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.
|2009||2010||Percent Change||Active Listings|
|Number of Sales||0||2||200%||17|
|Days on Market||NA||56||NA||50|
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. The average list price is somewhat agressive considering the prices of those sold this year.
Brentwood Home Sales were up 28% over the same time in 2009. List Prices were down 13% and Sales Prices down just 12%. There were 104 closings in the first quarter and there are currently 70 pending. This is up significantly over 2009. There are currently 530 active listings which comes to a 15 month supply of inventory.