nashville tn real estate: Nashville TN Real Estate Holt Woods 1st Quarter 2012 - 04/02/12 01:59 PM
Nashville TN Real Estate
Holt Woods 1st Quarter 2012
The Holt Woods Spring Market Report is being reported with the Bradford Hills Market Report. The number of homes sold was down just a bit, as were the sales prices. Prices appear to be stabilizing.
There are currently 12 homes on the market as active with 3 of these having contingencies on them. The sole pending property is a short sale.
Holt Woods and Bradford Hills combined only have 9 available homes for Sale. This is a 7 month supply and would indicate that we are … (3 comments)
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nashville tn real estate: Nashville TN Real Estate Bradford Hills 1st Quarter 2012 - 04/02/12 01:48 PM
Nashville TN Real Estate
Bradford Hills 1st Quarter 2012
The Bradford Hills Spring Market Report is being reported with the Holt Woods Market Report because of the similarities of the properties and there was not a large number of sales.
Prices seem to have finally hit bottom even though we're reporting a slight decline compared to the first quarter of 2011.
Bradford Hills and Holt Woods currently have 12 properties listed as active with 3 having contingencies on them. The one Pending sale is a Short sale.
Bradford Hills has just 9 homes available … (3 comments)
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nashville tn real estate: Nashville TN Real Estate Villages of Brentwood 1st Quarter 2012 - 04/02/12 12:59 PM
Nashville TN Real Estate
Villages of Brentwood 1st Quarter 2012
Sales are up in Villages of Brentwood in 2012! There is another house pending and 2 of the active listings have contingencies on them.
The prices are a little deceiving. The two homes that sold in 2011 averaged 1203 square feet or $120/square foot. The homes sold in 2012 averaged 1600 square feet with a sales price of $91/square foot. Of the 4, the smallest home sold for $122/square foot. As the size of the home increases, the price per square foot usually decreases.
We … (2 comments)
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nashville tn real estate: Nashville TN Real Estate - New Listing 6666 Brookmont Terrace Condo - 03/28/12 02:44 PM
Nashville TN Real Estate - New Listing
6666 Brookmont Terrace Condo on the 7th Floor with Beautiful Views!
This very unique Highrise offers 24 manned security, beautiful common areas including a state of the art Gym, Party room with full kitchen, Pool House and elegant foyer and halls.
The pool is being converted this spring to a Salt Water Pool, just in time for our great warm weather.
The Tennis Courts have been resurfaced already!
This unit has been totally renovated.
… (11 comments)
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nashville tn real estate: Just as Things were Looking up, Things are Looking Down - 03/21/12 01:29 PM
Just as Things were Looking up, Things are Looking Down!
We have seen weeks of positive reports, blogs and media on how the economy is truly showing signs of improving. This morning on the front page of the business section the title was: Housing Market May Get Hit Anew!
It says that we can expect to get hit with a Second Wave of Foreclosures in 2012.
In 2010, 35% of home sales were foreclosures. In 2011, that number dropped to 11% due to the foreclosure scandal facing the larger mortgage banks.
RealtyTrac's Daren Blomquist says we could … (13 comments)
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nashville tn real estate: Nashville TN Real Estate Market Trends February 2012 - 03/15/12 12:44 PM
Nashville TN Real Estate
Market Trends February 2012
Recent reports indicate that for the 8th consecutive month, that Year-over-Year sales rose. February showed the strongest sales since 2008. With unusually warm weather this past month Spring Buyers helped drive up sales sharply, compared to a year ago.
The following charts show how the activity has changed from one year to the next:
Immediately you notice that inventory is down. Pending sales are up 23% and closed sales are up 26%. Local housing experts predict that more of the excess inventory should be absorbed in 2012.
Current … (1 comments)
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nashville tn real estate: Nashville TN Real Estate Market Trends January 2012 - 02/29/12 02:04 PM
Nashville TN Real Estate
Market Trends January 2012
Homes sales in the Nashville TN area have increased each month for 7 months straight compared to the same months a year ago.
Graph maker
January saw prices increase almost 1.5% compared to January of 2011. The actual number of closings increased 16%!
Realtors are saying that business has picked up tremendously. Most feel that the bottom on home prices has hit and are seeing price increases. People are feeling more confident about the economy and their jobs locally.
The Nashville TN Real Estate market, as recently as … (12 comments)
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nashville tn real estate: 937 Patio Drive - Nashville Condo Price Reduced! - 02/24/12 01:30 PM
937 Patio Drive
Nashville Real Estate
Condo Price Reduced!
This absolutely adorable one Bedroom One Level Condo is in move-in ready condition. It has vaulted ceilings in the Greatroom with a wood-burning fireplace. The Seller has gutted the bathroom and built a walk-in tiled shower.
The backyard is fenced with lots of privacy.
937 Patio Villa is Located off Elm Hill Pike, just minutes to I-40 and the Nashville International Airport.
New Price: $72,900
… (5 comments)
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nashville tn real estate: Nashville TN Real Estate January 2012 Home Sales - 02/14/12 01:34 PM
Nashville TN Real Estate January 2012 Home Sales
The Greater Nashville Association of Realtors reported that there were 1377 closings in January 2012 up 25% from the 1101 closings in January 2011! January sales have increased each year since 2009. While this is great news, we still have a long way to go.
There were 1615 pending sales at the end of the month of January compared to 1270 in the same time period of 2011. Inventory is down to 17,949 compared to 20,347 in January of 2011.
… (0 comments)
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nashville tn real estate: 937 Patio Drive - Nashville TN Real Estate - Absolutely Adorable! - 01/25/12 04:50 PM
937 Patio Drive
Nashville TN Real Estate - Absolutely Adorable!
$74,900
The one Bedroom one Bath condo has many updates.
The great room is open to the kitchen giving it an open airy feel. Wood burning Fireplace shows off the vaulted ceilings.
The bathroom has been gutted and redone changing the combo tub and shower to a wonderful walk-in tiled shower that's sure to please anyone!
Fenced backyard and great landscaping. The association cuts the yard except inside the fenced area.
The 937 Patio Drive location is … (8 comments)
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nashville tn real estate: Nashville's Real Estate Trends looking better for 2012 - 01/24/12 11:05 AM
Nashville's Real Estate Trends looking better for 2012
Real Estate trends for the Nashville area for the winter of 2011/12 are certainly looking better than the past few years.
There are a number of different factors that could end up driving potential buyers into the market during the first half of 2012. Mortgage rates are low, apartments in Nashville are experiencing record high rental rates and most of all, the local housing market seems to finally be taking steady strides towards a recovery.
December 2011 closings were up 18.2 percent from the same period … (4 comments)
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nashville tn real estate: Nashville TN Real Estate - Villages of Brentwood 2011 Market Report - 01/17/12 05:52 PM
Nashville TN Real Estate
Villages of Brentwood 2011 Market Report
Villages of Brentwood did not perform as well in 2011 as it did in 2010. Sales were off 47% compared to an 18% increase in Nashville overall.
There's no particular reason for this decline in the number of sales. These things just happen sometimes. Prices There are only 4 homes on the market so there is very low inventory. Those coming on the market in the next few weeks should sell quickly.
This is a very easy price point for this part of town. The … (10 comments)
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nashville tn real estate: Nashville TN Real Estate - Holt Woods 2011 Market Report - 01/13/12 02:28 PM
Nashville TN Real Estate
Holt Woods 2011 Market Report
Holt Woods saw a nice increase in sales in the year 2011.
Nashville's Real Estate sales were up 1.8% for the year and 18% for the final quarter of 2011. Holt Woods was way ahead of that!
Prices are still down a bit but the outlook for 2012 is very positive.
There are 3 homes showing active in Holt Woods and one of those has an Inspection Contingency. That leaves a less than 3 month supply of inventory.
This is a great time to be … (5 comments)
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nashville tn real estate: Nashville TN Real Estate - Bradford Hills 2011 Market Report - 01/13/12 01:01 PM
Nashville TN Real Estate
Bradford Hills 2011 Market Report
For Nashville TN Home Sales, 2011 was the first year since 2006 that actually showed an increase in the number of homes sold over the number of the prior year. The increase for the year was only 1.8% but the final quarter of 2011 was up almost 18% compared to the final quarter of 2010.
Bradford Hills showed a modest decline in the number of sales in 2011 compared with those of 2010. Prices also adjusted downward 3% for the year somewhat less than the area average. … (0 comments)
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nashville tn real estate: Nashville TN Real Estate - Villages of Brentwood October/November 2011 Market Report - 12/28/11 04:45 PM
Nashville TN Real Estate
Villages of Brentwood October/November 2011 Market Report
The sales in Villages of Brentwood more than doubled in October and November, compared to the number of homes sold in 2010. Only 2 homes sold in the two month period in 2010 and 5 homes closed in the same period this year.
The Days on the market dropped from 107 days to only 70.
The average sales price on the 2 homes sold in 2010 was $184,450. The average of those sold in 2011 was only $148,660. However the Average Sales Price per Square Foot … (2 comments)
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nashville tn real estate: Nashville TN Real Estate - Closings are up in October 2011 - 11/15/11 01:43 PM
Nashville TN Real Estate
Closings are up in October 2011
Total sales were up over 15% for the month of October, compared with October of 2010.
"October marks the fourth consecutive month of increased sales for Middle Tennessee" said GNAR President Alice Walker.
Year to date sales are still down 1% compared to the same period in 2010 but the pending sales are up in October which could indicate that the market is starting to stabilize. The median Sales Price for single family homes fell from $173,525 to $162,000, down 7%.
Home sales typically slow … (4 comments)
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nashville tn real estate: Nashville TN Real Estate - Holt Woods 3rd Quarter 2011 Market Report - 11/03/11 04:47 PM
Nashville TN Real Estate
Holt Woods 3rd Quarter 2011 Market Report
Holt Woods saw it's home sales double over the same time last year.
Last fall there were only 2 sales in the third quarter. One of those was a foreclosure. The other had a sales price of $192,000. The 2 had an average days on the market of 136 Days.
This fall, in the Third Quarter, there were 4 sales, one of which was a foreclosure. The average sales price was $190,575, down less than 1%. The days on the market dropped to 100 Days, down … (3 comments)
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nashville tn real estate: Nashville TN Real Estate - Bradford Hills Third Quarter 2011 Market Report - 11/03/11 02:57 PM
Nashville TN Real Estate
Bradford Hills Third Quarter 2011 Market Report
Bradford Hills saw a nice increase in sales this past quarter! Sales were up 75% over the same period in 2010! This is not the case in all of middle Tennessee, so something great is happening here!
Though the Sales Prices show a decrease of 5%, the actual price per square foot only dropped 2% from $85.63/sqft to $84.23/sqft. The days on the market are down and inventory is at a 5 1/2 month supply.
Bradford Hills is slowly turning back into a stable market.
… (4 comments)
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nashville tn real estate: Nashville TN Real Estate - Villages of Brentwood Third Quarter 2011 Market Report - 10/28/11 03:54 PM
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.
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 … (1 comments)
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nashville tn real estate: Nashville TN Real Estate - Villages of Brentwood 2011 Detailed Fall Market Report - 10/05/11 01:32 PM
Nashville TN Real Estate
Villages of Brentwood 2011 Detailed Fall Market Report
This report covers the first 3 quarters of 2011 compared to the same time period of 2010. The numbers should not be alarming since there was no tax incentive this year.
Many people bought houses just because of the Tax Incentive. Some were not sure if they were ready or not last year but took the plunge anyway. That drove the numbers up dramatically.
There are currently 10 homes on the market with an average asking price of $158,165. Two of these have home … (3 comments)
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