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Luxury Homes For Sale In Nashville – April 2021

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Nashville luxury homes for sale – Nashville luxury homeDuring the month of March we had a considerable amount of luxury home sales in the Nashville area including Brentwood and Franklin with 190 closings for the month compared to 118 for the previous March, an increase of 61% year over year. I’m considering any residential home over $1,000,000 to be a luxury home in this area.

  • The average sales price of luxury homes during the month was $1,459,995 an increase of 5% compared to March of 2020
  • 266 Nashville luxury homes are currently listed in the Nashville MLS
  • 490 Nashville luxury homes are currently under contract
  • the list price to sales price ration of homes sold in this price range was 99%
  • the average price per square foot of luxury homes sold in Nashville for March was $324
  • the average size of homes sold in this category was 4868 square feet

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

Brentwood Homes Are In A Sellers Market

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Brentwood Homes  are currently in a sellers market with an absorption rate of less than one month. The median sales price of homes sold during February was $1,082,500 compared to $689,900 last year and the list price to sales price ratio is 101%

  • 42 homes sold in February compared to 51 last year
  • 141 homes are currently under contract waiting to close
  • 38 Brentwood homes are listed in the Nashville MLS as available for purchase
  • the median size of homes sold was 4589 square feet
  • The average price per square foot of homes sold was $242 compared to $210 for the same period last year, an increase of 15%
  • the average days on market for homes sold was 32 days
  • the list price to sales price ratio for homes sold in February was 101%

Search for Brentwood TN homes for sale here

 

 

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. We have had a shortage of homes in Brentwood and it’s taking a long time for new construction homes to catch up to the demand. If you want a new home in Brentwood, give me a call, I can help you find the right builder and neighborhood to meet your needs.

Search the most popular neighborhoods in Brentwood here

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

Search for Brentwood TN homes for sale here, and call your Brentwood real estate resource Larry Brewer Benchmark realty 615-512-7853

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 residential real estate sales 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 real estate agent that offers a 1% Listing Commission 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 residential properties 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