Sunday, August 16, 2015

Luxury Homes In Nashville August 2015

Nashville Real Estate - Nashville Homes : Luxury Homes In Nashville August 2015Nashville Luxury HomeNashville luxury homes for sale and August 2015 market report - 59 Nashville luxury homes sold during the month of July 2015, compared to 45 during July of 2014, an increase of 31%. The median sales price of Nashville luxury homes was $1,286,000, and the average size of luxury homes sold was 6448 square feet
  • 470 Nashville luxury homes are listed in the Nashville MLS
  • 36 Nashville million dollar homes are currently pending sale
  • The absorption rate for Nashville luxury homes based on May sales and current inventory is down to 8 months
  • the median list price to sales price ratio for luxury homes during July was 93%
The breakdown for neighborhoods with Nashville luxury homes that sold in July are
The best luxury homes in the million dollar and over price range are now getting a lot of activity and it looks like this will be the best year for luxury home builders in many years. It's probably no surprise to some that during the summer months we start to see sales of homes on the lake in Hendersonville and Gallatin, since Old Hickory is the only lake in the area with personal boat docks.



Find your Nashville luxury home here

Nashville Luxury Homes for sale
For the most-up-to-date information on Nashville 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 Nashville MLS listings come on the market or price reductions in Nashville are posted.

 

 
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Wednesday, August 12, 2015

Franklin TN Real Estate for Sale - August 2015

Franklin TN Real Estate for Sale - August 2015Franklin Tn real estate for sale and August 2015 market update - 240 Franklin Tn homes closed during the month of July compared to 261 for the same month in 2014, a reduction of 9% year over year, mostly caused by a shortage of available homes. The median price Franklin TN real estate sold during the month was $443,786 compared to $406,915 for June of 2014, an increase of 9%. The absorption rate based on July sales and the current inventory is 3 months, and the median days on market is only 47 days. Franklin TN real estate in a sellers market with many of the better homes getting multiple offers the first day on market, and a good buyers agent is critical to having a chance to compete for the better homes.
  • the median list price to sales price ratio for Franklin Homes in July was 100%
  • 331 Franklin homes are pending at this time
  • 731 Franklin homes are currently listed in the Nashville MLS as available for purchase, but most are already under contract
  • the absorption rate based on July sales is 3 months
The top Franklin Tn neighborhoods for the month of July based on sales were
Search for Franklin TN real estate for sale here


 

For the most-up-to-date information on Franklin TN real estate values, then we urge you to contact us. We can assist you with all aspects of buying or selling homes in Franklin and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin real estate comes on the market or price reductions in Franklin TN real estate is posted.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area
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