12 South is one of Nashville’s hottest neighborhoods, but you probably already know that, that’s why you are reading this blog post. 12 South is home to some of Nashville’s more trendy restaurants and quick eats (Josephine, Urban Grub, Burger Up, Frothy Monkey, Las Paletas) and hang out spots and has been considered Nashville’s #1 neighborhood by those who live and work in the Nashville area.
12 South has it’s own farmer’s market in Sevier Park and even has their own concert series. Boutique shops and local, unique fare have drawn the eye of Nashvillians and transplants alike over the last five years. 12 South’s location is a huge contributing factor to it’s rise in value over the last five years. Nestled between 440, 8th Ave, 12th Ave and Wedgewood – the neighborhood is close to everything about Nashville that you know and love – Music Row, Green Hills, Belmont University (and community), Berry Hill and the revitalized 8th South community are all just a few blocks away.
In 2013 the 12 South neighborhood saw measurable increase in property value and growth. Two key stats from 2013:
92 Homes Sold in 12 South in 2013 (Up 14% over 2012)
Average Home Sale Price Increased 10% (from $429K in 2012 to $469K in 2013)
The maximum home sale in 12 South in 2013 was a 4,041 sft 1920’s Colonial/Traditionalstyle single family home that sold for $1,350,000 as a pre-sale. That maximum sale value was up 8% from 2012 ($1,250,000).
Some other interesting stats for 12 South in 2013:
Minimum Sales Price – $225,000
Average Days on Market – 66 Days
Median Square Footage, Beds and Baths – 2,394 sft, 3 beds, 2.5 baths
12 South is a neighborhood on the steady up and up in Nashville. As Nashville grows and expands, expect values to continue to increase over time. For more information about this Nashville community reach out to me or you can view current homes for sale in 12 South here.