Chestnut Bend 3rd Quarter 2011 Market Report
Sales have been steady in Chestnut Bend this year compared to 2010. In just the third quarter, there were 2 sales in 2010 and 3 in 2011. Spread out over the year to date months they have remained the same.
| 2010 | 2011 | Percent Change | |
| # of Homes Sold | 6 | 6 | 0% |
| Average list Price | $453,450 | $433,049 | -4% |
| Average Sales Price | $429,166 | $419,650 | -2% |
| Days on the Market | 54 | 105 | 95% |
The Average List and Sale prices are down a bit, but the Sales Price per Square Foot is actually up 1 1/2%! This is good news in our economy!
Chestnut Bend currently has 4 homes on the market as active. One of these shows an Inspection Contingency. With 3 homes available, there is approximately a 4 1/2 month supply of inventory. Going into the holidays, this is a stable number of properties available.
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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