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Cool Spring Homes Market Report for June 2012 -

Cool Spring Homes Market Report for June 2012 - Cool Springs homes are always in high demand and June was just more of the same good news for Cool Springs sellers, and sometimes frustrating for buyers

• The average price of Cool Spring homes sold was $377,238
• average days on market is down to 77 days
• the average size of homes sold in Cool Springs was 3196 square feet
• 38 homes in Cool Springs are currently pending sale
• 173 Cool Springs homes are currently listed in the Nashville MLS as available for purchase
• the absorption rate for Cool Springs homes is down to 5 months

Cool Springs is part of the City of Franklin in zip code 37067 and is located on both sides of I-65 . Almost everything in Cool Springs is very new and very close to the fine shopping and dining available surrounding the Cool Springs Galleria.

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For the most-up-to-date information on Cool Springs current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Cool Springs MLS listings come on the market or price reductions in Cool Springs are posted.

 

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Green Hills Homes Market Report June 2012

Green Hills Homes Sales Increase 28% in June - right along with the rest of the Nashville real estate market. As anyone would expect, when the number of sales increase, eventually the prices follow, and in this case, the prices of Green Hills homes sold were up 8% compared to June last year. The absorption rate of homes based on June sale now stands at 5.75 months and with only 213 Green Hills homes currently listed in the Nashville MLS, it seems like it might be very difficult for buyers to find a good selection.

• 37 Green Hills homes sold in June compared to 29 last year, and increase of 28 percent
• the average price of homes sold in Green Hills was $669,174 up 8 percent over last year
• 23 Homes in Green Hills are currently pending sale
• 213 homes are listed in the Nashville MLS as available for purchase
• days on market is down to 108
• the list price to sales price ratio is 96%
• the average size of homes sold in Green Hills was 3744 square feet

Ok, that enough with the statistics, here is the real view from a realtor who has buyers looking to purchase homes in Green Hills, affordable homes (under $400,000) are very difficult to find, and when you do find one, it probably needs updating or maintenance. If it's in good move in condition, it will have multiple offers and probably get list price or very close to in within a few days. In the more expensive homes, the frenzy hasn't started yet, and it may not. It's not that the homes aren't selling, they just have fewer potential buyers and not as many offers. Due to the cost of building in Green Hills, I expect price to continue upward for a considerable length of time.
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Nashville Real Estate - Nashville Homes : Brentwood Homes Market Report June 2012

Nashville Real Estate - Nashville Homes : Brentwood Homes Market Report June 2012