Homes Sales in Chenoweth for 2012 were very consistant with those of 2010. The Sales prices here appear to be down somewhat but that is not really the case. The average Price /square foot ($/sqft) is actually up. The Average $/sqft in 2011 was $123.74. It increase to $129/sqft in the same reporting period of 2012. That's up just over 4%. Better than the average increase in Brentwood. Chenoweth has only 3 homes Listed for Sale and 1 Pending. It's only a Three Month Supply which would indicate that they are moving … (5 comments)
The Chenoweth subdivision has shown remarkable consistency in the past year. Sales show a down number but when so few houses sell in a neighborhood, one needs to look at the bigger picture. Looking through to the sales in July and August, both years show 7 total sales. The prices also appear to have decreased but the true story is that the average square footage of the homes sold in 2011 was 4100 and that decreased to 3724 in 2012. Chenoweth currently has one Sale Pending, 8 active listing, of which … (1 comments)
The Brentwood TN Real Estate Market showed an increase in overall sales in 2011 compared to 2010. Prices on fell on average 2% this past year which indicates that the market is beginning to stabilize.
Chenoweth may have seen a decrease in sales instead of the increase seen elsewhere, but their prices were only down 1%. With only 4 homes currently for sale in Chenoweth, the absorption rate is down to a 4 month supply of homes for sale. The Nashville TN Real Estate market … (2 comments)
Chenoweth Sales have held steady in the Third Quarter of 2011 compared to those of 2010.
The Average Sales Prices show them down 3% but the actual Price per Square Foot increased 1.5% in the 3rd Quarter compared to the same time in 2010! The Price/Sqft was $122 in 2010 and increased to $123.77 in 2011! Chenoweth has 5 properties for sale, one with an Inspection Contingency and one Pending Sale. This leaves less than a 3 month supply of inventory! If our market … (0 comments)
The number of closings in Chenoweth is down by almost half in the first 6 months of 2011 compared to the same time in 2010. At first glance, it appears that the prices are also down by 3%. Looking closer at the actual sales, the average Sales Price/Square Foot is actually up 4% this year. This is great news in this economy! Chenoweth is ideally situated between Edmondson Pike and Concord Road. Its easy access to Brentwood, Cool Springs and Downtown make it an ideal … (0 comments)
First quarter sales were down a good bit in Chenoweth. In 2010, 4 properties sold in the First Quarter with an average sales price of $561,225. As of April 1 2011, no homes had sold. There was one Pending property, listed at $689,900. The reason for the huge price difference is that the pending home is 6338 Square Feet and the properties that sold in 2010 averaged 4538 sqft. The pending home has since closed with a sales price of $635,000. This property was on the … (5 comments)
Chenoweth posted remarkable numbers in 2010. We've been reporting sales down up to 30% in most areas of middle Tennessee. Chenoweth on the other hand showed a 150% increase in sales over 2009. Sales were not just up but prices were up too, even if just modestly!
Brentwood also saw, in general, sales up but only 24%. Not that 24% is bad. Since we post the Listing and Sales Prices as average, the report on Brentwood would show that the average Asking Price decreased from $682,308 to $611,785 … (2 comments)
The breakdown of the Chenoweth numbers was a little unusual this period. Sales were up considerably and it appears on the surface that prices were also up a good bit. After looking much closer to the details, one sees that the homes that sold in 2010 were much larger than those that sold in 2009 in the same time period.
The 5 homes that sold in the first half of 2009 averaged 3521 square feet. Those in that sold in the same period of 2010 averaged 4075 … (2 comments)
Chenoweth - 3rd Quarter 2012 Market Report 
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