Brentwood TN Homes Market Report May 2012 – Sales continue to increase as well as sales prices as the inventory of homes in Brentwood continues to shrink. 78 Brentwood homes closed in the month of May compared to 72 last year, and increase of 10 percent. The median price increased 5 percent from $502,500 to $530,000. The average price increased 21 percent, but that’s because several very expensive Brentwood luxury homes sold.
- The median price of Brentwood TN homes sold in May was $530,000
- the median size of homes sold was 3882 square ft, making the median price per square ft $136.53
- days on market is down to 94
- 88 Brentwood TN homes are currently pending sale or under contingency contract
- 95 Brentwood TN homes are listed in the Nashville MLS as available for purchase
Brentwood TN real estate has become very active, and in some neighborhoods and price ranges, it’s been a sellers market for several months. Brentwood TN homes the the $300,000 to $400,000 price range are usually sold the first few days they hit the market, even if they need a lot of work. Homes in the $400,000 to $500,000 price range may take a week if they are priced accurately. Building lots for homes below $500,000 are almost all gone in Brentwood, and in the near future, the only new homes that will be built will all be over $500,000.
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 Brentwood Tn MLS listings come on the market or price reductions in Brentwood TN are posted.Most of Brentwood Tn is in zipcode 37027
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(all data current as of 9/23/2023)
Listing information deemed reliable but not guaranteed. Read full disclaimer.