Chenoweth Fall 2011 Market Report
Chenoweth Sales have held steady in the Third Quarter of 2011 compared to those of 2010.
| 2010 | 2011 | Percent Change | |
| # of Homes Sold | 5 | 5 | 0% |
| Average list Price | $561,860 | $546,160 | -3% |
| Average Sales Price | $537,500 | $520,955 | -3% |
| Days on the Market | 95 | 82 | -14% |
The Average Sales Prices show them down 3% but the actual Price per Square Foot increased 1.5% in the 3rd Quarter compared to the same time in 2010! The Price/Sqft was $122 in 2010 and increased to $123.77 in 2011!
Chenoweth has 5 properties for sale, one with an Inspection Contingency and one Pending Sale.
This leaves less than a 3 month supply of inventory!
If our market continues along this course, we may see real recovery here in Middle Tennessee in 2012!
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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