$9,499 Closing Credit*
$799,900
2,993 SqFt
3 Beds
•4 Full Baths, 1 Partial
Brianna Morant, Listing Office: Benchmark Realty, LLC
Is Bordeaux, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Bordeaux has remained a Buyer's Market.
Key Takeaway
Bordeaux is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bordeaux, TN
How much do homes in Bordeaux, TN cost?
Median Sold Price
$484,950
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$19,800(-3.9%)
Key Takeaway
Homes in Bordeaux have sold for 3.9% less than they did a year ago.
Summary: The median home sold price in Bordeaux was $484,950 in November 2024, down 3.9% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $418K | - | N/A |
| 2 Bedrooms | $332K | $306K | -7.8% |
| 3 Bedrooms | $510.3K | $455K | -10.8% |
| 4 Bedrooms | $512.5K | $675K | +31.7% |
| 5+ Bedrooms | $677.5K | $330K | -51.3% |
Summary: Bordeaux housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.8%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes increased by 31.7%, and 5+ bedroom homes decreased by 51.3%.
Median Sold Price Compared To Nearby Neighborhoods
| North Nashville | $572.5K | $566.8K | -1.0% |
| Bordeaux | $504.7K | $484.9K | -3.9% |
Housing Supply in Bordeaux, TN
How many homes are available in Bordeaux, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The Bordeaux real estate market had 47 homes for sale in November 2024, a 4.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 25 | 27 | +8.0% |
| 4 Bedrooms | 15 | 11 | -26.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Bordeaux housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bordeaux, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bordeaux in November 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Bordeaux, TN
How long does it take to sell a home in Bordeaux, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 39 Days | -35.4% |
Summary: Homes in Bordeaux had an average of 39 days on market in Nov 2024, down by 35.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bordeaux are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Bordeaux; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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.