Villages of Brentwood Sales of Homes in Nashville TN - Market trends for Spring 2009

Home sales are just barely down in the Villages of Brentwood this year. Prices have also remained very close to their levels of 2008. The bigger difference that you'll see is that the smaller and thus lower priced homes are the ones selling right now. What that means is where you see the AVERAGE sales price is down from $181,230 to $168,818 which looks like a lot. The actual price per square foot is actually up a Dollar!
Homes in Villages of Brentwood will qualify for the $8000 First time Home Buyers Tax Incentive. Read more about how to get the $8000 Tax Incentive at the link above.
| Address |
BR |
Yr Blt |
Gar |
Sq Ft |
List Price |
SP/SF |
Sales Price |
Closed |
DOM |
| 5501 VILLAGE WAY |
3 |
1984 |
|
1,294 |
$129,900 |
$96.52 |
$124,900 |
4/16/2009 |
106 |
| 5113 ENGLISH VILLAGE
|
3 |
1989 |
1 |
1,215 |
$159,350 |
$130.86 |
$159,000 |
4/30/2009 |
25 |
| 5116 VILLAGE WAY |
3 |
1987 |
2 |
1,312 |
$164,900 |
$124.24 |
$163,000 |
1/30/2009 |
59 |
| 5520 FAIRHAVEN DR |
3 |
1988 |
2 |
1,626 |
$172,000 |
$106.24 |
$172,750 |
4/28/2009 |
205 |
| 5328 Village Way |
5 |
1984 |
2 |
1,760 |
$174,900 |
$99.38 |
$174,900 |
5/18/2009 |
94 |
| 5420 HUNTERS RDG |
3 |
1987 |
2 |
1,624 |
$179,900 |
$110.22 |
$179,000 |
6/19/2009 |
41 |
| 5105 ENGLISH VLG |
3 |
1993 |
1 |
1,703 |
$194,900 |
$110.98 |
$189,000 |
3/9/2009 |
124 |
AVERAGE
|
3.25 |
1989 |
1.7 |
1,543 |
$170,718 |
$109.41 |
$168,818 |
|
101 |
There are currently 2 homes pending to close by the end of June which will mean that there is just one less closed transaction compared to last year in the same time period.
| Address |
BR |
Yr Blt |
Gar |
Sq Ft |
List Price |
SP/SF |
Sales Price |
Closed |
DOM |
| 5316 HUNTERS RDG |
3 |
1986 |
0 |
1,128 |
$149,900 |
$132.00 |
$148,900 |
3/14/2008 |
38 |
| 5204 CARDIFF DR |
3 |
1985 |
2 |
1,321 |
$171,000 |
$126.42 |
$167,000 |
6/13/2008 |
54 |
| 5260 VILLAGE TRACE |
3 |
1990 |
1 |
1,428 |
$179,900 |
$123.25 |
$176,000 |
2/25/2008 |
92 |
| 5304 VILLAGE WAY |
3 |
1985 |
2 |
1,686 |
$181,500 |
$106.76 |
$180,000 |
6/5/2008 |
48 |
| 5325 HUNTERS RIDGE |
3 |
1986 |
2 |
1,612 |
$185,000 |
$114.76 |
$185,000 |
6/30/2008 |
35 |
| 5012 ENGLISH VILLAGE
|
3 |
1986 |
2 |
1,852 |
$194,000 |
$99.35 |
$184,000 |
6/9/2008 |
62 |
| 5344 VILLAGE WAY |
3 |
1991 |
2 |
1,694 |
$196,500 |
$112.16 |
$190,000 |
5/25/2008 |
136 |
| 5213 VILLAGE TRCE |
3 |
1991 |
2 |
1,684 |
$199,900 |
$111.64 |
$188,000 |
4/29/2008 |
238 |
| 605 VILLAGE TRACE
|
3 |
1990 |
2 |
2,316 |
$199,900 |
$86.31 |
$199,900 |
5/9/2008 |
69 |
| 5224 VILLAGE TRACE |
3 |
1991 |
0 |
2,006 |
$204,900 |
$96.46 |
$193,500 |
4/28/2008 |
219 |
|
AVERAGE
|
3 |
1988 |
1.5 |
1,672 |
$186,250 |
$108.39 |
$181,230
|
|
99
|
The Nashville Real Estate market has seen and over 30% decrease in the number of closed home sales this year and a decrease in price of just over 8%. Using these numbers, one can see that the value of this neighborhood done very well.
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Connie Harvey is a full time Realtor with Prudential Woodmont Realty Group in Brentwood TN. She services both Buyers and Sellers with their Real Estate need in Nashville TN, Franklin TN, Brentwood TN and surrounding areas. She can be reached at 615-661-7800 x 1300 or HarveyC@realtracs.com.
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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I like the sounds of this report! I just pulled our May numbers for doing some posts....there is one category....are you ready....we have a 62 MONTH SUPPLY!!! Yep, that's right! 5 years worth at the current sales pace.....
I hope the developers read these reports before they start building again!
A bunch of my friends were in Nashville this weekend...wish we could of come with and said hello!