Brentwood TN Homes for sale – June 2020 market update – the virus has kept a lot of potential listings off the market and new construction homes are getting sold before they are finished in most cases. But the impact on closings for the month of May was significant with a 52% reduction in closings. If the market conditions had any impact of the price of homes, the statistics did not show it because the year of year prices were up an average per square foot were up 4%. Pending sales are almost even with available properties so it looks like June will be the opposite of May as far as number of closings are concerned.
- 48 Brentwood homes sold in the month of May 2020, that’s a 52% reduction compared to the same month in 2019
- 140 homes are currently under contract waiting to close
- 166 Brentwood homes are listed in the Nashville MLS as available for purchase
- the median size of homes sold was 4227 square feet
- the average days on market for homes sold was 27 days
- the list price to sales price ratio for homes sold in May was 98.5%
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Brentwood is located just south of Nashville in Williamson county and is known for low taxes, great schools, and large lots with mature trees. Access to the best shopping and dining in the area at Cool Springs is just minutes away. We have had a shortage of homes in Brentwood and it’s taking a long time for new construction homes to catch up to the demand. 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.
For the most-up-to-date information on Brentwood TN home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new homes come on the market or price reductions in the Nashville MLS are posted.
Search for Brentwood TN homes for sale here, and call your Brentwood real estate resource Larry Brewer Benchmark realty 615-512-7853
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