Is Bordeaux / White's Creek, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bordeaux / White's Creek was a Seller's Market.
Key Takeaway
Bordeaux / White's Creek is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bordeaux / White's Creek, TN
How much do homes in Bordeaux / White's Creek, TN cost?
Median Sold Price
$421,778
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bordeaux / White's Creek have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Bordeaux / White's Creek was $421,778 in April 2024, up 4.1% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $418K | - | N/A |
| 2 Bedrooms | $321.5K | $287.5K | -10.6% |
| 3 Bedrooms | $385K | $402.5K | +4.5% |
| 4 Bedrooms | $547.5K | $578.7K | +5.7% |
| 5+ Bedrooms | $500K | $539K | +7.8% |
Summary: Bordeaux / White's Creek housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 7.8%.
Housing Supply in Bordeaux / White's Creek, TN
How many homes are available in Bordeaux / White's Creek, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 220 | 237 | +7.7% |
Summary: The Bordeaux / White's Creek real estate market had 237 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 23 | 26 | +13.0% |
| 3 Bedrooms | 117 | 121 | +3.4% |
| 4 Bedrooms | 72 | 82 | +13.9% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Bordeaux / White's Creek housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 33 | -5.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bordeaux / White's Creek, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Bordeaux / White's Creek in April 2024, down by 5.7% month-over-month. Of the 32 sold homes, 44% were sold under asking, 25% were sold at asking, and 31% were sold over asking.
Days on Market for Bordeaux / White's Creek, TN
How long does it take to sell a home in Bordeaux / White's Creek, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 30 Days | -22.9% |
Summary: Homes in Bordeaux / White's Creek had an average of 30 days on market in Apr 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bordeaux / White's Creek are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in Bordeaux / White's Creek; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.