Brentwood Homes market report for January 2012 – It’s just more of the same for the Brentwood real estate market, the number of homes sold increase from 34 to 45 compared to the previous January, and the average price increase from $566,315 to $645,418. Obviously any increase in sales of 32 percent would make homeowners excited, but it’s not so good for buyers.
Buying an affordable Brentwood home is changing quickly. As you can see, the average sales price of Brentwood homes increased by 14 percent. That doesn’t mean that the same house is 14 percent more expensive, it means that the more affordable homes have disappeared, and people are buying homes that cost more. The average size of Brentwood homes sold increase from 4200 square feet a year ago to 4363 square feet last month. 77 Brentwood homes are currently pending and only 370 are listed in the Nashville MLS as available for purchase, and 54 of those are under contract. The Brentwood real estate market is getting lively.
- 45 Brentwood homes sold in January compared to 34 last year
- Brentwood homes averaged $645,418 last month compared to $566, 315 last year
- Days on market was only 88 days
- 77 Brentwood homes are currently pending sale with another 54 under contengency contract
- 370 Brentwood homes are currently listed in the Nashville MlS as available for purchase, but 54 of those are under contract and 19 Brentwood homes that are listed are new and propably not completed yet,
- the absorption rate of Brentwood homes based on January sales and availability of homes not under contract is 7 months
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For the most-up-to-date information on Brentwood current 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 Brentwood MLS listings come on the market or price reductions in Brentwood are posted.
Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Brentwood foreclosures or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.
information on this page is based on information on single family homes for sale in Brentwood per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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(all data current as of 3/30/2020)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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