Nashville TN Real Estate
Villages of Brentwood Third Quarter 2011 Market Report
Sales in Villages of Brentwood continue to float up and down from month to month, quarter to quarter. This fall appears to be slower than last fall by a large amount, but over all Year to Date sales are only down 50% and there is a pending and 3 of the active have contingencies on them. Not a terrible sign.
| 2010 | 2011 | Percent Change | |
| # of Homes Sold | 10 | 3 | -70% |
| Average list Price | $165,450 | $168,233 | 2% |
| Average Sales Price | $160,500 | $163,466 | 2% |
| Days on the Market | 73 | 61 | -16% |
Prices have started to inch up a bit. And inventory continues to fall. With the contingent sales removed from the active listings, that leaves only 7 properties for sale or a 5 month supply of homes.
Going into the early winter months it's probably a balanced number of homes currently on the market.
Villages of Brentwood Facebook page has all the up to date information about sales in the neighborhood and things happening in the area.
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, nice report. Thanks for sharing.