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.
| 2009 | 2010 | Percent Change | Active Listings | |
| Number of Sales | 1 | 1 | 0% | 8 |
| List Price | 317,900 | $315,000 | -1% | $311,300 |
| Sales Price | 310,000 | $287,500 | -7% | |
| Days on Market | 64 | 81 | 21% | 70 |
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 first weekend. This was the first time Buyers could get into the Brentwood area at this lower price point in New Construction. The average sales price of a house in Brentwood was $675,832.
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