Chenoweth 2011 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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