Chestnut Bend 3rd Quarter 2011 Market Report
Sales have been steady in Chestnut Bend this year compared to 2010. In just the third quarter, there were 2 sales in 2010 and 3 in 2011. Spread out over the year to date months they have remained the same.
| 2010 | 2011 | Percent Change | |
| # of Homes Sold | 6 | 6 | 0% |
| Average list Price | $453,450 | $433,049 | -4% |
| Average Sales Price | $429,166 | $419,650 | -2% |
| Days on the Market | 54 | 105 | 95% |
The Average List and Sale prices are down a bit, but the Sales Price per Square Foot is actually up 1 1/2%! This is good news in our economy!
Chestnut Bend currently has 4 homes on the market as active. One of these shows an Inspection Contingency. With 3 homes available, there is approximately a 4 1/2 month supply of inventory. Going into the holidays, this is a stable number of properties available.
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 I like the format of your Chestnut Bend market report - concise and loaded with info that is easy to read and understand. Mine is very similar, but I'm overdue on writing them
Karen - Thank you! I've been working on several the past couple of days. Long over do here too!