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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$2,250,000 : 227 2nd Avenue, Nashville3 beds, 4 bathsListed with PARKS
$1,384,500 : 4501 Glendale Place, Nashville4 beds, 4 bathsListed with Metropolitan Brokers
$1,170,000 : 900 20Th Ave S Apt 711, Nashville2 beds, 3 bathsListed with PARKS
$1,059,000 : 2126 Golf Club Ln, Nashville3 beds, 5 bathsListed with PARKS
$2,395,000 : 700 12th AVE SOUTH #1413, Nashville2 beds, 3 bathsListed with Southern Homes Real Estate LLC
$1,399,993 : 2828 Sugar Tree Rd, Nashville4 beds, 5 bathsListed with DeSelms Real Estate
$1,300,000 : 4309 Beekman Dr, Nashville4 beds, 5 bathsListed with Keller Williams Realty
$1,160,000 : 1711 Sevier St., Nashville4 beds, 4 bathsListed with Cloud Realty, LLC
$1,100,000 : 1909 Sevier St., Nashville5 beds, 5 bathsListed with Cloud Realty, LLC
$5,250,000 : 5021 Hill Place Dr, Nashville5 beds, 8 bathsListed with Worth Properties LLC
$1,349,900 : 2011B Overhill Dr, Nashville5 beds, 6 bathsListed with Keller Williams Realty
$1,250,000 : 511 N 14Th St, Nashville5 beds, 3 bathsListed with MW Real Estate Co.
$1,050,000 : 4127 General Bate Dr, Nashville5 beds, 5 bathsListed with PARKS
$1,199,900 : 900 20Th Ave S Apt 1611, Nashville2 beds, 3 bathsListed with Benchmark Realty, LLC
$1,100,000 : 201A Woodmont Circle, Nashville4 beds, 5 bathsListed with Pareto Realty
$1,042,365 : 3610A West End Ave. (#104), Nashville3 beds, 4 bathsListed with Fridrich & Clark Realty
$5,250,000 : 919 Overton Lea Rd, Nashville4 beds, 6 bathsListed with Fridrich & Clark Realty
$1,135,000 : 114 Lasalle Court, Nashville5 beds, 6 bathsListed with Benchmark Realty, LLC
$1,395,000 : 611 Georgetown Dr, Nashville4 beds, 5 bathsListed with Christianson, Patterson, Courtney & Associates
$1,000,000 : 515 Church Street, #3808, Nashville2 beds, 2 bathsListed with Zeitlin Sothebys International Realty
See all Nashville $1,000,000 and over.
(all data current as of 9/18/2018)
Listing information deemed reliable but not guaranteed. Read full disclaimer.