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Franklin TN Homes – September 2021

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Franklin TN homes for sale – Franklin TN HomeThe sellers market continues here in Franklin with multiple offers on many new listings first day on the market.

  • 272  Franklin TN homes sold during the month of  August 2021 
  • 140 homes are currently listed for sale making the absorption rate around 2 weeks – a normal market would be 4 to 5 months 
  • 193 homes are currently under contract
  • the median sales price for homes sold during the month of August was $725,000 compared to  $561,338 last year an increase of 29%
  • the median price per square foot for homes sold was $267 compared to $206 for August of 2020 an increase of  29%
  • the average list price to sales price ratio for homes sold in August was 103.52%

According to the national association of realtors, the number of growing households has outpaced the number of homes in the last 10 years by over 5 million. It’s their estimate that we have a need for 5 million new homes at this time to have a balanced market. Ad that to the current political environment driving many businesses and people into middle Tennessee from other states that have a less than favorable environment for business and you have a sellers market that could continue for a long time. The biggest risk would be a significant increase in interest rates that nob0dy expects any time soon.

Search for Franklin TN homes for sale here – information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. View the top Franklin neighborhoods here.

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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(all data current as of 9/22/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Brentwood TN Homes – September 2021 Update

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Brentwood TN HomeBrentwood TN Homes for sale – we are still in a hot sellers market with an absorption rate of less than one month. The median sales price of homes sold during August was $1,202,763. The median price per square foot is now $264 compared to $214 for the same month last year an increase of 23%.

  • 91 Brentwood homes sold during the month of August 2021 compared to 104 for the same month last year
  • 120 homes are currently under contract waiting to close
  • 57 Brentwood homes are listed in the Nashville MLS as available for purchase almost all are under construction.
  • the median size of homes sold was 4020 square feet
  • The average price per square foot of homes sold was $264 compared to $214 for the same period last year, an increase of 23%
  • the median days on market for homes sold was 3 days
  • the list price to sales price ratio for homes sold in August was 103.6%

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. 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.

Search the most popular neighborhoods in Brentwood here

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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(all data current as of 9/22/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Nashville Homes – September 2021

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Nashville real estateNashville homes for sale  and September 2021 market report – Nashville is in a remarkable sellers market that hasn’t let up for many months now. With an inventory level that’s over 38% lower than the same period last year in a lot of cases new listings start bidding wars.

Here are a few of the highlights for Nashville area homes

  • 3479 homes sold in Nashville during August compared to 3638 for the same month last year
  • the median sales price for Nashville homes was $415,000 up from $346,172 last year, an increase of 19.8%
  • the number of available homes for sale dropped 38% to 3321
  • the absorption rate based on August home sales is less than 1 month
  • 550 Nashville condos sold during the month compared to 493 for the same month last year, an increase of 11.5%
  • the median sales price of Nashville condos was $290,400 and increase of 17.5% year over year

 

Search for Nashville Real estate here  

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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(all data current as of 9/22/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Spring Hill Homes – September 2021 Update

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Spring Hill HomeSpring Hill homes are in a sellers market – With most homes getting multiple offers the first day on market. 77 homes sold in August and only 30 homes are currently available for purchase

  • The average price of homes sold in Spring Hill during August increased 22% to $511,549 compared to the same month last year
  • The list price to sales price ratio of sold homes was 103.9% for the month
  • 30 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
  • 119 homes are currently under contract pending sale, most are new homes waiting for completion
  • the average price per square foot for Spring Hill homes sold during the month of August was $207 compared to $157 for the same period last year, an increase of 32%
  • The average days on market is down to 4 days

Inventory levels are extremely low right now and most homes have multiple offers the first day on market, so representing buyers now requires very aggressive tactics. Selling homes to get the most money for sellers is different and legally dealing with multiple offers in a fair way is something that experienced agents are earning their pay.

Homes in Spring Hill TN are now averaging $207 per square foot compared to $292 in Franklin. so the homes are still a significant bargain for Williamson county

Search for Spring Hill TN homes for sale here.

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For the most-up-to-date information on Spring Hill TN homes, 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 Spring Hill listings come on the market or price reductions in Spring Hill TN homes are posted.

To see the new listings at Brixworth Seven click here

information on this page is based on information on Spring Hill real estate in Williamson county 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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(all data current as of 9/22/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Westhaven Homes for Sale – July 2021

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WesthavenWesthaven Homes are still in a hot sellers market  – 32 homes sold during the month of June 2021 and only 10 homes are currently listed and not under contract. The average list price to sales price ratio for June was 105%

  • $327 – the average price per square foot of homes sold during June compared to $239 last year an increase of 37%
  • $977,500 – the median price of homes sold during the month compared to $693,584 last year
  • 105% – the list price to sales price ratio of homes sold during the month
  • 6 – Average days on market for homes sold during the month
  • 44 –  homes are currently pending sale most are under construction
  • 10 –   homes are currently listed in the Nashville MLS but some are under construction

Westhaven homes in Franklin TN have been the one of the most popular neighborhood in Williamson county and all of middle Tennessee for several years.

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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(all data current as of 9/22/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Nashville Real Estate For Sale – July 2021

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Nashville real estate for sale and July 2021 market report – We are still in a hot sellers market with inventory levels at record lows driving up home prices at a rapid rate.

Here are a few of the highlights for Nashville area homes

  • 3746 homes sold in Nashville during June compared to 3478 for the same month last year
  • the median sales price for Nashville homes was $415,000 up from $331,448 last year, an increase of 37.5%
  • the number of available listings dropped 68% to 2831
  • the absorption rate based on June home sales is less than 1 month
  • 631 Nashville condos sold during the month compared to 479 for the same month last year, an increase of 33%
  • the median sales price of Nashville condos was $277,900 and increase of 23% year over year

 

Search for Nashville Real estate here  

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

  • List View
  • Map View

See all nashville.
(all data current as of 9/22/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 
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