in a few weeks and the existing inventory could be partially depleted by then.
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, every agent should blog market reports update public buyer can still afford a home , and lenders approving mortgages ;p
Lynn - I've gotten a listing recently from doing just that!