Brentwood TN Real Estate Chenoweth 2011 Market Report

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Real Estate Agent with Pilkerton Realtors

Brentwood TN Real Estate

Chenoweth 2011 Market Report

Chenoweth Brentwood TN - Market Report

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.

 

  2010 2011 Percent Change
# of Homes Sold 15 12 -20%
Average list Price $557,326 $552,789 -1%
Average Sales Price $533,086 $527,747 -1%
Days on the Market 94 75 -20%

 

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 reported that sales were up 1.8% in Middle Tennessee compared to 2010. The last quarter showed a 18% increase in sales compared to the same quarter for 2010.

The current outlook for 2012 is for sales to continue to increase in a steady fashion.

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Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.


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TeamCHI - Complete Home Inspections, Inc.
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Good morning, Connie. Interesting market report. It is interesting to see what is happening in our area...

Jan 13, 2012 07:25 AM #1
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Connie Harvey
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Michael - I have several more I want to get done today.

Jan 13, 2012 07:44 AM #2
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