chestnut springs market report: Chestnut Springs 2014 Mid Year Market Report - 08/15/14 02:32 AM
Chestnut Springs 2014 Mid Year Market Report

Chestnut Springs saw an increase in both number of sales and sales prices.
 
 
There are currently 2 Active listings in Chestnut Springs. One is listed for $315,000 with 1860 square feet. The other is listed at $399,999 with 3344 square feet. This home probably has a basement since it's much larger than the average home in this neighborhood. 
 
Chestnut Springs continues to be popular. The homes were built about 10 years ago and are the most affordable in Brentwood. The average Sales price in Brentwood in 2013 was $649,470.  That's more … (8 comments)

chestnut springs market report: Chestnut Springs 2013 Market Report - 01/15/14 06:40 AM
Chestnut Springs 2013 Market Report

Chestnut Springs saw a gentle increase in both number of sales and sales prices.
 
 
There are currently No Active listings in Chestnut Springs. There is one Pending sale with an asking price of $315,900.
 
With no inventory available, now would be a good time to get your Chestnut Springs home ready for sale! It's certainly a Sellers Market in this neighborhood!
Chestnut Springs continues to be popular. The homes were built about 10 years ago and are the most affordable in Brentwood. The average Sales price in Brentwood in 2012 was … (2 comments)

chestnut springs market report: Chestnut Springs Third Quarter 2013 Market Report - 11/08/13 04:34 AM
Chestnut Springs Third Quarter 2013 Market Report
The number of Home Sales in Chestnut Springs in 2013 is exactly equal to the sales in 2012 for the same time period! That's not that unusual since inventory has remained low.
Chestnut Springs did see the prices go up and the days on the market go down. Both moving in the right direction for these homeowners.
 
 
 
 
There are currently only 4 homes on the Active MLS list, one of which has a contingency on it. That leaves 3 and only a 3 month supply.
Chestnut Springs continues … (1 comments)

chestnut springs market report: Chestnut Springs Spring 2013 Market Report - 06/10/13 09:50 PM
Chestnut Springs Spring 2013 Market Report

The number of sales in Chestnut Springs declined just a bit in the spring of 2013 as compared to the same time in 2012. Prices went up on average 1% which represents slow but steady growth.
 
There are currently 4 Active listings showing in the MLS of middle Tennessee. Of those, 2 have financing contingencies on them. That leaves 2 for sale. Inventory continues to stay low with a less than 4 month supply of homes for sale.
Homeowners thinking of moving in 2013 still have time to get there home sold … (3 comments)

chestnut springs market report: Chestnut Springs - 3rd Quarter Market Report 2012 - 11/06/12 04:13 AM
Chestnut Springs - 3rd Quarter Market Report 2012

Chestnut Springs is the poster child for our Middle Tennessee Real Estate market! Sales are up 400% for the Quarter and almost double for the year. Prices are up for both!
The Chestnut Springs inventory is so low it's non-existent! The 3 Active Listings all have some type of contingency on them. That means that even if you wanted to Purchase a home in Chestnut Springs, nothing is available!
If your thinking of Selling your Home in Chestnut Springs, now would be the time to get it ready for … (3 comments)

chestnut springs market report: Chestnut Springs Spring 2012 Market Report - 07/06/12 06:48 AM
Chestnut Springs Spring 2012 Market Report

The number of sales in Chestnut Springs remained the same in the first 6 months of 2012 as compared to the same time in 2011. Prices went up on average 2% which represents steady growth.
Chestnut Springs remains the most affordable neighborhood in Brentwood TN. Built in 2002 to 2004, the all brick homes have attracted many young families, business professionals and retirees who are not interested in the typical large yards one finds in Brentwood. The Homeowners association fee includes lawn care.
Chestnut Springs is on the eastern side of … (5 comments)

chestnut springs market report: Brentwood TN Real Estate Chestnut Springs 2011 Market Report - 01/13/12 08:06 AM
Brentwood TN Real Estate
Chestnut Springs 2011 Market Report

Nashville TN Real Estate is experiencing a rise in home sales. Brentwood is no different. All of the area is still experiencing different amounts of decreases in sales prices.
 
 
Chestnut Springs is seeing the opposite. The number of sales is down but the prices have gone up. This is a great thing for Chestnut Springs.
There are only 3 homes for sale at this time. One of these has a Home Sale Contingency.(The Buyer must sell their own home before they can proceed to closing).
 
(2 comments)

chestnut springs market report: Brentwood TN Real Estate Chestnut Springs - Fall 2011 Market Report - 11/10/11 06:40 AM
Brentwood TN Real Estate
Chestnut Springs Fall 2011 Market Report

Chestnut Springs sales are down a bit in 2011 compared with sales in 2010. The numbers below show year-to-date.
 

The actual Third Quarter of 2011 only had a single closing compared to 4 closings in 2010.
Chestnut Springs currently has 6 properties for sale, 2 of which have financing contingencies. This is one of the most affordable neighborhoods in Brentwood which has an Average Sales Price of $582,000.
Buyers should be gobbling up these listings!
(1 comments)

chestnut springs market report: Brentwood TN Real Estate Chestnut Springs 2011 6 Month Market Report - 07/12/11 08:01 AM
Brentwood TN Real Estate
Chestnut Springs 2011 6 Month Market Report

Chestnut Springs has seen activity the first 6 months of 2011 very similar to the same time in 2010. Many areas saw a decrease in sales, due to, one assumes, the lack of the Tax Incentive.
 
 
Chestnut Springs had 5 sales in 2010 and 4 sales in 2011. Very little difference even though the chart shows them down by 20%.
What's more remarkable is that the prices in Chestnut Springs actually went up! Of the 5 sales in 2010, one was a foreclosure. … (0 comments)

chestnut springs market report: Brentwood TN Real Estate - Chestnut Springs 2010 Market Report - 01/17/11 07:03 AM
Brentwood TN Real Estate - Chestnut Springs 2010  Market Report

Chestnut Springs saw and 83% increase in sales from 2009 to 2010! Price were down a bit but not dramatically. The Days on the Market really came down this past year. All of this shows that our market is starting to stablize.
Chestnut Springs is still one of the most affordable neighborhoods in Brentwood. With prices below $300,000 buyers have to go to Nolensville or South Franklin to get into the North Williamson County School District. The average price of a home in Brentwood is over $600,000.
 
(3 comments)

chestnut springs market report: Brentwood TN Real Estate - Chestnut Springs 2010 Third Quarter Market Report - 11/09/10 05:37 AM
Brentwood TN Real Estate - Chestnut Springs 2010 Third Quarter Market Report

Chestnut Springs had seen sales increase 50% this year. In 2009, only 6 homes had sold by this time where 9 properties have already closed in 2010. The numbers below show the average sales prices. Since only one property closed during this period in 2009, it's hard to say what the average might have been. If you take the price/square foot, the 2009 property sold at $135/sqft where the 2010 properties sold at almost $133/sqft or less than 2% less than the prior year.
The Chestnut Springs Sales … (0 comments)

chestnut springs market report: Brentwood TN Real Estate - Chestnut Springs 2010 Second Quarter Market Report - 08/11/10 07:18 AM
Brentwood TN Real Estate - Chestnut Springs 2010 Second Quarter Market Report

Chestnut Springs in Brentwood continues to have solid sales. There were 5 sales the first half of 2010 just as in 2009. One was a foreclosure and sold with multiple offers.
 

 
 
There are currently 11 properties for sale with 2 of them having inspection contingencies. The average asking price is $309,663. Both listings with contracts on them are priced under $300k. The number of units for sale would indicate a 12 to 13 month supply of inventory. Because sales were down over 20 % … (3 comments)

chestnut springs market report: Brentwood TN Real Estate - Chestnut Springs 2010 First Quarter Market Report - 05/07/10 08:11 AM
Brentwood TN Real Estate - Chestnut Springs 2010 First Quarter Market Report

Chestnut Springs has been consistent if nothing else. One closing first quarter in both 2009 and 2010. It's hard to say that prices are up or down unless it's the same house or floor plan. What we do see is that 4 of the 8 active listings have contract contingencies on them.
Chestnut Springs was built by Pulte starting in 2002. It was such a popular concept at the time that they had a lottery to see who could write the first contract. 50 homesites were chosen the … (8 comments)

chestnut springs market report: Brentwood TN Real Estate - Chestnut Springs 2009 Market Report - 01/31/10 06:39 AM
Brentwood TN Real Estate - Chestnut Springs 2009 Market Report

Chestnut Springs is still the most affordable neighborhood in Brentwood. Because the association fee pays for the lawn care, the neighborhood consistantly look neat and inviting. The sales in this neighborhood don't chang much from year to year. The buyers are sometimes First time Homebuyers and others move up from south Davidson County.
 
Prices show a decrease of 5% from 2008 to 2009. Looking closer, we can eliminate the forclosure property and that puts the decrease at only 4%. Not bad for a neighborhood when sales are down up … (0 comments)

chestnut springs market report: Brentwood TN Real Estate - Chestnut Springs 2009 Fall Market Report - 10/15/09 08:58 AM

Brentwood TN Real Estate  - Chestnut Springs 2009 Fall Market Report
Chestnut Springs, located on the western side of Brentwood is one of the most affordable neighborhoods in Brentwood. Because of this, sales are generally consistant and the sales for 2009 are very much that compared to 2008. Last year, 2008, 7 homes sold in the first 3 quarters and this year, 2009, 6 sold.
At the time of this report there were 7 properties listed for sale with an average of 70 days on the market.
Looking at actual sales from 2008 to 2009 one finds the following comparisons:
(2 comments)

 
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Connie Harvey

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Brentwood, TN

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