Brentwood Homes Sales Market Report for December 2011 . Home Sales increased again to 59 closings compared to 57 last year bringing the absorbtion rate to 5.2 months still within the range of what most consider a balanced market. My opinion is that we are rapidly moving to a sellers market since the inventory levels are shrinking every month and the demand appears to be increasing. The median price of Brentwood homes sold increased from $534,000 last year to $560,240 this year, a 5 percent increase, a sure sign that the market is changing.
For buyers who have been waiting for the best deals, you probably waited too long, but it’s not going to get any better in the near future. the list price to sales price ration for Brentwood homes in December was 96.6%. With 108 Brentwood homes currently under contract, and only 240 completed homes available for purchase, it leaves buyers with a small selection to pick from. I would suggest finding a buyers agent quickly.
- The median price for Brentwood homes sold in December was $560,240 compared to $534,000 last year
- 59 Brentwood homes sold in December compared to 57 last year
- the median size of homes sold in Brentwood was 4131 square feet compared to 3820 square feet last year
- 72 Brentwood homes are currently pending
- 36 Brentwood homes are currently under contengency contracts
- 307 Brentwood homes are currently listed in the Nashville MLS as available for purchase, but 68 of these are under construction
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information on this page is based on information on single family homes for sale in Brentwood subdivision in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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