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Nashville Real Estate For Sale – January 2021

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Nashville Real Estate for sale – we are in a sellers market with 54% reduction in inventory of single family homes at the end of 2020 compared to the same period last year and the number of closings Nashville luxury Homeincreased 19.6% in December of 2020 compared to December of last year. Most affordable homes have offers the first day on market and in some cases several offers making it more important than ever to be represented by an experienced agent no matter if you are buying or selling.

    • the median price of Nashville area homes increased 6.4% to $345,000 compared to the same month last year
    • 3445 homes sold in Nashville in December of 2020 compared to 2880 last year
    • inventory levels of Nashville homes are down 54% in the last 12 months
    • 3543 Nashville homes are currently listed for sale compared to 6612 for the same period last year but many are still under construction
    • the absorption rate of homes based on December sales and current inventory is now one month
    • average days on market is down to 26 days
    • 537 Nashville condos sold during the month compared to 445 last year, a 21% increase
    • The median price of condos in Nashville increased 10% to $269,900

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

Search for Nashville homes for sale here

Find the value of your Nashville home here Nashville real estate values,

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
Find Nashville homes for sale here, see the current market trends call your Nashville real estate resource Larry Brewer Benchmark realty 615-512-7853

Crieve Hall Homes for Sale – December 2020

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Crieve Hall homes are in a sellers market with most homes getting multiple offers the first day on market. Only two homes are currently for sale and 4 closed during the month of December. The average price per square foot has increased 27% in the last 12 months.

  • the average sales price of homes sold in Crieve Hall during the month of November 2020 was $429,975 an increase of 22% over the same period last year
  • the average price per square foot of homes sold was $261, an increase of 27% for the last 12 months
  • the list price to sales price ratio was 100%
  • average days on market for homes sold in Crieve Hall was 14 days with a contract to close of 35 days
  • 2 homes are currently listed for sale in Crieve Hall and 3 are currently under contract
  • the absorption rate of homes in Crieve Hall is less than one month

 Crieve Hall is always popular due to it’s short drive to downtown Nashville and equally short distance to the best shopping and dining experience in Middle Tennessee at Cool Springs. If you would like to purchase a home in Crieve Hall, contact me here Larry@larrybrewer.com. If you are thinking of selling your Crieve Hall home,. let me help you with a plan to get the most money for your current home and find you a new place so you won’t be homeless when you home sells. 

 

 

 

Spring Hill TN Homes for Sale – November 2020

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Spring Hill Tn HomesSpring Hill TN homes are in a sellers market with an absorption rate of less than one month. The average home prices for Williamson county homes in Spring Hill have increased 6.5% to $420,380

  • 83 Spring Hill TN homes sold during the month of October
  • The average price of homes sold in Spring Hill increased 6.5% to $420,380
  • The list price to sales price ratio of sold homes was 99.7% for the month
  • 36 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
  • 131 homes are currently under contract pending sale, most are new homes waiting for completion
  • the average price per square foot for Spring Hill homes sold during the month of October was $163 compared to $149 for the same period last year, an increase of 9.4%
  • The average days on market is down to 16 days, the lowest number I can ever remember

Inventory levels are extremely low right now and most of the better homes have multiple offers the first day on market, so representing buyers now requires very aggressive tactics. Selling homes to get the most money for sellers is different and legally dealing with multiple offers in a fair way is something that experienced agents are earning their pay.

Homes in Spring Hill TN are now averaging $163 per square foot compared to $225 in Franklin.

Search for Spring Hill TN homes for sale here.

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For the most-up-to-date information on Spring Hill TN homes, 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 Spring Hill listings come on the market or price reductions in Spring Hill TN homes are posted.

To see the new listings at Brixworth Seven click here

information on this page is based on information on Spring Hill real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

Nashville Real Estate For Sale – October 2020

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Nashville homesNashville homes are in a sellers market with 37% reduction in inventory of single family homes compared to the same period last year and the number of closings increased 15% in September compared to September last year. Most affordable homes have offers the first day on market and in some cases several offers making it more important than ever to be represented by an experienced agent no matter if you are buying or selling.

    • the median price of Nashville area homes increased 9.4% to $348,000 in September compared to the same month last year
    • inventory levels of Nashville homes are down 37% in the last 12 months
    • 5195 Nashville homes are currently listed for sale but many are still under construction
    • the median price of Nashville homes increased 9.4% year over year to $348,000
    • the absorption rate of homes based on September sales and current inventory is now less than  2 months
    • average days on market is down to 29 days
    • 552 Nashville condos sold during the month compared to 457 last year, a 20% increase
    • The median price of condos in Nashville increased 4% to $245,000

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

Search for Nashville homes for sale here

Find the value of your Nashville home here Nashville real estate values,

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

Luxury Homes for Sale in Nashville – September 2020

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Nashville luxury homes for sale – Nashville luxury homeDuring the month of August we had a considerable amount of luxury home sales in the Nashville area including Brentwood and Franklin with 182 closings for the month compared to 135 for the previous August, an increase of 35% year over year. I’m considering any residential home or condo over $1,000,000 to be a luxury home in this area.

  • The average sales price of luxury homes during the month was $1,507,869 an increase of 11% compared to August of 2019
  • 548 Nashville luxury homes are currently listed in the Nashville MLS
  • 345 Nashville luxury homes are currently under contract
  • 182 luxury homes sold during the month of August 2019 compared to 135 for the same month last year
  • the list price to sales price ration of homes sold in this price range was 97.54%
  • the average price per square foot of luxury homes sold in Nashville for August was $289
  • the average size of homes sold in this category was 5171 square feet

The breakdown for some of the most active neighborhoods with Nashville luxury homes that sold in during July was

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. Luxury home buyers are moving here from all over the country and they are looking at homes here that are much more affordable than most on the west coast or the northeast.

Find Nashville luxury homes here

 

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 MLS listings come on the market or price reductions in Nashville are posted.

Nashville Real Estate for Sale – July 2020 Update

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Nashville Real Estate for sale –  Nashville home sales have picked up in spite of fears about the virus with number of closings of homes  increasing 26% over the May of this year and down only 1.5% compared to June of last year.

Considering the fact that listing inventory is down 21% compared to last June the number of closing is very impressive. What is something that all this houses had in common is all this properties had reviewing best water softeners for well water, this is a big solution of a bigger problem.

    • 3478 homes closed during the month of June compared to 2759 in May so sales increased by 26% percent in one month but compared to the same month last year sales of single family homes were down 1.5%
    • 6825 Arbors Homes for Sale are currently listed in Nashville compared to 8274 last year, an inventory reduction of 21%
    • the median price of Nashville homes sold was $331,448 compared to $319,990 the previous June an increase of 3.5%
    • the absorption rate of homes based on June sales and current inventory is now down to 2 months

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

Search for Nashville real estate here

Find the value of your Nashville home here Nashville real estate values,

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