Hemmingwood Brentwood TN Market Report - Summer 2011
The number of homes sold in Hemmingwood this year is down considerably from those sold in 2010. Just using the Year to Date time frame, the sales would appear to be down 50%. Only 2 homes have closed in 2011 compared to 4 in the same time period of 2010.
Because Hemmingwood has always been a popular neighborhood we did a little deeper search to see what is really happening in this neighborhood. Most of the homes are contemporary ranch style with or without expansion areas upstairs. Having been built in the late 1980s, many of the homes have had modifications.
Year | # Sales | Avg Sales Price | Avg Price/SqFt | % Change P/sqft |
2007 | 13 | $365,363 | $145.22 | |
2008 | 5 | $373,800 | $158.46 | 9% |
2009 | 5 | $400,875 | $153 | -3% |
2010 | 9 | $318,612 | $143.39 | -6% |
2011 to date | 2 | $378,500 | $125 | -13% |
The numbers here include the Estates section only in the total number of sales. The Average prices and Price/SquareFoot (sqft) do NOT include the Estate numbers.
There are approximately 170 homes in Hemmingwood. That means that between 3 and 7% of them will sell each year, on average.
The Brentwood TN neighborhood of Hemmingwood is located just off Old Hickory Blvd, behind Hearthstone in Davidson County. It's zoned for Granbery Elementary and Overton High School.
Being barely 2 miles to I-65, one has very easy access to Downtown Nashville or the Cool Springs area.
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