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Winter 2012 Market Update
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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| Average Home Price | $450,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $350,000 - $399,000 |
| Worst Selling Price Range | $600,000 - $649,000 |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Brentwood is | Increasing |
| Seller Activity for the past 90 days in Brentwood is? | Decreasing |
| Multiple Offers? | No |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | Nashville |
| 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. |
| Average Sold Price | $450,000 - View Graph Trend |
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Shane Powell
Benchmark Realty, LLC
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