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Brentwood Real Estate Market Report October 2013
Brentwood Tn HomeBrentwood Tn Homes sales increased 8% in September of 2013 compared to the previous September with 67 closings in the month. The inventory of Brentwood Tn homes continues to remain at low levels with only 318 Brentwood Tn homes currently listed in the Nashville MLS. With 106 homes already pending sale, expect the prices to continue to increase.
  • 67 Brentwood TN homes sold in June compared to 88 the previous June
  • the median sales price of homes sold was $555,000 compared to $495,00 last year
  • 106 Brentwood TN homes are pending sale
  • 318 Brentwood Tn homes are listed in the Nashville MLS as available for purchase
  • the list price to sales price ratio of Brentwood Tn homes sold in September was 97%
  • the absorption rate of Brentwood Tn homes based on September sales is 4.7 months
  Brentwood Tn homes are now in high demand, and the more affordable homes are moving in days, not weeks. The average prices are moving up because most of the more affordable homes are already sold and builders are not able to find lots in Brentwood at a price that will allow them to build lower priced homes. I expect the average prices for homes in Brentwood to continue to increase for several years as this environment will continue to pressure builders into larger and more expensive properties. The most active neighborhoods in Brentwood for September were

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Brentwood homes for sale

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. Search for Brentwood tn real estate here, or call your Brentwood tn real estate resource Larry Brewer Benchmark realty 615-512-7853    

Published Wednesday, October 16, 2013 6:08 AM by larry Brewer

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