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 May 2023
At the same time last year, Bordeaux / White's Creek was a Seller's Market.
Key Takeaway
Bordeaux / White's Creek is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bordeaux / White's Creek, TN
How much do homes in Bordeaux / White's Creek, TN cost?
Median Sold Price
$420,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bordeaux / White's Creek have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Bordeaux / White's Creek was $420,000 in May 2024, up 3.1% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $418K | - | N/A |
| 2 Bedrooms | $307.7K | $300.5K | -2.4% |
| 3 Bedrooms | $390K | $399.9K | +2.5% |
| 4 Bedrooms | $570K | $545K | -4.4% |
| 5+ Bedrooms | $500K | $539K | +7.8% |
Summary: Bordeaux / White's Creek housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 4.4%, 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 235 | 238 | +1.3% |
Summary: The Bordeaux / White's Creek real estate market had 238 homes for sale in May 2024, a 1.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 26 | 19 | -26.9% |
| 3 Bedrooms | 119 | 120 | +0.8% |
| 4 Bedrooms | 85 | 89 | +4.7% |
| 5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The Bordeaux / White's Creek housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 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. 44.1% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Bordeaux / White's Creek in May 2024, down by 2.9% month-over-month. Of the 34 sold homes, 44% were sold under asking, 32% were sold at asking, and 24% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 29 Days | 38 Days | +30.2% |
Summary: Homes in Bordeaux / White's Creek had an average of 38 days on market in May 2024, up by 30.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
4 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 May 2024, 34 homes were sold in Bordeaux / White's Creek; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% 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.