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 3/5/2015)
$1,174,000 : 3917 Trimble Rd, Nashville4 beds, 3 full, 1 part bathsListed with Fridrich & Clark Realty
$1,399,000 : 1435 Willowbrooke Cir, Franklin6 beds, 5 full, 1 part bathsListed with Fridrich & Clark Realty
$2,400,000 : 203 Thornhill Crescent, Brentwood5 beds, 5 full, 3 part bathsListed with Bob Parks Realty
$999,900 : 5629 HILLVIEW, Brentwood5 beds, 4 full, 1 part bathsListed with Drees Homes
$1,950,000 : 1022 Chancery Ln S, Nashville4 beds, 4 full, 1 part bathsListed with Fridrich & Clark Realty
Listing information deemed reliable but not guaranteed. Read full disclaimer.