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Brentwood TN Home Market Update May 2023

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Closings in Brentwood have slowed significantly due to the much higher interest rates but prices have not been impacted as much as some would think with the average price per square foot almost the same as April of 2022.

  • 45 Brentwood TN homes sold during the month of April 2023 compared to 57 for the same month last year and 90 in April of 2021
  • 106 homes are currently under contract waiting to close
  • 139 Brentwood homes are listed in the Nashville MLS as available for purchase.
  • the median size of homes sold in April was 3948 square feet
  • The median price per square foot of homes sold was $336 compared to $334 for the same period last year
  • the median days on market for homes sold was 4 days
  • the list price to sales price ratio for homes sold in April was 98%

Search for Brentwood TN homes for sale here

Brentwood is located just south of Nashville in Williamson county and is known for low taxes, great schools, and large lots with mature trees. Many of the homes are Brentwood are luxury homes of the highest caliber with large lots and quick access to convenient shopping and dining.  If you want a new home in Brentwood, give me a call, I can help you find the right builder and neighborhood to meet your needs.

information on this page is based on information on Nashville real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

 

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Comments(1)

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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Brentwood, TN seems like a very attractive neighborhood. And...much sought after with only 4 days on the market. Buyers better be ready to pull the trigger when they find a Brentwood home that they like.

May 26, 2023 12:07 PM