Market Report Brentwood TN February 2014

By
Real Estate Agent with Royal Shell Real Estate - Koffman & Associates SL 3310397

Market Report Brentwood TN February 2014Graph

 

Real estate market data for Brentwood, TN provided by Jill Winchel of SilverPointe Properties.

  February 2013 February 2014
Total Sold                   46 40
Avg DOM                    73 63
Avg List Price      $660,396 $709,124
Avg Sale Price     $653,461 $695,849
% of SP to LP          99% 98%

 

Market Report Brentwood TN February 2014 Summary

These numbers only pertain to Brentwood single-family homes in Williamson County. Since Brentwood is near the county line, some Brentwood homes reside in Davidson County.

Many statistics in 2014 showed an improvement over 2013. Number of homes sold decreased, probably partly due to the low inventory we’ve been experiencing. The time it took to sell a home (from listing to pending) decreased, average list and sale prices both went up, which all show that the market is improving. Homes are selling for very close to their list price but there is a slightly larger spread compared with February 2013. The market has been gradually improving throughout 2013 and will hopefully continue the trend in 2014.

The home with the lowest price ($289,900) sold in February 2013 was located in Hallbrook and the highest sale ($1,600,000) was located in Annandale

The home with the lowest price ($302,500) sold in February 2014 was located in Chestnut Springs and the highest sale ($2,250,000) was a short sale located in Governors Club and had been on the market for 172 days. 

The number of active listings in Brentwood (37027) increased by 6.4% from the previous month. There are currently 281 single family homes on the market in Brentwood, Williamson County. The average list price today is $890,691. See more details for the Brentwood housing market.

  Active  281 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 1,640 2 1 0 $219,850 $0 0
AVG 4,865 4.46 3.75 1.04 $890,691 $0 70
MEDIAN 4,475 4 4 1 $730,900 $0 37
MAX 14,680 8 7 4 $5,700,000 $0 662

You may want to view previous market reports:

January  2014     December 2013     October 2013     August 2013

Visit my website to search for homes for sale in Brentwood or to be notified when Brentwood homes come on the market. To find out what your home is worth in the current market email me or call 615-504-1185.

You may want to check out these current Brentwood listings with a scheduled Open House.

Market Report Brentwood TN February 2014

 

 

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