Chenoweth - Spring 2012 Market Report

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Real Estate Agent with Pilkerton Realtors

Chenoweth - Spring 2012 Market Report

Chenoweth

The Chenoweth subdivision has shown remarkable consistency in the past year. Sales show a down number but when so few houses sell in a neighborhood, one needs to look at the bigger picture. Looking through to the sales in July and August, both years show 7 total sales.

  # Sales List Price Sales Price  DOM
2011 4 $542,850 $513,693 83
2012 3 $523,100 $488,166 77
% Change 5% -4% -5% -7%

The prices also appear to have decreased but the true story is that the average square footage of the homes sold in 2011 was 4100 and that decreased to 3724 in 2012.

Chenoweth currently has one Sale Pending, 8 active listing, of which 2 have financing contingencies. The average asking price is $575,800 and the average square footage of the active listings is 4686.

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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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Rainmaker
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Ellie Penaranda
239.776.5077 Downing-Frye Realty - Naples, FL
Naples Florida Real Estate - Waterfront & Beach Co

Connie, Great report, simple and to the point.  Consumers looking for market reports are sometimes turned off by excessive information.  Good to see the DOM decreasing - that is always a good sign.

Aug 24, 2012 06:34 AM #1
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