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blog updated 4/4/2022
One Bent Creek home sale closed last week, bringing the March 2022 tally to four neighborhood homes sold.
Three of them brought extraordinary selling prices, closing anywhere from $75,000 to $97,010 above asking-price.
There are eleven pending contracts right now in Bent Creek, and we are gearing up for spring selling season.
A big question mark, though, is what effect (if any) rising mortgage interest rates will have on the market moving forward. I would not be surprised if we notice a change in the months ahead. The Fed is eyeing another interest rate hike in May, and I wouldn’t be surprised if we see the marketplace begin leveling off.
Want a more detailed perspective on what’s happening in our neighborhood, Nolensville, or Greater Nashville? Give me a call! I’m at your service. 615.500.6393
1 NEW BENT CREEK LISTING LAST WEEK
1 BENT CREEK CLOSINGS LAST WEEK
506 Dante Ranch Lane – List Price: $665,000 | Sold Price: $655,000
This page will be updated weekly with key Bent Creek real estate data. Further down the page, you can also check out what’s currently listed for sale on MLS right here in the neighborhood.
NEIGHBORHOOD SALES STATS
Want to know what a particular home in our neighborhood sold for regardless of date? Email me at email@example.com for a report.
BENT CREEK 2021 REAL ESTATE SALES FINAL STATS:
Bent Creek total 2021 sales: 50 (down 32.43% year over year)
Bent Creek 2021 median sales price: $538,950 (up 16.34% year over year)
Bent Creek 2021 median sold price/sf: $200 (up 20.48% year over year)
Bent Creek 2021 average days on market: 3 (down 17 days)
Bent Creek 2021 average Sales-Price-to-List-Price Ratio: 103.32%
Bent Creek 2021 lowest closing price: $355,000
Bent Creek 2021 highest closing price: $775,000
A little, shameless, self-promotion here: I sold 7 Bent Creek listings in 2021 and my average Sales-Price to List-Price ratio was 104.96%. If you remove my 7 listings from the formula and evaluate the other 43 sales in the neighborhood, the neighborhood Sales-Price to List-Price ratio becomes 103.05%.
Listing with me in 2021 meant earning an additional 1.91% in seller-proceeds than listing with another agent, on average. At a median sales price of $538,950… the extra 1.91% translates into earning $10,293.95 more with me than another listing agent. Want to make more money on your home sale in 2022? Call me at 615-500-6393 or email me!
SCHEDULE A NO-COMMITMENT, HOME PRICE EVALUATION:
Does Zillow know about the kitchen renovations you made last year? Can Trulia tell the difference between a custom-built Bent Creek home and one built by a national builder? No computer algorithm truly understands what makes your home unique, that’s why you need to speak with a neighborhood real estate expert who has closed more than 40 Bent Creek homes!
I have earned the Pricing Strategy Advisor certification – additional education specifically geared toward making me your home pricing expert!
I am also a designated Seller Representative Specialist (SRS) with specialized training in helping homeowners sell their homes for the most money in the least amount of time!
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CURRENT SUPPLY OF BENT CREEK HOMES:
The above illustrates how many months of housing inventory are currently available in Bent Creek and Nolensville (Williamson County addresses). This includes under contract sales that are listed as “still showing, accepting back-up offers”.
A normal/balanced supply of housing inventory is considered to be six months worth, meaning neither buyers nor sellers are at an advantage and there is enough supply that it would take six months for everything currently available to sell.
Less than six month’s supply is considered a seller’s market, and greater than six month’s supply is considered a buyer’s market.