Brentwood Luxury Homes Report 2014

Brentwood Luxury Homes – 2014 was another year for luxury home sales in Brentwood with 267 homes selling for over $750,000. That’s an increase of 19% over the 225 homes that sold in the same price range last year. This is truly dream home world with the average size of homes sold in this price range being 5675 square feet with 5 bedrooms and 4 full baths, and that’s just the average. The most expensive Brentwood luxury homes sold was a new 11,000 square foot home in Annandale that was built by Grove park construction and sold for $3,500,000. The largest home sold was 14,000 square feet that sold in the Governors Club for $2,450,000.

At this time, 51 Brentwood luxury homes are pending sale, most are still under construction, and with 25 closings in this price range for the month of December and only 115 available for purchase. The absorption rate for Brentwood luxury homes is down to 4 months, making it a sellers market. At the rate sales are going, and the shrinking availability of building lots, you can expect prices to continue to rise

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For the most-up-to-date information on Brentwood Luxury 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 Luxury homes come on the market or price reductions are posted.