Is Breeze Hill, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Breeze Hill has remained a Seller's Market.
Key Takeaway
Breeze Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Breeze Hill, TN
How much do homes in Breeze Hill, TN cost?
Median Sold Price
$904,000
$403/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Breeze Hill have sold for 24.7% less than they did a year ago.
Summary: The median home sold price in Breeze Hill was $904,000 in April 2024, down 24.7% from last year, and the median price per square foot was $403.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $550K | $453K | -17.6% |
| 3 Bedrooms | $921.2K | $757.5K | -17.8% |
| 4 Bedrooms | $1.2M | $1.3M | +3.9% |
| 5+ Bedrooms | $1.7M | $1.4M | -15.9% |
Summary: Breeze Hill 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 17.6%, 3 bedroom homes decreased by 17.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Melrose | $489.5K | $764.5K | +56.2% |
| Green Hills / Midtown | $953.3K | $986.4K | +3.5% |
| Sunnyside | $1.3M | $1.3M | -0.9% |
| Breeze Hill | $1.2M | $904K | -24.7% |
Housing Supply in Breeze Hill, TN
How many homes are available in Breeze Hill, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 13 | +62.5% |
Summary: The Breeze Hill real estate market had 13 homes for sale in April 2024, a 62.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Breeze Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Breeze Hill, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Breeze Hill in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Breeze Hill, TN
How long does it take to sell a home in Breeze Hill, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 3 Days | 12 Days | +261.9% |
Summary: Homes in Breeze Hill had an average of 12 days on market in Apr 2024, up by 261.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Breeze Hill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Breeze Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.