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Market Trends
Commentary Provided byShane Powell It is a wonderful time to buy. Prices are lower than in the past and there is more inventory than ever before. Call us today for all your real estate needs. |
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| Report Date | Winter 2010 | ||
| Nearest Metro Area | Nashville | ||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||
| Average Time on Market | More than 120 days | ||
| Market Trend | Increasing | ||
| Housing Inventory | Good supply - Some Prices | ||
| Average Home Price | $450,000 - View Graph Trend | ||
| Best Selling Price Range | $350,000 - $399,000 | ||
| Worst Selling Price Range | $600,000 - $649,000 | ||
| Compared to Last Year | Down 5-10% | ||
| Prices As % of Asking Price | 90-95% | ||
| Multiple Offers? | No | ||
| Greatest Activity | Repeat Buyers | ||
| Buyer Activity for the past 90 days in Brentwood is | Increasing | ||
| Seller Activity for the past 90 days in Brentwood is | Decreasing | ||
| Is Financing Available For Qualified Buyers in Brentwood? | Yes | ||
| Existing Home Prices for the past 90 days are | No Change | ||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||
| Housing Hot Spots | Fountainbrooke, Brenthaven, Courtside at Southern Woods, Governors Club, Hollytree Farms, In a Vale, Hunterwood, Raintree, Forest, Sadlewood, Shadow Creek, Willowmet, Brookfield, Berkley Walk, Concord Crossing, Concord Chase, Concord Hunt, INGLEHAME FARMS, Willowick, Belle Rive, Bonbrook, Brentmeade, Copperstone, Landsdowne, Montclair, Annandale, Hampton Reserve, Magnolia Vale, Lenox Village, Princeton Hills, Sheridan Park, Tuscany Hills, Valle Verde, Windstone and Woodway. | ||
| Reason to Buy/Sell | Job Growth | ||
| Average Sold Price | $450,000 - View Graph Trend | ||
| National Real Estate Market | |||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... | |||
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CONNECT WITH A LOCAL PROFESSIONAL
Shane Powell
Crye-Leike Cool Springs Franklin, Tennessee 615-604-8207 shane@shanepowell.com Agent Home Page
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Brentwood Local News
The Tax Credit is ending! - Wednesday September 16th, 2009 12:09pm
The $8,000 tax credit will be no good if you do not close on a home before November 30th, 2009. Call us today, there is still time!


