Brentwood TN Real Estate
Compared to February of 2007, the single family residential closings decreased 37 percent and the median price increased by 4 percent. Compared to 2006, the median home prices have increased by 27 percent. Condominiums closings have decreased by 25 percent and the median price increased by 19 percent. The average days on market (DOM) for residential homes has increased by 14 days and condominiums have remained consistent. The median is a typical market price where half of the homes sold for more and half sold for less.
February 2008
| Closings | Median Price | Average Price | DOM | |||
| Residential | 163 | $ 387,000 | $ 439,578 | 77 | ||
| Condominium | 27 | $ 215,000 | $ 232,452 | 60 | ||
February 2007
| Closings | Median Price | Average Price | DOM | |||
| Residential | 260 | $ 371,118 | $ 432,966 | 63 | ||
| Condominium | 36 | $ 180,652 | $ 220,079 | 61 | ||
February 2006
| Closings | Median Price | Average Price | DOM | |
| Residential | 296 | $ 304,900 | $ 390,915 | 53 |
| Condominium | 29 | $ 157,500 | $ 174,386 | 22 |
*Courtesy WCAR*
Vanessa Stalets
Brentwood TN Real Estate
RE/MAX Elite
615-957-6333/615-661-4400
