Nashville luxury homes for sale and May 2015 market report – 36 Nashville luxury homes sold during the month of April 2015, compared to 29 during April of 2014, an increase of 24%. The average sales price of Nashville million dollar homes was $1,459,884, and the average size of homes sold was 6196 square feet
- the list price to sales price ratio of sold Nashville luxury homes was 95%
- the average days on market for sold homes was 116 days
- 419 Nashville luxury homes are listed in the Nashville MLS
- 59 Nashville million dollar homes are currently pending sale
- The absorption rate for Nashville million dollar homes based on April sales and current inventory is down to 11 months, and based on pending sales, I expect to improve throughout the spring and summer.
The breakdown for neighborhoods with Nashville million dollar homes that sold in March are
- Beech Tree
- Belle Meade
- Forest Hills
- Franklin Equestrian
- Franklin Historic
- Governors Club
- Green Hills
- Hampton Reserve
- Magnolia Vale
- Mcgavock Farms
- Oak Hill
- Princeton Hills
- Stockett Creek
- The Grove
- Tyne Meade
- West Meade
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. Due to the availability of lots, we can expect the trend of mostly Brentwood and Franklin luxury homes will dominate new construction. However in some area of west Nashville in Belle Meade, Green Hills, Forest Hills, Oak Hill, and 12 South, and now even Germantown, old homes are being replaced by new luxury homes, and we can expect that trend to continue as the demand increases.
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$1,899,000 : 6244 Hillsboro Pike, Nashville3 beds, 2 bathsListed with Pilkerton Realtors
$10,900,000 : 5353 Hillsboro Pike, Nashville8 beds, 9 bathsListed with French King Fine Properties
$1,595,000 : 5 Wyndham Pl, Nashville5 beds, 4 bathsListed with Keller Williams Realty
$1,450,000 : 4416 Sheppard Pl, Nashville6 beds, 6 bathsListed with Fridrich & Clark Realty
$2,145,000 : 109 Loring Ct, Nashville5 beds, 7 bathsListed with PARKS
$1,475,000 : 611 Georgetown Dr, Nashville4 beds, 5 bathsListed with Christianson, Patterson, Courtney & Associates
$3,487,000 : 6727 Duquaine, Nashville6 beds, 6 bathsListed with PARKS
$2,195,000 : 205 Leonard Ave, Nashville5 beds, 8 bathsListed with Fridrich & Clark Realty
$1,585,000 : 231 Deer Park Cir, Nashville4 beds, 5 bathsListed with Fridrich & Clark Realty
$1,199,000 : 6048 Bresslyn Rd, Nashville3 beds, 5 bathsListed with Worth Properties LLC
$1,129,000 : 2204A Castleman Dr, Nashville4 beds, 5 bathsListed with PARKS
$1,475,000 : 918 Cadillac Avenue, Nashville5 beds, 5 bathsListed with PARKS
$1,300,000 : 223 Oceola Ave, Nashville0 beds, 0 bathListed with American Heritage Inc.
$1,150,000 : 3631 West End, Nashville3 beds, 4 bathsListed with French King Fine Properties
$1,050,000 : 605 Green Park, Nashville4 beds, 4 bathsListed with PARKS
$1,350,000 : 1712 Tyne Blvd, Nashville4 beds, 5 bathsListed with Fridrich & Clark Realty
$4,950,000 : 4414 Chickering Ln, Nashville6 beds, 7 bathsListed with Fridrich & Clark Realty
$1,449,000 : 4309B Sneed Rd, Nashville5 beds, 5 bathsListed with The Anderson Group Real Estate Services, LLC
$2,250,000 : 28 Lynnwood Ln, Nashville5 beds, 4 bathsListed with Fridrich & Clark Realty
$1,339,000 : 1200 Vintage Pl, Nashville5 beds, 5 bathsListed with Worth Properties LLC
See all Nashville $1,000,000 and over.
(all data current as of 4/25/2018)
Listing information deemed reliable but not guaranteed. Read full disclaimer.