Brentwood TN Homes – March 2017

Brentwood TN Homes – March 2017

Home sale in Brentwood are very active with 44 closings during the month of February, that’s a 51% increase over February of the previous year. As you would expect in a sellers market, prices are rising with the average price per square foot of sold homes at $179 compared to $164 for the same period last year. The absorption rate based on current inventory and February sales is 5 months.

• 59 Brentwood TN homes are currently under contract waiting to close
• 210 Brentwood homes are listed in the Nashville MLS as available for purchase
• the absorption rate of based on February sales is 4 months
• the average size of homes sold was 4,239 square feet
• the average days on market for homes sold was 86 days
• the list price to sales price ratio for homes sold in February was 98%

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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.

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For the most-up-to-date information on Brentwood TN real estate 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 TN real estate resource Larry Brewer Benchmark realty 615-512-7853

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(all data current as of 9/23/2023)

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