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Nashville TN Real Estate - Bradford Hills First Half 2011 Market Report

Nashville TN Real Estate

Bradford Hills First Half 2011 Market Report

Bradford Hills 2011 Market Report

Home sales in 2010 in Bradford Hills were remarkable because of the Tax Incentive that was being offered to stimulate the economy. Now, with no incentive we've seen the market adjust to our new Reality.

2010 2011 Percent Change
Homes Sold 14 7 -50%
Average list Price $202,725 $192,203 -5%
Average Sales Price $195,892.00 $185,549.00 -5.00%
Days on the Market 73 88 21%

Prices are down just 5% and most experts feel that they have finally hit bottom and should be inching back up by spring 2012.

The Bradford Hills Active Listings are already priced closer to 2006 prices. Of the 17 active listings, 3 have home inspection contingencies. 2 of the listings are listed as lender approved Short Sales. Both Short Sale homes are at bargain prices and will probably not stay on the market for very long.

Posted Thursday Jul 14