Brentwood TN Homes for sale – April 2020 market update – Brentwood homes are still in a sellers market, 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. The average price on homes sold in Brentwood was $964,244 and the average price per square ft was $206 an increase of 5.6% in the last 12 months
- 59 Brentwood homes sold in the month of March 2020, that’s only a 6% reduction compared to the same month in 2019
- 86 homes are currently under contract waiting to close
- 146 Brentwood homes are listed in the Nashville MLS as available for purchase
- the absorption rate of based on March sales and current inventory is 3 months
- the average size of homes sold was 4652 square feet
- the average days on market for homes sold was 38 days
- the list price to sales price ratio for homes sold in March was 99%
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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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(all data current as of 7/11/2020)
Listing information deemed reliable but not guaranteed. Read full disclaimer.