raintree forest market reports: Brentwood TN Real Estate Raintree Forest First Half of 2011 Market Report - 07/06/11 10:52 AM
Brentwood TN Real Estate
Raintree Forest First Half of 2011 Market Report
Sales have remained steady in Raintree Forest, with the same number of homes selling in the first half of 2011 as in 2010!
Prices, in Raintree Forest, are down about 5%. The chart shows 8% but in reality, the homes that closed in this period were smaller. Adjusted for size, the prices are only down 5%. The more significant issue is that with 7 sales in the past 3 month and only 9 homes on the market, the absorption rate is just a 4 … (0 comments)
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raintree forest market reports: Brentwood TN Real Estate - Raintree Forest 2010 Market Report - 02/02/11 05:27 PM
Brentwood TN Real Estate - Raintree Forest 2010 Market Report
Raintree Forest showed a remarkable increase in sales for 2010 over those of 2009. Sales were up everywhere in Brentwood but not like these numbers.
Of the sales both years, there were a couple of Foreclosures and Short sales that in both years closed in the mid-300s. These sales pull the average prices down by close to $20,000.
You see that the list price changed a few dollars and the sales price barely moved. This is better than the average sales price for homes in Brentwood that was … (11 comments)
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raintree forest market reports: Brentwood TN Real Estate - Raintree Forest 2010 Third Quarter Market Report - 11/09/10 01:57 PM
Brentwood TN Real Estate - Raintree Forest 2010 Third Quarter Market Report
Sales and prices are holding steady in Raintree Forest with 4 closings in both 2009 and 2010 in the fall quarter of the year. Prices went down 1% but that could be that the homes that sold averaged a bit smaller.
Raintree Forest has 15 properties on the market which would be about a full year's supply of inventory. 2 of the active listings have contingency contracts which reduces the inventory to an 11 month supply.
Brentwood home sales in general were up 10% with the average prices … (0 comments)
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raintree forest market reports: Brentwood TN Real Estate - Raintree Forest 2010 Second Quarter Market Report - 07/15/10 04:36 PM
Brentwood TN Real Estate - Raintree Forest 2010 Second Quarter Market Report
Raintree Forest is one of the few subdivisions where the prices actually increased over the same period in 2009. 2009 started off slowly with their first closing not happening until May. 2010 wasn't a lot better with only 2 properties closing the first quarter and then 6 in the second.
The sales prices were down considerably in the first 6 months of 2009. One home, in particular, sold for $350,000. This is very low for this neighborhood. This particular home backed up to … (2 comments)
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raintree forest market reports: Brentwood TN Real Estate - Raintree Forest 2010 First Quarter Market Report - 05/05/10 02:53 PM
Brentwood TN Real Estate - Raintree Forest 2010 First Quarter Market Report
Real Estate in the Middle Tennessee area started off slow in 2009. With that knowledge, it's not surprising that Raintree Forest had no closings the first quarter of 2009. The 9 closing that they did have all took place after May.
With over 500 properties, Raintree probably has one of the smallest turnovers of most Brentwood neighborhoods. People love the established trees, walking trails and amenities that it offers.
There are currently 17 active listings on the market. 4 of them have contingencies, leaving 13 available. … (2 comments)
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raintree forest market reports: Brentwood TN Real Estate - Raintree Forest 2009 Market Report - 01/14/10 03:35 PM
Brentwood TN Real Estate - Raintree Forest 2009 Market Report
Sales in Raintree Forest decreased by almost 50% in 2009 over 2008 sales. Though it is a very popular neighborhood, most of the homes were built in the late 80's and early 90's. If they haven't been updated, they fall into that area where Buyers just don't want to do anything, if they don't have to.
… (0 comments)
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raintree forest market reports: Brentwood TN Real Estate Trends for 2009 - Raintree Forest Market Report - 10/15/09 08:38 AM
Brentwood TN Real Estate Trends for 2009 - Raintree Forest Market Report
The last Raintree Market Report showed sales down 75% from the same time period in 2008. Good news in this area shows that the numbers year to date, of sales, are now only down 50%. Basically, 8 homes have sold in Raintree in 2009. 4 in the first half of the year, and 4 since July. In 2008, 15 homes had sold by this time, but 12 of them sold in the first half and only 3 in the next 3 months.
This tells us that sales … (0 comments)
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raintree forest market reports: Brentwood TN Real Estate Market Report for Raintree Forest - 06/19/09 09:45 AM
Brentwood TN Real Estate Market Report for Raintree Forest 2009
Raintree Forest has seen a dramatic decrease in sales in 2009. The number of closed sales is down 75% over 2008 sales. There have been only 3 closings in 2009. All of those closed in May of this year. There is currently one pending and there are 15 homes for sale.
The average asking price is down to $118.42/SF or $402,633 from the average this time last year of $136.86/SF and $504,865. What we're seeing is that the lower priced homes have started to move and the upper end … (0 comments)
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raintree forest market reports: Raintree Forest Brentwood TN -2009 1st Quarter Market Report - 04/08/09 05:29 PM
Raintree Forest Brentwood TN -2009 1st Quarter Market Report
Raintree Forest, one of Brentwoods more popular neighborhoods is feeling the pain of the economic downturn somewhat harder than other Brentwood TN Home Subdivisions. In 2008 there were 5 homes that sold in the first quarter of the year. Thusfar, none have sold in the neighborhood.
There are currently 12 homes on the market priced at an average of $475,216 or $132/square foot. The average price of the homes that sold in the first 3 months of 2008 was $516,230 or $133/square foot.
Brentwood TN Real Estate has been very … (4 comments)
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raintree forest market reports: Raintree Forest Sales of Homes in Brentwood TN - Market trends for 2008 - 01/09/09 04:59 PM
Raintree Forest Sales of Homes in Brentwood TN - Market trends for 2008
Sales of Homes in Raintree Forest were down 6% in 2008 over 2007 sales. The average sales price was down about 5% , but the Days on the Market were up over 100 days. The numbers are as follows:
Number of Homes sold in 2007 : 18
Number of Homes sold in 2008 : 17
Average Days on the market in 2007: 80
Average Days on the market in 2008: 106
Average Sales Price 2007: $510,266
Average Sales Price 2008: $492,152
Raintree Forest sales were not … (5 comments)
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