Sales of Homes in Chenoweth were stable in 2013. Prices increased modestly and days on the market were down.
There are currently 5 homes on the market in Chenoweth with an average asking price of $635,830. That is considerably higher than the average sold sales price. The Average days on the market is also higher at 63 days. Two of the listings have beenon the market for over 110 days. That tells us that they are either over priced or their condition needs improving. Repeat, over priced for the condition. Chenoweth … (1 comments)
Prices may have only gone up 4% in Chenoweth this year but the List Price to Sales Price changed from 4% in 2012 to 2% in 2013. That means Sellers are having to negotiate a lot less off their asking price. Homes still have to be priced correctly for this to happen... This is the activity for this year compared to the same time last year:
Not only are prices up, days on the market are almost half of what they were last year. Chenoweth saw the number of … (4 comments)
Homes Sales in Chenoweth for 2012 were very consistant with those of 2010. The Sales prices here appear to be down somewhat but that is not really the case. The average Price /square foot ($/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)
Chenoweth 2013 Market Report
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