Villages of Brentwood First Half 2011 Market Report
Villages of Brentwood has sold well in 2011 despite the numbers going down this year. Spring of 2010 showed a spike in sales because of the Tax Incentive. Many of the Buyers in this neighborhood are first time homebuyers and qualified for the incentive.
| 2010 | 2011 | Percent Change | |
| Homes Sold | 16 | 9 | -44% |
| Average list Price | $164,788 | $154,983 | -6% |
| Average Sales Price | $160,015.00 | $150,664.00 | -6.00% |
| Days on the Market | 72 | 113 | 36% |
Sales in Villages of Brentwood look like the prices have decreased a good bit, but when you compare the actual Sales Price per Square Foot, the prices only decreased 3%.There is currently one pending sale with a list price of $168,900. There are 8 properties on the Active market, which is just under a 6 month supply. This is a very healthy amount of inventory!
Villages of Brentwood is located in South Nashville in the Nipper's Corner area. It is zoned for Granbery Elementary, which is a popular elementary school in this part of town.
School will be starting in a few weeks and the existing inventory could be partially depleted by then.
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