Cambridge Farms Market Report Jan 1- June 30, 2011 Gallatin Tn 37066. Cambridge Farms is one of those great neighborhoods for resale. A very popular place to live. In the first 6 months of the year 15 properties closed. The avg sales price has decreased by about $5k compared to same time last year, however the avg days on market has decreased from 104 to 48 days on market. Most markets in this economy would love to see an avg of 48 days on market with only a $5,000 loss of value. Looks like the year will finish off with a huge bang......6 properties pending and 15 sold since July with an avg sales price of $197,047 and avg 42 days on market.
| Active 19 Properties Found | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,624 | 0 | 0 | 0 | $155,000 | $0 | 19 |
| AVG | 2,347 | 2.95 | 2.05 | 0.53 | $191,635 | $0 | 113 |
| MEDIAN | 2,448 | 3 | 2 | 1 | $189,700 | $0 | 82 |
| MAX | 2,841 | 4 | 3 | 1 | $249,900 | $0 | 389 |
| Closed Jan 1-June 30,2011 15 Properties Found | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,668 | 3 | 2 | 0 | $149,900 | $149,900 | 0 |
| AVG | 2,231 | 3.07 | 2.07 | 0.53 | $186,370 | $185,372 | 48 |
| MEDIAN | 2,424 | 3 | 2 | 1 | $184,900 | $183,990 | 66 |
| MAX | 2,780 | 4 | 3 | 1 | $238,365 | $238,365 | 168 |
| Pending 6 Properties Found | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,734 | 3 | 2 | 0 | $179,990 | $0 | 0 |
| AVG | 2,140 | 3.33 | 2 | 0.5 | $201,545 | $0 | 57 |
| MEDIAN | 2,228 | 3 | 2 | 1 | $199,460 | $0 | 59 |
| MAX | 2,424 | 5 | 2 | 1 | $227,660 | $0 | 194 |
Same time last year in Cambridge Farms there were 25 homes sold with an avg sales price of $191,214 and 104 avg days on the market.
| Closed 01/01/2010 25 Properties Found | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,215 | 3 | 2 | 0 | $139,900 | $145,500 | 7 |
| AVG | 2,335 | 3.2 | 2.16 | 0.48 | $195,489 | $191,214 | 104 |
| MEDIAN | 2,403 | 3 | 2 | 1 | $199,900 | $189,900 | 77 |
| MAX | 3,212 | 5 | 3 | 1 | $239,900 | $230,000 | 379 |
Looking for a great home in a great neighborhood......check out Cambridge Farms. Lots of families, sidewalks, and the feeling of home. Call Sherry Chastain to get the numbers for your neighborhood.
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