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Market Report Brentwood TN March 2014

By
Real Estate Agent with Royal Shell Real Estate - The Koffman Group SL 3310397

Market Report Brentwood TN March 2014Brentwood market report

 

Real estate market data for Brentwood, TN provided by Jill Winchel of SilverPointe Properties.

  March 2013 March 2014
Total Sold 54 52
AVG DOM 68 76
AVG List Price $609,390 $682,570
AVG Sale Price $600,407 $672,506
% of SP to LP 99% 99%

 

 Market Report Brentwood TN March 2014 Summary

These numbers only pertain to Brentwood single-family homes in Williamson County. Since Brentwood is near the county line, some Brentwood homes reside in Davidson County.

Although the number of homes sold and days on market numbers are very similar year to year, there is over a $70,000 increase in the average list price and average sold price. Brentwood is in a seller’s market and home prices are continuing to increase.  Homes are selling for very close to their list price so that is a good sign for sellers. The market has been gradually improving throughout 2013 and will hopefully continue the trend in 2014.

The home with the lowest price ($275,000) sold in March 2013 was located in Stonehenge and the highest sale ($2,250,000) was a short sale located in Governors Club and had been on the market for 172 days.

The home with the lowest price ($280,000) sold in March 2014 was located in Southern Woods and the highest sale ($2,000,000) was located in Governors Club

The number of active listings increased by 49 from the previous month. There are currently 330 single family homes on the market in Brentwood, Williamson County. The average list price today is $884,349. See more details for the Brentwood housing market.

  Active  330 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 1,906 2 1 0 $289,900 $0 0
AVG 4,846 4.47 3.72 1.04 $884,349 $0 66
MEDIAN 4,478 4 4 1 $724,950 $0 40
MAX 14,680 7 7 4 $5,589,000 $0 550

You may want to view previous market reports:

February 2014    January  2014    December 2013     October 2013     August 2013

Visit my website to search for homes for sale in Brentwood or to be notified when Brentwood homes come on the market. To find out what your home is worth in the current market email me or call 615-504-1185.

You may want to check out these current Brentwood listings with a scheduled Open House.

Market Report Brentwood TN March 2014

 

David Saks
Memphis, TN
Broker / Industry Analyst

Another fine post with loads of great information to enjoy.

Apr 07, 2014 02:14 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Jill, Good job giving the market report for the month of March. It is such a good market there, I kow you are enjoying the ride.

Apr 07, 2014 04:33 AM