Montclair Brentwood TN Home Sales for May 2011

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Montclair Brentwood TN Home Sales for May 2011 provided by Tammie White:

  • Properties currently active on the market in Montclair: 9 Montclair Brentwood TN Homes for Sale
  • Single-family properties closed in May 2011: 4
  • Average sales price: $659,975
  • Average list price: $680,825
  • Sales price to list price ratio: 97%
  • Average days on the market: 55
  • Sales currently pending: 1
  • Montclair absorption rate: 2 months of inventory (anything under 7 months of inventory is considered a seller's market, above 7 months is considered a buyer's market).

Montclair is definitely in a seller's market. Of the 9 homes currently active, 3 have contracts on them that haven't been moved over to pending yet. That means there are only 6 homes available. With 4 homes closing last month there is only 1.5 months of inventory. If you are looking to sell your Montclair home, NOW is the time.

If you are interested in a Montclair home for sale or wish to sell your Brentwood TN home, contact Tammie White your Brentwood TN REALTOR® at (615) 495-0752.

 

 

Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tammie White is subject to copyright infringement and possible lawsuit.
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Rainer
65,549
Lori Robertson-Stoudt
Stoudt Realty REALTOR - Hollis, NH
BROKER, ABR, CRS, CDPE

Looks like a really beautiful property.  Good luck with the marketing and sale of this home.  Best - Lori

Jun 11, 2011 11:49 AM #1
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Lori - While the above photo is actually from the Montclair neighborhood, it is not currently for sale. I only used it as a representative of the homes for the market report.

Jun 11, 2011 11:56 AM #2
Rainer
87,124
Allen 2222
Austin, TX

Hi Tammie - I really like how succinct your market reports are: just the numbers people want to know, with a little more to help them understand. Your photos are always very crisp and clean, too, which helps show the quality of the homes in a neighborhood.

Jun 16, 2011 06:12 PM #3
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Alison - I often see market reports in my area that have photos from other neighborhoods. I find this very misleading. I always use a photograph from the neighborhood so there's no confusion what the homes look like.

Jun 16, 2011 07:01 PM #4
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Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Tammie I like the information you provide in your market report.  I would be happy if we had even a 6 month absorption rate.   Monclair with 2 is doing well.

Jun 21, 2011 04:34 PM #5
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Jennifer - It sure is. And even at this price point, it's highly desirable.

Jun 21, 2011 04:48 PM #6
Rainmaker
3,276,330
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Tammie I love your Market Report and what a great picture of a home, I had no idea that TN had such expensive homes:)) Now take that picture same house in Los Angeles and it would be around $3-$10 milllion depending on the location.

Jun 22, 2011 04:51 PM #7
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Endre - We are in Williamson County. Home to many country music stars. It is the most expensive county in the state. You will find a wide variety of homes here. I think the most expensive home on the market right now is $27M but you will also find homes priced as low as $50,000. You will find something for everyone here.

Jun 23, 2011 10:32 AM #8
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Tammie, I'll take the house in the picture!  Looks like a wonderful community.

Jun 25, 2011 03:03 AM #9
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Pat - It really is just a beautiful neighborhood.

Jun 25, 2011 05:48 PM #10
Rainmaker
829,165
Sheila Newton Team Anderson & Greenville SC
Berkshire Hathaway HomeServices - C. Dan Joyner - Anderson, SC
Selling the Upstate since 1989

I love the way you present the home and area... Bet you get some leads from it.. good luck

Jun 26, 2011 06:03 AM #11
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Sheila - Thanks.

Jun 26, 2011 03:37 PM #12
Rainmaker
1,729,443
Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Tammie....nice post! You have some really nice homes in your area!

Jun 27, 2011 11:42 AM #13
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Rob - Thanks. Brentwood is a lovely place to call home.

Jun 27, 2011 11:55 AM #14
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Lovely neighborhood in your area Tammie. Interested homebuyers in your area should consult you as their grand rapids short sale agents if they want to find great homes like the one here. 

Jun 28, 2011 03:14 PM #15
Rainer
251,980
Karen Hawkins, MBA - Langley & Surrey, BC
Royal Pro Real Estate Network - Langley, BC

Some gorgeous homes you have in the Montclair Brentwood area, Tammie - no wonder it's a seller's market (I wish we had absorption rates that low!)

Jun 28, 2011 04:51 PM #16
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