Brentwood Homes November 2013

Brentwood Tn Home prices on average 18% in October compared to the previous October. The amount of closings is down slightly for the first time this year to 63 compared to 67, but that might be due to lack of inventory. With only 295 Brentwood Tn homes listed in the Nashville MLS and 76 of those are already under contract or still under construction, leaving just 219 available home.

• 63 Brentwood TN homes sold in October compared to 67 the previous October
• the median sales price of homes sold was $639,500 compared to $500,000 last year
• 112 Brentwood TN homes are pending sale
• 295 Brentwood Tn homes are listed in the Nashville MLS as available for purchase
• the list price to sales price ratio of Brentwood Tn homes sold in October was 97.6%
• the absorption rate of Brentwood Tn homes based on September sales is 4.7 months

 

Brentwood Tn homes are now in high demand, and the more affordable homes are moving in days, not weeks. The average prices are moving up because most of the more affordable homes are already sold and builders are not able to find lots at a price that will allow them to build lower priced homes. I expect the average prices for homes in Brentwood to continue to increase for several years as this environment will continue to pressure builders into larger and more expensive properties.

The most active neighborhoods in Brentwood for September were

• Annandale with 2 closings
• BonBrook with 2 closings
• Brenthaven with 3 closings
• Chestnut Springs with 4 closings
• Elmbrooke with 2 closings
• Glenellen with 2 closings
• Governors Club with 3 closings
• Princeton Hills with 4 closings
• Southern Woods with 2 closings
• Whetstone with 2 closings
• Windstone with 2 closings
• Woodlands at Copperstone with 2 closings

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Brentwood is located just south of Nashville in Williamson county and is known for low taxes, great schools, and large lots with mature trees. Access to the best shopping and dining in the area at Cool Springs is just minutes away. Search for Brentwood tn real estate here, or call your Brentwood tn real estate resource Larry Brewer Benchmark realty 615-512-7853

 



 

Nashville Luxury Homes November 2013

Nashville Real Estate - Nashville Homes : Nashville Luxury Homes November 2013[caption id="attachment_9310" align="alignright" width="300"] Nashville home in Brentwood[/caption]

Nashville luxury homes report November 2013 - 80 homes sold at a price above $750,000 during the month of October. That's an increase of 45% over October of 2012. The average price Nashville luxury homes sold during the month was $1,155,245 an increase of 7% during the last 12 months.

• 80 Nashville luxury homes sold in the month of October, compared to 55 last year
• the average sales price of Nashville luxury homes listed for more than a $750,000 was $1,155,245
• the list price to sales price ration of sold homes was 93%
• the average days on market for sold homes is down to 122 days
• 748 homes are listed in the Nashville MLS for more than $750.000

The breakdown for neighborhoods with Luxury homes that sold for more that a million dollars are as follows

• Annandale
• Avalon
• Belle Meade
• Belle Rive
• Elmbrook
• Fairvue Plantation
• Forest Hills
• Governors Club
• Green Hills
• Heathrow Hills
• Laurelbrooke
• Legends Ridge
• Leipers Fork
• Mcgavock Farms
• Montclair
• Northumberland
• Princeton Hills
• Stockett Creek
• Sugartree
• Treemont
• Valle Verde
• West Meade
• Westhaven
• Windstone

As you can see, most of the luxury homes sold in the Nashville area are located on the south and west side of the city, or in Brentwood or Franklin. If you would like to start construction on a custom luxury home contact me at your convenience. We can determine the best area and builder for your lifestyle.

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


 

Cool Springs Homes November 2013

Nashville Real Estate - Nashville Homes : Cool Springs Homes November 2013 Cool Springs homes for sale and November Market Report 2013 - sales increased 21% in October with 51 closings compared to 42 in 2012. The median price of homes sold in Cool Springs during October increased 5% to $445,000. The absorption rate of Cool Springs homes is down to 2 months indicating a strong sellers market.

• The median price of Cool Spring homes sold was $445,000
• 51 Cool Springs homes sold in June compared to 42 last year
• average days on market is down to 44 days
• the median size of homes sold in Cool Springs was 3172 square feet
• 86 Cool Springs homes are currently pending sale
• 58 Cool Springs homes are currently listed in the Nashville MLS as available for purchase
• the absorption rate for Cool Springs homes is down to 2 months
• The median list price to sales price ratio for May was 99%

 

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

Popular communities in Cool Springs are

• Avalon
• CarronBridge
• Cheswicke Farms
• Cool Springs East
• Mckays Mill
• Villages of Clovercroft

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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.



 

Franklin Homes November 2013 Market Report

Franklin Homes November 2013 market report Franklin Homes November 2013 market report - sales increased 8 percent in October of 2013 compared to the previous October with 180 homes sold compared to 167. The median price of Franklin Tn Homes sold in October was $419,453 and the absorption rate is 4 months.

• 180 Franklin homes sold in October compared to 167 last year, an increase of 8%
• the median price of homes sold in Franklin Tn increased $419,953
• median days on market for homes sold was 49 days
• 263 Franklin homes are currently pending sale
• 711 Franklin homes are listed in the Nashville MLS as available for purchase
• the absorption rate of Franklin Tn homes based on October sales is 4 months
• The median list price to sales price ratio for the month was 99%
• the median price per square feet of sold homes in Franklin was $141

 

The most popular Franklin neighborhoods based on sales for October were

• Westhaven with 27 sales
• Fieldstone farms with 6 closings
• Mckays Mill with 13 closings
• Ladd Park with 8 closings
• Sullivan Farms with 5 closings
• Franklin Green with 6 closings
• Watkins Creek with 5 closings
• Creekstone with 7 closings
• Cross Creek with 5 closings
• Buckingham park with 5 closings
• Franklin Green with 5 closings
• Temple Hills with 6 closings

These statistics should tell everyone that Franklin real estate is in a sellers market, and prices are rising quickly. For Franklin home owners who are considering a move, now would be an excellent time to consider your options.

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Nashville Real Estate Prices Continue to Rise

Nashville Real Estate - Nashville Homes : Nashville Home Prices Continue to RiseNashville homes market report November 2013 - The median price of homes sold in Nashville during October increased 14% to $200,000 compared to the same month in 2012, according the the Greater Nashville association of Realtors. The absorption rate of Nashville homes based on recent sales and current inventory is down to 4.9 months making is a sellers market.

• 2032 Nashville homes sold in October compared to 1917 last year, an increase of 6%
• the median sales price of Nashville homes sold was $200,000 compared to $175,000 last year, an increase of 14%
• 281 Nashville condos sold for the month compared to 264 last year a 6% increase
• The median price for Nashville condos sold in October was $148,000
• the absorption rate for Nashville real estate is down to 4.9 months signaling a sellers market
• average days on market is down to 75 days

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[idx-listings city="Nashville" minprice="200000" maxprice="9000000" propertytypes="831,830" orderby="DateAdded" orderdir="DESC" count="5"]Popular Nashville Neighborhoods

Abbottsford	Annandale	Avalon
Belle Meade	Burton Hills	Crieve Hall
Courtside	Cool Springs	Dallas Downs
Evergreen	Falcon Creek	Fieldstone Farms
Forest hills	Forrest Crossing	Franklin Green
Governors Club	Green Hills	Laurelbrooke
Ladd Park	Mcgavock Farms	Mckays Mill
Montclair	Luxury Homes	Murfreesboro
Nashville MLS ....	Brentwood Pointe...	Polk Place
Princeton Hills	Providence	Raintree Forest
Riverwalk	Sullivan Farms	Sylvan Park
Wades Grove	Wakefield	Westhaven

 

Green Hills Nashville Homes For Sale and October 2013 Market Report

Nashville Real Estate - Nashville Homes : Green Hills Nashville Homes For Sale and October 2013 Market ReportGreen Hills Homes market report for September 2013 shows a dramatic average price increase of 35% over the same period in 2012 and with the shortage of inventory and 21 homes pending already, I expect the price increase to continue.

• 28 Green Hills homes sold inSeptember
• The average price of Green Hills home sold in September was $749,297 compared to $556,034 last September
• The average size of homes sold in Green Hills was 3348 square feet compared to 3266 last year
• The average days on market was 149
• the list price to sales price ratio was 92%
• 21 homes are currently pending in Green Hills
• 199 homes are currently available for purchase
• the current absorption rate for Green Hills real estate is 7 months

To search for Green Hills homes for sale, click on the button




[idx-listings zip="37215" orderby="Price" orderdir="DESC" count="3"]

 

Franklin Tn Homes Market Report September 2013

Franklin Tn Homes for sale and August 2013 market report - for the first time this year, sales of Franklin homes did not increase. 194 Franklin homes sold in August of 2013 compared to 195 in the same month of 2012. The average price of Franklin homes sold increased 20% to $480,629. With inventory levels on Franklin Tn homes continuing to decrease, I expect prices to move higher for the near future. Franklin is sell in a strong sellers market with an absorption rate of less than 4 months.

• 194 Franklin Tn homes sold in August compared to 195 last year
• the average price of homes sold in Franklin Tn increased 20% to $480,629
• average days on market for homes sold was 55 days
• 263 Franklin TN homes are currently pending sale
• 735 Franklin Tn homes are listed in the Nashville MLS as available for purchase
• the absorption rate of Franklin Tn homes based on August sales and current inventory is 3.7 months
• The average list price to sales price ratio for the month of July was 98%
• the median price per square feet of sold homes in Franklin was $154

  These statistics should tell everyone that Franklin real estate is in a sellers market, and prices are rising quickly. For Franklin home owners who are considering a move, now would be an excellent time to consider your options.
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