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Nashville TN Real Estate - Holt Woods Fall 2011 Sales Report

Nashville TN Real Estate 

Holt Woods Fall 2011 Sales Report

Holt Woods 2011 Market Report

Sales are up considerably in Holt Woods. For whatever reason, sales in 2010 were sluggish and the Tax Incentive did not push them up. 2011 on the other hand as seen a steady number of properties sold.

  2010 2011 Percent Change
# of Homes Sold 5 12 240%
Average list Price $202,285 $192,585 -5%
Average Sales Price $199,700 $184,978 -7%
Days on the Market 79 100

-17%

 

Just looking at the chart, it appears that the prices have decreased a lot. Because there is such a wide range in the sizes of the homes, we also looked at the average Sales Price per Square Foot (spsf). The 5 homes that sold in 2010 had an average SPSF of $91.29. The average SPSF in 2011 was $91.08 down less than .2%!

This is great news for homeowners. With only 4 homes on the market, there is just a 3 months supply.

Holt Woods is usually combined with Bradford Hills when we look at supply. In total, there were 26 home sales, year to date, and there are 17 active listings. That puts us right at a 6 month supply, or even inventory.

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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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Comments

Connie, This is a very detailed and informative Holt Woods sales report for Fall 2011. 

Posted by Kathleen Daniels, Broker-Owner San Jose Real Estate 1-800-972-1822 (San Jose Homes & San Jose Short Sales) 8 months ago

Kathleen - Thank you. It's funny how you can make the numbers look any way you want! I try to make sure the information is clear and straight forward.

Posted by Connie Harvey Realtor Nashville TN Real Estate (Pilkerton Realtors) 8 months ago

Connie, great news on Holt Woods real estate activity!  Next we'll be watching for those prices to start being in + side.  Good investigation on what exactly is happening with the pricing.  I like how you uncovered the price per sq. ft...  That's why anyone looking to buy or sell a home in Nashville needs to call a specialist in that market ~ YOU!
Enjoy your week,
Pamela

Posted by Lee & Pamela St. Peter Raleigh Realtors® Raleigh North Carolina Homes for sale (Prudential YSU Realty - (919) 645-2522 ) 8 months ago

Pam - Thank you! People sometimes just look at the face and don't dig down to see what's really happening in a neighborhood. There were a couple of foreclosures that didn't go through the MLS for some reason. It would just skew the numbers some more, I'm afraid.

Posted by Connie Harvey Realtor Nashville TN Real Estate (Pilkerton Realtors) 8 months ago

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