Faith Knight - Berkshire - October 2018

FAITH KNIGHT REALTOR

BERKSHIRE

640 Grassmere Park, Suite 112 Nashville, TN 37211

®

615-944-0099 faith.renee.knight@gmail.com www.LiveInBerkshire.com

OCTOBER 2018 REAL ESTATE MARKET REPORT

4 MORE BUYERS

Buyers who didn’t find their dream home in the spring are still looking.

Appeal to those looking to close by the end of 2018!

REASONS TO LIST YOUR HOUSE THIS FALL

LOW I N V E N T O RY

Fall brings with it a lower inventory of homes for sale.

With less competition, you could sell faster and for more!

NATURAL S TA G I N G

Decorating with the season’s sights and smells helps buyers visualize themselves living in a cozy and comfortable home.

INCREASED SALE PRICE

Lower inventory and serious buyers may bring more money to your wallet!

JOHNATHAN AND ANGELA-MARIE, I am here to help you take advantage of the fall season. Call me today to receive a FREE, NO-OBLIGATION home assessment.

FAITH KNIGHT | 615-944-0099 | www.LIVEINBERKSHIRE.com

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | © 2018

Follow me at: Facebook.com/FaithKnightSells

PREPARED ESPECIALLY FOR Johnathan and Angela-Marie Williams PRESENTED BY FAITH KNIGHT Your Berkshire Real Estate Specialist & Neighbor www.LiveInBerkshire.com

FAITH KNIGHT

BERKSHIRE

REALTOR®

615-944-0099 faith.renee.knight@gmail.com www.LiveInBerkshire.com

REAL ESTATE MARKET REPORT

BERKSHIRE

JOHNATHAN AND ANGELA-MARIE, If you want to know what your home would sell for in today’s market, contact me today at 615-944-0099.

MONTH-TO-MONTH SALES TRENDS 2018

BERKSHIRE HOMES CURRENTLY LISTED STATUS

Homes Sold

$250K

Average Days on Market

Average SP/LP

52

60 40

$323,025

$300K

$351,178

$350K

$324,617

9

$367,172

9

8

$400K

13

$335,662

14

12

$346,723

15

$312,514

20 15 10 5 0

Average Sold Price

37

28

23

15

20

46 32

0

101% 100% 99% 98% 97%

99.3%

99.7%

100.2% 99.1%

STREET NAME

SUBDIVISION

PROPERTY STYLE

BEDS

TOTAL BATHS

ESTIMATED SQUARE FEET *

YEAR BUILT

LIST PRICE

Active

Stockwell Drive

Berkshire

N/A

4

3.0

3,100

2014

$384,900

Active

Timber Creek Drive

Berkshire

N/A

6

4.0

3,100

2013

$384,900

Active

Middlebury Drive

Berkshire Sec 1

N/A

3

3.0

2,800

2003

$300,000

Active

Saint Ives Drive

Berkshire Sec 2

Contemporary

5

2.5

2,300

2003

$327,900

Active

Cavendish Drive

Berkshire Sec 3

Traditional

4

3.5

3,900

2003

$489,900

Active

Roxbury Drive

Berkshire Sec 4

N/A

4

3.0

2,800

2004

$313,000

Active

Dunraven Drive

Berkshire Sec 4

N/A

4

3.5

3,500

2004

$429,900

Active

Saint Ives Court

Berkshire Sec 7

Contemporary

4

3.5

3,600

2006

$449,900

Active

Cavendish Drive

Berkshire Sec 8

N/A

4

3.0

3,300

2006

$489,000

Active

Saint Ives Drive

The Villages

Cottage

4

3.5

2,900

2018

$379,764

Active

Saint Ives Drive

The Villages

Traditional

4

3.5

2,900

2018

$401,514

99.7%

THERE ARE CURRENTLY 10 BERKSHIRE HOMES PENDING

98.6%

98.3%

For more information on any of these homes, please call 615-944-0099.

BERKSHIRE HOMES SOLD IN THE LAST 45 DAYS Median Sold Price $296,579

$310,000

$313,815

$356,050

$348,400

$319,668

ADDRESS

SUBDIVISION

PROPERTY STYLE

BEDS

TOTAL BATHS

ESTIMATED SQUARE FEET*

YEAR BUILT

LIST PRICE

SOLD PRICE SOLD DATE

Sold

2114 Olmstead Court

Berkshire

N/A

4

3.5

2,600

2006

$299,000

$290,500

Sold

1108 Stockwell Drive

Berkshire

Traditional

5

3.0

2,600

2018

$349,900

$354,900

07/27/18

Sold

5523 Middlebury Drive

Berkshire Sec 1

Traditional

3

3.0

2,800

2003

$299,000

$290,000

08/04/18

$120

Sold

1414 Chopin Court N

Berkshire Sec 1

N/A

4

3.0

3,000

2002

$309,900

$310,000

07/27/18

$115

Sold

5445 Cavendish Drive

Berkshire Sec 3

Contemporary

4

3.5

3,600

2004

$449,900

$450,000

08/17/18

Sold

5407 Saint Ives Drive

Berkshire Sec 4

N/A

4

3.0

3,100

2004

$399,500

$396,000

07/31/18

Sold

1331 Chopin Court S

Berkshire Sec 4

Traditional

3

2.5

2,100

2004

$254,900

$255,000

07/27/18

Sold

5353 Sherrington Road

Berkshire Sec 5

N/A

4

5.5

4,300

2004

$499,000

$472,500

07/26/18

Sold

5343 Middlebury Drive

Berkshire Sec 6

Contemporary

4

3.5

3,400

2006

$369,900

$361,000

08/08/18

Sold

5347 Cavendish Drive

Berkshire Sec 8

N/A

5

4.5

4,300

2006

$499,999

$497,000

07/31/18

Sold

1249 Avery Drive (Lot #81)

Enclave

Traditional

3

2.5

2,300

2018

$306,749

$306,749

08/22/18

Sold

6023 Enclave Drive (Lot #70)

Enclave

Traditional

3

2.5

1,800

2018

$269,060

$269,060

08/15/18

Sold

6034 Enclave Drive (Lot #93)

Enclave

Traditional

3

2.5

2,200

2018

$296,579

$296,579

08/10/18

Sold

6026 Enclave Drive (Lot #95)

Enclave

Traditional

3

2.5

2,200

2018

$308,524

$308,524

07/31/18

Sold

6030 Enclave Drive (Lot #94)

Enclave

N/A

3

2.5

2,200

2017

$261,540

$261,540

07/27/18

Sold

1112 Stockwell Drive

The Villages

N/A

4

4.0

2,700

2015

$359,900

$349,900

08/10/18

Sold

1312 Blackpool Court

The Villages

N/A

4

3.5

3,500

2010

$435,000

$435,000

07/27/18

Sold

1522 Dewsbury Drive

Winslow Park

Traditional

3

2.5

2,300

2008

$280,000

$276,000

08/30/18

Sold

1510 Dewsbury Drive

Winslow Park

Contemporary

4

2.0

2,200

2008

$286,500

$286,500

08/03/18

$130

$294,429

$400K $300K $200K $100K $0

STATUS

Average Price Per SqFt $125

$129

$128 $128 $121

$127 $121 $121

Data based on listings from the FlexMLS from January 1st to September 4th 2018. Information deemed accurate but not guaranteed.

Do Yo u Kn o w Yo ur Hom e 's Tr u e Va l u e ?

Johnathan and Angela-Marie,

Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Faith, your Berkshire real estate specialist.

You will not be contacted with any other solicitation.

www.LiveInBerkshire.com

08/24/18

Faith Knight and RE/MAX Masters are not in any way affiliated with Berkshire Home Owners Association, nor is this in any way an official advertisement or publication of Berkshire. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to REALTRACS from July 21st, 2018 to September 4th, 2018. Listings and sales may not be those of Faith Knight. The National Association of Realtors® and REALTRACS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. *Estimated square feet rounded to nearest hundred.