Brentwood TN Real Estate Trends for 2009 - Chenoweth Neighborhood Market Report

Chenoweth Brentwood TN

Where Chenoweth prices have held mostly steady the last 2 years, sales have not. Homes sold between $408,500, or $125 a square foot, and $715,000, or $161/sqft. The one consistent factor in all of the home sales is that Buyers no longer want to come in and update the homes they purchase.

Year Number of Homes Sold Average List Price Average Sales Price Difference
2008 9 $548,011 $529,319 97%
2009 6 $541,450 $523,916 97%
Difference -33% -1% -1% 0%

Brentwood TN Real Estate market reflected similar outcomes in pricing but the number of units sold did not decrease as much.

For whatever reason, the sales in Chenoweth were down 30% in 2009 over 2008. The BIG NEWS on this is that all 6 sales in 2009 occurred in the first half of the year. Yes, spring is usually the busier time for home sales, but there were NO closings after July and there are currently no pendings. The average asking prices are up and there 7 homes on the market giving them a 14 month supply of inventory.

The Brentwood TN Real Estate market has only a 10 month supply of homes.

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Connie Harveyis a local agent with Prudential Woodmont Realty, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals.

Connie can be reached at 615-661-7800 x 1300 or at HarveyC@realtracs.

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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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This post has been included in Tennessee Real Estate News Williamson County, TN Real Estate News Brentwood, TN Real Estate News Chenoweth (Brentwood, TN) Real Estate News
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Connie Harvey Realtor Nashville TN Real Estate (Pilkerton Realtors) Ambassador_large

Connie Harvey Realtor Nashville TN Real Estate

Brentwood, TN

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Pilkerton Realtors

Address: 2 Cadillac Drive, Brentwood, TN, 37027

Office Phone: (615) 371-2474

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