Nashville Real Estate - Benchmark Realty

Monday, April 20, 2015

Free concert at Owl's Hill this Saturday

Free concert at Owl's Hill this Saturday

The Owl's Hill Nature Sanctuary in Brentwood will host a free concert
on Saturday, April 25 with live performances by Kim Richey, Bill Lloyd
and Webb Wilder.

The event is sponsored by The Nature Conservancy, which recently
announced the expansion of its "If Trees Could Sing" video program. Nine
new artists have been added to the program, with Owl's Hill as its new
area park.

The concert will run from 12 p.m. to 4 p.m. at 545 Beech Creek Road and is open to the public.

Videos can be found at www.nature.org/IfTreesCouldSing

Oak Hill Home For Sale - 4040 Russellwood

Oak Hill Home For Sale - 4040 Russellwood[idx-listing mlsnumber="1616501" showall="true"]

Oak Hill Home For Sale at 4040 Russellwood - approximately 4600 square feet on a spacious tree lined lot in Oak Hill built by luxury home builder Gene Edwards. A French Tudor style exterior all brick home with screened cedar porch, oversized stamped patio, gourmet kitchen with Viking appliances, butlers pantry and bonus room. The master bedroom and one guest bedroom is on the main level.

For more information on this fabulous new home in Oak Hill, call Clay Tate at 615-957-8448

Search for Oak Hill homes for sale here

Sunday, April 19, 2015

Nashville Real Estate For Sale - April 2015

Nashville Real Estate For Sale - April 2015
Nashville real estate for sale - 2313 Nashville homes sold in March at an median price of $222,400. That's an increase of 13% over the number of homes sold last March, and an increase of 36% over last month. The inventory level is now down to 8238 homes making the absorption rate 3.5 months and dropping fast. Nashville home buyers need to expect that most good homes get offers the first day on market sometime with multiple offers. Nashville real estate is in a sellers market.

2313 homes sold in the month of March compared to 2036 during the same month last year, an increase of 13%
The median sales price of homes sold was $222,400 compared to $195,000 last year, an increase of 14%
inventory of available homes is down 14% to 8238 homes
334 Nashville condos sold during the month, an increase of 13%
the median sales price of Nashville condos was $171,831 up slightly from last year
inventory levels of Nashville condos are down 20.6% to 867 units
The absorption rate for Nashville condos based on March sales is 2.6 months

Nashville real estate sales continue to increase as inventory levels continue to decline. The laws of supply and demand will continue to push home prices higher as more people continue to move to the Nashville area.

For the most-up-to-date information on Nashville real estate prices, 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 homes come on the market or price reductions in Nashville real estate are posted.

Return to Nashville homes search page

information on this page is based on information on Nashville real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. This post is the property of Larry Brewer of Benchmark realty representing buyers and sellers of Nashville real estate including the surrounding areas of Franklin, Brentwood, Spring Hill, Murfreesboro, Green Hills, and Belle Meade.

Thursday, April 2, 2015

Polk Place Homes In Franklin TN - April 2015

Polk Place Homes In Franklin TN - April 2015Polk Place Homes In Franklin TN - April 2015

Polk Place homes have lately been selling like girl scout cookies with 4 closings in the month of March and 6 homes currently under contract, leaving only one home available for purchase. The absorption rate on Polk Place homes now based on these numbers is one week. As crazy as it seems, this is now the market for affordable homes in Franklin. Almost every home in Polk Place is priced in the $400,000 to $500,000 range, in the sweet spot of affordability with an average price per square feet of around $130.

4 Polk Place homes sold in the month of March
the average price of homes sold was $426,325
6 homes are currently under contract to close
1 Polk Place home is available for purchase

I expect the demand for homes in Polk Place to continue as builders in Franklin will have trouble finding lots, and the cost to develop land continues to rise at a rapid pace. With all the new regulations place on building to codes, and the fees and taxes levied on new homes continue to rise, affordable housing in Franklin seems to be a thing of the past.

Search for Polk Place homes for sale here

If you would like to know what the value of your existing Polk Place home would be, enter your information here, and you will receive a free market analysis based on current conditions. Of course you can always call Larry Brewer at Benchmark realty 615-512-7853 for immediate assistance.

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Tuesday, March 3, 2015

Nashville Luxury Homes for Sale March 2015

Nashville Real Estate - Nashville Homes : Nashville Luxury Homes for Sale March 2015

Million Dollar Homes in Nashville March 2015 - 26 Nashville homes sold during the month of February 2015 that were listed for more than one million dollars, an increase of 85% compared to the same period last year. The average price of homes sold in this price range was $1,539,218 with the most expensive being $3,225,000. The absorption rate of million dollar homes in Nashville based on February sales is still fairly high at 13.5 months.

26 million dollar homes in Nashville sold in the month of February, compared to 14 last year
the average sales price of homes listed for more than a million dollars was $1,539,218
the list price to sales price ratio of sold homes was 95%
the average days on market for sold homes is down to 144 days
351 homes are listed in the Nashville MLS for more than $1,000,000

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

Million dollar homes in Nashville are selling at a consistent pace, but the inventory levels are still high enough to make is a buyers market for resales, in new construction it's a sellers market due to a shortage of lots.

Search for Million dollar homes in Nashville here

Return to Nashville homes search page

For the most-up-to-date information on Nashville luxury 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 million dollar homes come on the market or price reductions in Nashville luxury homes are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region.

information on this page is based on information on million dollar homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

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

Tuesday, February 17, 2015

The Best Franklin Elementary Schools

The Best Franklin Elementary Schools

What Are the Best Franklin Elementary Schools - I get this question a lot, and if you base the answer on test scores, it's a fairly easy answer. If you start to include opinions of parents and students, it becomes more subjective. I also think that comparing a magnet school to a typical public school is not a fair comparison. Magnet schools in general only allow the best students, giving them an unfair advantage. All of the Franklin elementary schools are ranked in the top 20% in the state with most in the top 10%. With all of that explanation behind me, I'll go ahead and give you the rankings based on TCAP scores. Clovercroft is the top Franklin elementary school an the top traditional public school in the state. By the way, if you click on the school name, it will give you a list of all available homes in that school district. The numbers are average TCAP scores

The bottom schools on the list are all in the Franklin special school district, all of the others are part of the nationally recognized Williamson county school system. Click here to see Franklin TN Middle schools Click here to see Franklin TN High schools Click here see Brentwood TN elementary schools Click here see Brentwood TN middle schools Click here to see Brentwood TN high schools

Thursday, February 12, 2015

Nashville Real Estate - Nashville Homes : Mckays Mill Homes for Sale February 2015

McKays Mill homes for sale and February market report - 6 homes sold during the month of January, at an average price of $437,007. Homes sell really fast in McKays Mill and the shortage of properties has the list price to purchase price ratio around 99% almost all the time. Be prepared to compete if you are a buyer, and be prepared to have lots of traffic in you home if you are a seller.

6 McKays Mill homes sold in the month of January
13 homes are currently available for purchase
6 Mckays Mill homes are currently under contract and pending sale
the list price to sales price ratio of homes sold in January was 99%
average days on market for homes sold was 61 days
The absorption rate of Mckays Mill homes is 2 months

Here is a summary of the conditions of the market for Mckays Mill homes, and it's sister next door the Villages of Clovercroft, it's a red-hot sellers market. Most new listings have an offer within 24 hours now, and the list price to sales price ration is 99%. The reasons are simple, it's one of the most affordable places to live in the Cool Springs area of Franklin, and it's close enough to I-65 that you can commute to downtown Nashville is less than 30 minutes on normal day.

Search for Mckays Mill real estate here

For the most-up-to-date information on Mckay's Mill homes 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 Mckays Mill homes come on the market or price reductions in Mckays Mill are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Mckays Mill or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site.

information on this page is based on information on single family homes for sale in Mckays Mill subdivision in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

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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