Chenoweth Third Quarter 2013 Market Report

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Real Estate Agent with Pilkerton Realtors

Chenoweth Third Quarter 2013 Market Report

Chenoweth Market Report

Prices may have only gone up 4% in Chenoweth this year but the List Price to Sales Price changed from 4% in 2012 to 2% in 2013. That means Sellers are having to negotiate a lot less off their asking price. Homes still have to be priced correctly for this to happen...

This is the activity for this year compared to the same time last year:

 

  # Sales List Price Sales Price DOM
2012 11 $542,254 $522,136 83
2013 14 $553,471 $544,119 49
% Change 27% 2% 4% -41%

 

Not only are prices up, days on the market are almost half of what they were last year.

Chenoweth saw the number of sales increase 27% compared to the same period in 2012. Inventory is still low with only 7 homes for sale. It comes to a 5 month supply which is much higher than many similar neighborhoods in the Brentwood area.

These numbers are slightly lower than Brentwood's average of a 6% increase in prices.

Thankful Thought of the Day...

I am thankful for my extended family who has drawn closer together since my father passed away 18 months ago. We speak more frequently and remember each others Birthdays. It's very warming.

 

 

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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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Tennessee Williamson County Brentwood Chenoweth
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Love seeing great list-to-sales price ratios - AND fewer DOM!  It's so nice to have finally pulled out of the misery of 2010!!  (and before!)

Nov 06, 2013 12:47 PM #1
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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Debe - I couldn't agree more! The numbers just keep improving.

Nov 07, 2013 05:29 AM #2
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Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living
Hi Connie, steady as she goes --- the real estate market in Chenoweth is moving into the right direction! That's good news!
Nov 07, 2013 10:06 AM #3
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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Silvia - You're absolutely right! Homeowners there should be delighted.

Nov 08, 2013 06:12 AM #4
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Connie Harvey

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