Nashville Million Dollar Homes - June 2015 Update

Nashville Real Estate - Nashville Homes : Nashville Million Dollar Homes - June 2015 Update
Nashville luxury homes for sale and June 2015 market report - 51 Nashville luxury homes sold during the month of May 2015, compared to 37 during May of 2014, an increase of 38%. The average sales price of Nashville luxury homes was $1,504,917, and the average size of homes sold was 5880 square feet

• the list price to sales price ratio of sold Nashville luxury homes was 96%
• the average days on market for sold homes was 89 days
• 482 Nashville luxury homes are listed in the Nashville MLS - The most I've seen in a long time
• 52 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 9 months.

The breakdown for neighborhoods with Nashville million dollar homes that sold in May are

• 12 South
• Annandale
• Belle Meade
• Belmont
• Brentwood
• Cherokee Park
• Edenbrook Estates
• Forest Hills
• Franklin Equestrian
• Franklin Historic
• Governors Club
• Green Hills
• Hampton Reserve
• Hidden Valley
• Hillsboro Village
• Hillwood estates
• Laurelbrooke
• Leipers Fork
• Magnolia Vale
• Mcgavock Farms
• Oak Hill
• Richland Woods
• Princeton Hills
• Stockett Creek
• The Grove
• Treemont
• Tyne Meade
• West Meade
• Westhaven
• Windstone

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. Due to the availability of lots, we can expect the trend of mostly Brentwood and Franklin luxury homes will dominate new construction. However in some area of west Nashville in Belle Meade, Green Hills, Forest Hills, Oak Hill, and 12 South, and now even Germantown, old homes are being replaced by new luxury homes, and we can expect that trend to continue as the demand increases. Find your Nashville luxury home here 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.   [idx-listings linkid="256646" count="20" showlargerphotos="true"]  

Franklin TN Real Estate for Sale - June 2015

Nashville Real Estate - Nashville Homes : Franklin TN Real Estate for Sale - June 2015Franklin Tn Homes June 2015 market update - 206 Franklin Tn homes closed during the month of May compared to 180 for the same month last year, an increase of 15%. The median price of homes sold in Franklin during the month was $450,818 compared to $403,338 for May of 2014, an increase of 12%. The absorption rate based on May sales and the current inventory is 3.5 months, and the median days on market for sold homes is 47 days. A lot of Franklin TN homes are now 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 Tn Homes in May was 100%
• 370 Franklin TN homes are pending at this time
• 725 Franklin TN homes are currently listed in the Nashville MLS as available for purchase, but many are already under contract
• the absorption rate based on May sales is 3.5 months

Search for Franklin TN homes for sale here


 

For the most-up-to-date information on Franklin TN homes 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 real estate is are 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

Green Hills TN Homes For Sale May 2015

Green Hills TN Homes For Sale May 2015Green Hills Tn Homes in Nashville Tn 37215 market report for May 2015 shows that average prices of Green Hills TN homes sold in April increased 8% over the last 12 months to $792,250.

• 39 Green Hills TN homes sold in April compared to 42 the previous April
• The average price of Green Hills TN homes sold in April was $792,250 compared to $731,597 last April
• The average size of homes sold in Green Hills was 3696 square feet
• The average days on market of homes sold was 64
• the list price to sales price ratio was 96.5%
• 20 homes are currently pending in Green Hills
• 200 homes are currently available for purchase
• the current absorption rate for Green Hills homes is 5 months

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

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For the most-up-to-date information on Green Hills real estate 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 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. And if you’re searching for Green Hills condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Green Hills real estate in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

[idx-listings linkid="87738" count="5" showlargerphotos="true"]

 

Thompsons Station Homes - May 2015

Thompsons Station Homes - May 2015Thompsons Station Homes for sale and May 2015 market report - The pace has picked up significantly in the last few weeks and during the month of April, 45 Thompsons Station homes closed, an increase of 96% over the previous April. Along with the increase in sales came an increase in prices, with the average sales price of homes in Thompsons Station at $371,067 for homes sold during the month compared to $267,050 one year ago.

• The absorption rate for Thompsons Station homes based on April sales is 4 months
• the days on market for sold homes is down to 46 days
• 123 Thompsons Station homes are currently pending sale
• 179 Thompsons Station homes are listed in the Nashville MLS as available for purchase
• the list price to sales price ratio for closed homes was 100%, so don't expect a response from those low-ball offers

Search for Thompsons Station homes here

Thompsons Station neighborhoods with closings for the month of February include

• Aston Woods
• Blackberry Estates
• Bridgemore Village
• Brixworth
• Cameron Farms
• Canterbury
• Newport Crossing
• Tollgate Village

 

Return to Nashville homes search page

For the most-up-to-date information on Thompsons Station 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 Thompsons Station homes come on the market or price reductions in Thompsons Station are posted. Thompsons Station is located between Franklin and Spring Hill just west of I-65 at I-840. The schools in Thompsons station are excellent and the property taxes are some of the lowest in the state. With an easy commute to Cool Springs for Downtown Franklin, Thompsons Station is growing rapidly.

Search for Thompsons Station homes for sale here

Nashville Luxury Homes for Sale - May 2015

Nashville Luxury Homes for Sale - May 2015

Nashville luxury homes for sale and May 2015 market report - 36 Nashville luxury homes sold during the month of April 2015, compared to 29 during April of 2014, an increase of 24%. The average sales price of Nashville million dollar homes was $1,459,884, and the average size of homes sold was 6196 square feet

• the list price to sales price ratio of sold Nashville luxury homes was 95%
• the average days on market for sold homes was 116 days
• 419 Nashville luxury homes are listed in the Nashville MLS
• 59 Nashville million dollar homes are currently pending sale
• The absorption rate for Nashville million dollar homes based on April sales and current inventory is down to 11 months, and based on pending sales, I expect to improve throughout the spring and summer.

The breakdown for neighborhoods with Nashville million dollar homes that sold in March are

• Annandale
• Avalon
• Bancroft
• Beech Tree
• Belle Meade
• Belmont
• Brentwood
• Forest Hills
• Franklin Equestrian
• Franklin Historic
• Governors Club
• Green Hills
• Hampton Reserve
• Laurelbrooke
• Germantown
• Magnolia Vale
• Mcgavock Farms
• Oak Hill
• Princeton Hills
• Stockett Creek
• The Grove
• Treemont
• Tyne Meade
• West Meade
• Westhaven
• Windstone

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. Due to the availability of lots, we can expect the trend of mostly Brentwood and Franklin luxury homes will dominate new construction. However in some area of west Nashville in Belle Meade, Green Hills, Forest Hills, Oak Hill, and 12 South, and now even Germantown, old homes are being replaced by new luxury homes, and we can expect that trend to continue as the demand increases.



Find your Nashville luxury home here


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.

 



 

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