Raintree Forest Third Quarter 2013 Market Report

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Real Estate Agent with Pilkerton Realtors

Raintree Forest Third Quarter 2013 Market Report

Raintree Forest

Raintree Forest is finally seeing the same prices homeowners were used to seeing in the market's peak years of 2007 and 2008. Prices increased on average 11% compared to the same time in 2012.

The number of transactions has not returned to the all time high in 2006 but then that was the year that Nissan moved their corporate headquarters to Franklin TN.

 

  # Sales List Price Sales Price DOM
2012 14 $452,010 $445,958 77
2013 19 $501,692 $493,489 50
% Change 35% 11% 11%

-35%

 

Days on the market are down from 77 days in 2012 to just 50 this year. The number of transactions is up 35% compared with 2012. Inventory continues to improve but there is still only a 4 month supply.

Anything less than a 6 month supply of homes is considered a Seller's Market. Homeowners who are thinking of selling their Raintree Forest home should consider getting their home market ready!

 

 

Thankful Thought for the Day....

Today I was called by a person I met this spring. We took a class together. She and her husband are  interested in selling their home and buying something bigger. She said they felt comfortable with me and felt they could trust me to do a good job. I'm extremely thankful that I make people feel comfortable with me.

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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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Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Connie, very impressive numbers for Nashville TN, I do like it when all the arrows are pointing up. Doesn't make you feel good when someone from your past contacts you to assist them with selling or buying a home?

Nov 05, 2013 06:42 AM #1
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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Beth - Absolutely! I'm closing a condo that is exactly that. A past customer's relative passed away and he thought of me to sell it!

Nov 06, 2013 05:59 AM #2
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Connie Harvey

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