Nashville luxury homes for sale and December 2014 market report – 34 Nashville luxury homes sold during the month of November 2014 compared to 27 during the same period last year. The average sales price of Nashville luxury homes was $1,516,578 in November.
- the list price to sales price ratio of sold Nashville million dollar homes was 95%
- the average days on market for sold homes is down to 93 days
- 454 Nashville million dollar homes are listed in the Nashville MLS
- 44 Nashville million dollar homes are currently pending sale
- The absorption rate for Nashville luxury homes based on November sales and current inventory is 13 months
The breakdown for neighborhoods with Nashville luxury homes that sold in November are
- Belle Meade
- Cherokee Park
- Franklin Equestrian property
- Forest Hills
- Green Hills
- Oak Hill
- The Grove
- West Meade
Nashville luxury homes sales have been improving , but as you can see, the inventory levels allow buyers a lot of leverage to negotiate a better price.
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(all data current as of 1/27/2015)
$1,599,000 : 4325 Estes Rd, Nashville5 beds, 4 full, 2 part bathsListed with Rasbury Realty
$1,050,000 : 1609 Valle Verde Dr, Brentwood5 beds, 5 full, 1 part bathsListed with Vastland Realty Group, LLC
$1,399,900 : 2314 Castleman Dr, Nashville5 beds, 5 full, 2 part bathsListed with PARKS
$1,099,000 : 425 Glen West Dr, Nashville4 beds, 4 full, 1 part bathsListed with Freeman Webb Co., REALTORS
$1,495,000 : 155 Cheek Rd, Nashville6 beds, 6 full bathsListed with Christianson, Patterson, Courtney & Associates
Listing information deemed reliable but not guaranteed. Read full disclaimer.