About Brentwood's Chenoweth

Brentwood TN Real Estate

Chenoweth 2011 Market Report

The Brentwood TN Real Estate Market showed an increase in overall sales in 2011 compared to 2010. Prices on fell on average 2% this past year which indicates that the market is beginning to stabilize.

Chenoweth may have seen a decrease in sales instead of the increase seen elsewhere, but their prices were only down 1%.

With only 4 homes currently for sale in Chenoweth, the absorption rate is down to a 4 month supply of homes for sale.

The Nashville TN Real Estate market reported that sales were up 1.8% in Middle Tennessee compared to 2010. The last quarter showed a 18% increase in sales compared to the same quarter for 2010.

The current outlook for 2012 is for sales to continue to increase in a steady fashion.

Brentwood TN Real Estate

Chenoweth Fall 2011 Market Report

Chenoweth Sales have held steady in the Third Quarter of 2011 compared to those of 2010.

The Average Sales Prices show them down 3% but the actual Price per Square Foot increased 1.5% in the 3rd Quarter compared to the same time in 2010! The Price/Sqft was $122 in 2010 and increased to $123.77 in 2011!

Chenoweth has 5 properties for sale, one with an Inspection Contingency and one Pending Sale.

This leaves less than a 3 month supply of inventory!

If our market continues along this course, we may see real recovery here in Middle Tennessee in 2012!

Brentwood TN Real Estate

Chenoweth 2011 6 Month Market Report

The number of closings in Chenoweth is down by almost half in the first 6 months of 2011 compared to the same time in 2010.

At first glance, it appears that the prices are also down by 3%. Looking closer at the actual sales, the average Sales Price/Square Foot is actually up 4% this year.

This is great news in this economy!

Chenoweth is ideally situated between Edmondson Pike and Concord Road. Its easy access to Brentwood, Cool Springs and Downtown make it an ideal location for commuting.

The Brentwood TN Real Estate market report for the same time period shows the sales down only 1% and the prices are down, but less that 1%.

Comparing these numbers to the Middle TN Real Estate market in general where sales are off almost 11% and prices have decreased almost 5%. Much of that is due to the Tax Incentive offered in 2010.

Chenoweth currently has 8 homes on the market which is a 12 month supply. It's a little higher inventory that is seen in other parts of Williamson County where there are actually areas with low inventory.

Brentwood TN Real Estate

Chenoweth 2011 First Quarter Market Report

First quarter sales were down a good bit in Chenoweth. In 2010, 4 properties sold in the First Quarter with an average sales price of $561,225.

As of April 1 2011, no homes had sold. There was one Pending property, listed at $689,900.

The reason for the huge price difference is that the pending home is 6338 Square Feet and the properties that sold in 2010 averaged 4538 sqft. The pending home has since closed with a sales price of $635,000. This property was on the market for 144 days. The homes that sold in 2010 averaged just 97 days.

Currently there are 5 homes on the market with an average List Price of $559,160 and average size of 4090sqft. these homes have been on the market for an average of just 49 days.

Chenoweth is still a very attractive choice of neighborhood in the western side of Brentwood TN. It's just off Concord Road at Edmondson pike which makes it very accessible to Nashville, Nolensville, Cool Springs and of course downtown Brentwood.

Chenoweth Brentwood TN

Chenoweth Brentwood TN is an established neighborhood located in the heart of Brentwood in Williamson County. Just a couple of miles from I65 off Concord Rd, Chenoweth is close to just about everything.

The homes were built in the late 80's and early 90's and sit on extra large lots. Prices range anywhere from around $500k-$700k and home sizes range anywhere from 3500SF to over 6000SF. Most of the homes have been updated and would rival many new builder's touches today.

Chenoweth features a clubhouse, pool, tennis, courts, and walking trails. Although the neighborhood is within minutes to downtown Brentwood and Historic Franklin, the feeling is nothing but seclusion.

If you would like to know more information about Chenoweth in Brentwood TN then please contact us. Our team would also like the opportunity to list your home if you are thinking of selling. We will market your home in a way that no other agents can.

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