Chenoweth Fall 2011 Market Report
Chenoweth Sales have held steady in the Third Quarter of 2011 compared to those of 2010.
| 2010 | 2011 | Percent Change | |
| # of Homes Sold | 5 | 5 | 0% |
| Average list Price | $561,860 | $546,160 | -3% |
| Average Sales Price | $537,500 | $520,955 | -3% |
| Days on the Market | 95 | 82 | -14% |
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 continues along this course, we may see real recovery here in Middle Tennessee in 2012!
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