Brentwood TN Real Estate Hearthstone -  2011 Market Report

Home sales in Hearthstone have been brisk so far in 2011. The prices are down a little compared to the same time period in 2010 and the days on the market have increase some. Considering that these homes were built in the 1980s and many are in need of updating, this is probably encouraging to see so many moving.

Only One house sold in Hearthstone in the same period of 2009 which made us think that this was an exceptional year for home sales. Then we looked at this period in 2008, and 8 homes sold that year. It just shows that the sales are all over the board in Hearthstone!

Hearthstone is located in the Davidson county side of Brentwood. It's located just off Old Hickory Blvd about 2 miles East of I-65. Kids can walk to Granbery Elementary.

Brentwood TN Real Estate - Hearthstone 2009 Year End Market Report

Hearthstone is probably one of the few neighborhoods in the Nashville area that actually saw their average sales price INCREASE. That tells you a lot about a neighborhood. Tough it's listed as a Brentwood subdivision, and they do have a Brentwood mailing address, it is actually in Davidson County and zoned for Metro Public Schools.

The number of homes sold is down dramatically from 2008 but with the slight increase in price, this should worry you none. Most of these homes were built in the mid to late 80's. At the time they filled a huge need for this area. All brick with somewhat larger yards, mature trees, and just a couple of miles to I-65.

The Brentwood TN Real Estate market, like it's neighbor Nashville saw prices decrease between 8 and 10% in 2009. Sales in general increased three months in a row with volume up 13% in December, almost 58% in November and 63% in October. It's too early to predict that we are in recovery, but the numbers are looking good.

The Tennessean reported last week that according to GNAR, the local Board of Realtors, that the prices seem to have stabilized. Stabilized or not, confidence appears to be up. With 2 of the 4 sales occuring in November and December, one could assume that it was the result of the First Time Home Buyers Credit.

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Connie Harveyis a local agent with Prudential Woodmont Realty, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals.

Connie can be reached at 615-661-7800 x 1300 or at HarveyC@realtracs.

Follow her Blog: Nashville Tennessee Living