Brentwood TN Real Estate November 2011

Brentwood TN Real Estate November 2011

Sales were up just 1/2 of a percent in November compared with the November sales in 2010. The number went from 40 closings in 2010 to 42 in 2011.

The Average List Price went from $620,128 to $707,107 up 14%.

The Average Sales Price increased from $587,054 to $669,733 also up 14%.

Brentwood TN Real Estate has floundered somewhat the past couple of years.

There has been an up-turn of the higher end properties selling. This is the main reason for the steep increase in prices.

We looked at the median sales price, the numbers went from $528,750 to $589,874. This was still a 12% increase.

The average days on the market are down from 111 to 103. This is a great sign for sellers as we head back into the spring market in the next few months.