Brentwood TN Real Estate Market Report for Chestnut Springs - Spring 2009
Sales of Homes in Chestnut Springs have basically doubled this year. There are 5 closed to date and one pending. The time on the market has increased by almost 100 days and the prices are down 7% on average.
What we're seeing is that the lower priced homes have started to move and the upper end continues to sit on the market. The 7% decrease in price is high for Brentwood TN home sales, where the average has stayed below 4%.
| Address | BR | Sq Ft | List Price | SP/SF | Sales Price | Closed | DOM |
| 1525 CHESTNUT SPRINGS | 3 | 2,004 | $319,900 | $154.69 | $310,000 | 1/31/2008 | 21 |
| 1524 GESSHE CT | 3 | 2,004 | $323,000 | $154.69 | $310,000 | 2/29/2008 | 162 |
| 9703 NORTHFORK | 4 | 2,446 | $339,900 | $135.53 | $331,500 | 3/20/2008 | 55 |
| 3.33 | 2,151 | $327,600 | $147.45 | $317,166 | 79 | ||
| Address | BR | Sq Ft | List Price | SP/SF | Sales Price | Closed | DOM |
| 9723 NORTHFORK DR | 3 | 1,893 | $287,000 | $139.99 | $265,000 | 5/19/2009 | 191 |
| 9760 JUPITER FOREST | 4 | 1,981 | $296,500 | $143.87 | $285,000 | 5/22/2009 | 295 |
| 1527 CHESTNUT SPRINGS | 3 | 2,286 | $309,900 | $133.20 | $304,500 | 4/24/2009 | 181 |
| 1511 KEMAH CT | 3 | 2,257 | $310,000 | $136.91 | $309,000 | 4/27/2009 | 140 |
| 9713 NORTHFORK DR | 3 | 2,265 | $317,900 | $136.87 | $310,000 | 3/18/2009 | 64 |
| 3.2 | 2,136 | $304,260 | $137.97 | $294,700 | 174 |
The Nashville TN Real Estate market has begun to pick up in the past few months. First time homebuyers are starting to act on the $8000 Tax Credit being offered. As the lower priced inventory sells, many of those homeowners will be moving up in price. Already we're seeing multiple offers on well priced properties in good condition.
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Connie Harvey is a Realtor with Prudential Woodmont Realty Group. She helps Buyers and Sellers with Real Estate in Nashville TN, Brentwood TN, Franklin TN and the surrounding areas.
Contact information:
888-798-7800 x 1300
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I have been selling Real Estate in Middle Tennessee since 1995. I specialize in the Nashville area, including Franklin TN, Brentwood TN, SpringHill TN and Nolensville TN all in Williamson County.
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