Nashville Homes 11-2014

Nashville HomeNashville Homes for Sale and November 2014 market report. Sales of Nashville homes increased 22% during the month of October compared to October of 2013 and sales of Nashville condos increased 18 percent during the same period. The median price of Nashville homes increased 3% during the last 12 months to $205,900. Inventory levels continue to decline and the absorption rate of Nashville homes is down to less than 4 months.

  • 2485 Nashville homes closing during the month of October 2014 compared to 2032 last year
  • the average days on market for homes sold was 68 days
  • inventory levels of Nashville homes are down 3 percent compared to last year
  • 332 Nashville condos sold during the month compared to 281 the same month last year
  • the absorption rate of Nashville condos is down to 3 months

Overall the Nashville real estate market is still very active with prices increasing and inventory levels remaining at a fairly low-level with an absorption rate of Nashville homes at 4 months, and Nashville condos at 3 months. Nashville real estate remains in a seller’s market.

Search for Nashville real estate here

For the most-up-to-date information on Nashville real estate values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville real estate are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhouses, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you.

information on this page is based on information on real estate for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

This post is the intellectual property of Larry Brewer of Benchmark realty and cannot be used without written consent

See all Nashville Homes.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,545 sq ft
    Lot size: 20,037 sqft
    Listed with Invent Real Estate Group, LLC
    Broker reciprocity icon
  2. 3 beds, 2 full, 1 part baths
    Home size: 1,996 sq ft
    Lot size: 8,276 sqft
    Listed with Invent Real Estate Group, LLC
    Broker reciprocity icon
  3. 4 beds, 2 full, 1 part baths
    Home size: 2,195 sq ft
    Lot size: 6,098 sqft
    Listed with Reliant Realty
    Broker reciprocity icon
  4. 3 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 41,817 sqft
    Listed with Exit Realty Diversified
    Broker reciprocity icon
  5. 3 beds, 2 full baths
    Home size: 1,984 sq ft
    Lot size: 8,276 sqft
    Listed with TJC Realty, LLC
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

Nashville Homes for Sale

Nashville Real EstateNashville Homes for Sale

Confidence in the Nashville real estate market is reaching record levels as more homes are being sold and the activity is increasing. The population in the Nashville area has been rapidly increasing over the last decade. Nashville continues to attract new residents from all around the country because of the area’s strong economy, plentiful employment, excellent schools, low taxes, and a moderate climate.

This is the perfect time to buy or sell Nashville real estate. For home buyers, prices are still affordable but are expected to continue to rise. That makes the homes for sale in Nashville an excellent investment opportunity, which can contribute to a secure future for you and your family. Home sellers can take advantage of the robust real estate market in the area, with both young professionals and retirees flocking into the area, all eager to find Nashville homes for sale.

The middle Tennessee areas are wonderful places to live if  you love to explore pristine wilderness areas on foot, by bicycle, on horseback, fishing and boating, behind the viewfinder of a camera or from the comfort of your car; if you want to live in a place where you get to know your neighbors; if you are looking for great schools; if you love wide-open spaces; or if you enjoy sports, arts or cultural events. The area is unique in having such a great combination of a robust economy, thriving cities, easy access to wilderness areas, and weather that lets you be outside almost all year-long.

This unique combination of features attracts both young professional families and retirees, all looking for a better way of life. As more people learn about the amazing quality of life in the Nashvile area, more are inspired to move here. That keeps the property values rising and ensures that your investment in a Nashville home will likely continue to rise.

Franklin is another very special place to live. While it is not part of Nashville, it is in Williamson county known for low property taxes, great schools and historic battle ground that have been preserved by the city. It’s also known for its beautiful luxury homes and equestrian property. The most popular neighborhood in Franklin for the last several years has been Westhaven, a planned community with its own commercial businesses and elementary school inside the neighborhood, as well as an 18 home golf course.

A little closer to Nashville but still in Williamson county is the city of Brentwood. Brentwood high school has been at the top of the list for standard test scores for many years, and have been able to attract the best teachers and students year after year.  The top neighborhoods in Brentwood based on recent sales always have the Governors club at the top of the list. With an Arnold Palmer designed golf course surrounding the gated community, and the fabulous club house and pool, it’s a very social destination. As an experienced Brentwood realtor, I can I’ve found that most of the residents of the Governors club are active, but also enjoy the privacy that a gated community allows. Being less than a 30 minute drive the Nashville international airport or downtown Nashville makes the commute very tolerable.

If you are thinking of moving into the Franklin or Brentwood area, I would love to talk to you and answer any questions you may have. To find the perfect Franklin home, you need a team of Franklin real estate agents with the experience and dedication to guide you through the different types of Franklin properties for sale to find the ones that are best suited for your individual needs. I have been buying and selling Franklin and Brentwood real estate for more than a decade. I love the area, and I love being a REALTOR®, which is more than just a job for me — it’s my passion.

Please give me a call if you would like to find out more. I’d love to find out what you are looking for.

FranklinOver 12 years of experience as a REALTOR® in Franklin and Brentwood has given me a deep knowledge of the area that I love to share with my clients. I can find the perfect home for you by using my experience, my extensive network of local contacts, the knowledge and dedication of my team — the best real estate agents Franklin and Brentwood have to offer — and high-tech tools, including a database of fantastic properties. I have wonderful tools for sellers too, including online presentations, which are now crucial for attracting buyers.

To best serve my clients, I take continuing education courses to keep my skills and knowledge current, and I do research every day. That way, I can call on both the knowledge that comes only from long experience and the cutting-edge skills that come only from engaging in constant learning.

My satisfied clients know that the knowledge I share as an Nashville REALTOR® goes beyond knowing the value of the homes in the area. I am also intimately familiar with the different communities, towns and cities that make up the Nashville area. Each of these communities has its own special flavor. Because I know these areas so well, I am able to advise my clients about which ones they are likely to find the most appealing. I enjoy sharing information about places they may not have known about before.

When I show clients Nashville homes for sale, many are delighted to find this serene community that is so close to Tennessee’s major employment and cultural centers, yet retains the old-time feel of a friendly small town. With my expert team of Nashville real estate agents, I know where the best Nashville homes for sale are to be found.

Clients who come to the area looking for a community of active adults are thrilled to find out about Providence. My team, comprised of the best real estate agents Providence has to offer, knows every aspect of life in this community of 2400 residents, and we take pride in finding the best Providence homes for sale.

When you move into Nashville, you are not only gaining a wonderful new place to live — you are also buying a solid investment for your future. To ensure that you get the best value for your money, I keep my finger on the pulse of community trends, the local economy, business developments and other social factors that can affect the market values of property in the area.

For example, many professionals are attracted to the quality of life in Franklin. The price of  Franklin real estate has been increasing more rapidly than the price of real estate in Nashville as a whole. This makes the homes for sale in Franklin outstanding investments.

I love to put my knowledge to work to find people the homes of their dreams. If you would like to find out more about living in Nashville, please give me a call.

Finding and moving into a new home is a big step in the life of a family. It’s an exciting time, a new beginning, the start of the next phase of a family’s life together. I feel honored and humbled to have been chosen by so many people to help them make this exciting transition to their new lives in Nashville.

One of the things I love most about being a REALTOR® is being able to share the joy that my clients feel when they find the homes of their dreams. It’s a major milestone in their lives, and I am so glad that I am able to use my knowledge of Nashville to help guide people in their search for the perfect home.

My clients tell me that I’m a great listener and that I am patient and kind. I work very hard. My team and I are dedicated to doing the best job. We want the best results for the people who entrust us with helping them find the homes that will make them happy for many years to come. I treat clients like they were part of my own family, and I often stay in touch with them even after they have bought or sold their homes.

I feel honored that many of my clients recommend me to their relatives and friends. I am so pleased when my clients tell me that the process of buying or selling their homes was much easier than they expected it would be. I especially like hearing from clients once they have settled into their new homes and are enjoying all the wonderful amenities of life in Nashville.

I always enjoy meeting new clients and finding out what they need in their future home — and then using my knowledge, skills and tools to find the perfect home for them. If you would like to talk to me about what you are looking for in your next home, please give me a call.
Real Estate Agents Who Know Nashville Communities

I hope I get the chance to use my extensive knowledge of the different communities in Nashville to find you the perfect home in the community that is best suited to your individual needs.

Maybe you’ve always wanted to live in a luxurious community filled with country club homes, where you will feel as if you are living in a resort all year round, and recreational opportunities are only steps from your front door. Perhaps you love golf, and would be thrilled to live in a place where you can play on amazing courses whenever the mood strikes. If you move to Nashville, you can make any of these dreams come true.

If you would enjoy the prestige of living in a gated community, I can show you wonderful Governors Club homes for sale and beautiful Laurelbrooke homes for sale. These gated communities in Brentwood offer convenience and luxury, with gorgeous homes set in lovely, peaceful environments filled with lakes, streams and waterfalls.

I have worked with both buyers and sellers for more than 12 years. My clients benefit from my negotiating skills and my state of the art tools that enable them to get the best price.

If you are thinking of buying a home, I would love to introduce you to the Franklin real estate market. I think you will be delighted to learn about the different homes styles that are available. Whether you are looking for a modern home with a view of a gorgeous golf course; a sprawling traditional house with lots of acreage for horses; or a condo filled with time-saving conveniences near the shopping and dining of Cool Springs, it’s all available in the Franklin area.

The first thing I will do is listen carefully to you and learn what you want and need in your next home. Then, along with my fantastic team, I will leave no stone unturned in my quest to find you the perfect home.

If you are selling your Nashville home, I can help you get the best price with the least amount of disruption to your regular daily life. In today’s world, you need to attract buyers by having an attractive presentation on the Internet that showcases the features of your home. My team and I will help you prepare this presentation. We will always be there to guide you throughout the selling process.

Buying or selling a home is a huge event for a family. It is an exciting time, but I know it can also be stressful. I go out of my way to make the process as easy for you as possible. I have worked with many clients who are relocating from hundreds or thousands of miles away and who often have very busy schedules. I meet with them at their convenience and always keep them posted about what is going on when they are unable to be in Nashville in person.

Are you interested in finding out more about the homes available in Nashville? You can get started right now by looking at the listings on my website and my free home search for your smart phone, tablet, or PC where you will see the same listings that REALTORS® get.

If you would like to learn more, feel free to call me directly 615-512-7853.

All of the information in the Nashville MLS is available on the home search on my website, but from my website, you can modify searches to fit your criteria, and get daily or weekly updates of new properties via e-mail if you desire.

When I list your home…IT WILL BE SEEN by home buyers all over the world!
Search for Nashville Homes here

 

Nashville Homes for Sale and October 2014 Market Update

Nashville HomeNashville Homes for Sale and October 2014 Market Update – sales of Nashville homes increased 18% during the month of September compared to September of 2013 and sales of Nashville condos increased 21 percent during the same period. The median price of Nashville homes increased 8% during the last 12 months to $211,400.

  • 2541 Nashville homes closing during the month of September 2014 compared to 2152
  • the average days on market for homes sold was 68 days
  • inventory levels of Nashville homes continue to decline and is now at 9924 homes available
  • 384 Nashville condos sold during the month compared to 310 the same month last year
  • the absorption rate of Nashville condos is down to 2.5 months

Overall the Nashville real estate market is still very active with prices increasing and inventory levels remaining at a fairly low-level with an absorption rate of Nashville homes at 4 months, and Nashville condos at 2.5 months. Nashville real estate remains in a seller’s market.

Search for Nashville real estate here

For the most-up-to-date information on Nashville real estate values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville real estate are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhouses, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Nashville or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhouses for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhouses, lofts on our site.

information on this page is based on information on real estate for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

This post is the intellectual property of Larry Brewer of Benchmark realty and cannot be used without written consent

See all Nashville Homes.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,545 sq ft
    Lot size: 20,037 sqft
    Listed with Invent Real Estate Group, LLC
    Broker reciprocity icon
  2. 3 beds, 2 full, 1 part baths
    Home size: 1,996 sq ft
    Lot size: 8,276 sqft
    Listed with Invent Real Estate Group, LLC
    Broker reciprocity icon
  3. 4 beds, 2 full, 1 part baths
    Home size: 2,195 sq ft
    Lot size: 6,098 sqft
    Listed with Reliant Realty
    Broker reciprocity icon
  4. 3 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 41,817 sqft
    Listed with Exit Realty Diversified
    Broker reciprocity icon
  5. 3 beds, 2 full baths
    Home size: 1,984 sq ft
    Lot size: 8,276 sqft
    Listed with TJC Realty, LLC
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

Why Is My Nashville Home Not Selling

Nashville home in riverwalkWhy Is My Nashville Home Not Selling – That’s the question I had from a caller who was not my client, but had talked to me in the past. I was driving down Mack Hatcher parkway at the time, and didn’t have the luxury of checking the listing on my computer, so I couldn’t really help him even if I wanted to.

My first question was why did he list the property with someone else, and then call me when it didn’t sell? He really didn’t have any problem telling me that he was promised a much lower commission by another realtor, and he thought that would mean that he could keep more of the sales price, of course he didn’t check to see if that was true, he just assumed that the other realtor was correct. I would have been able to list the property at the same commission rate that his current realtor was charging, but he would have had a much better internet exposure, as well as better pictures from a professional photographer, and post cards to all the neighbors to let their friends know it was available.

If he had listed his house with me, I wouldn’t be writing this post because the house would have probably sold the first week it was on the market, since that seems to be the trend with all of my listings in Franklin and Brentwood. I even sold a condo in Bellevue in 3 days just last month, and I consider Bellevue one of the more difficult areas in Nashville to sell a home. Selling your Nashville home isn’t that difficult if you have a plan and you don’t expect more than the market will give.

He admitted that so far, everything he was told, turned out to be false, so here he is trying to find out if I can help him tell his realtor what to do. I told him that our code of ethics prevents me from talking about it while it’s listed with another realtor. He has my number, lets see what happens.

visit my page on selling your Nashville home to see the steps I take to make it happen

 

Sylvan Park Homes for Sale and September 2014 Update

Nashville home in sylvan parkSylvan Park Homes for Sale and September 2014 update 10 Sylvan Park homes closed in the month of August with the average price increasing 32.8% to $504,045 compared to $379,300 just 12 months ago. The absorption is down to 2 months, and days on market for Sylvan Park homes is down to 72 days. Sylvan Park homes are in a seller’s market.

  • 10 Sylvan Park homes sold in August compared to 10 last year
  • the average sale price was $5604,045 compared to $379,300 last August a 32.8% increase
  • the average size of homes sold was 2433 square feet making the average price per square ft $207
  • 2 Sylvan park homes are currently pending sale
  • 21 Sylvan Park homes are listed in the Nashville MLS as available for purchase
  • the absorption rate for Sylvan Park is 2 months

 

Sylvan Park homes are very popular with young professionals who want to live close to downtown Nashville but don’t want the condo lifestyle of a highrise. Most of the homes in Sylvan park are cottages build in the 1940, and 1950’s with small yards and mature trees.

Search for Sylvan Park homes here

Homes in Sylvan Park

Return to Nashville homes search page

For the most-up-to-date information on Sylvan Park  homes values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Sylvan Park MLS listings come on the market or price reductions in Sylvan Park are posted.

See all sylvan park.
(all data current as of 11/23/2014)

  1. 3 beds, 3 full, 1 part baths
    Home size: 3,951 sq ft
    Lot size: 11,325 sqft
    Year built: 1899
    Parking spots: 2
    Listed with CENTURY 21 Lakes, Land & Auction
    Broker reciprocity icon
  2. 3 beds, 3 full, 1 part baths
    Home size: 4,651 sq ft
    Lot size: 7,840 sqft
    Year built: 2006
    Listed with Freeman Webb Co., REALTORS
    Broker reciprocity icon
  3. 4 beds, 3 full, 1 part baths
    Home size: 3,372 sq ft
    Lot size: 15,681 sqft
    Year built: 2014
    Listed with Christianson, Patterson, Courtney & Associates
    Broker reciprocity icon
  4. 4 beds, 3 full baths
    Home size: 3,115 sq ft
    Lot size: 14,374 sqft
    Year built: 1924
    Listed with Reliant Realty
    Broker reciprocity icon
  5. 3 beds, 3 full, 1 part baths
    Home size: 3,290 sq ft
    Lot size: 7,405 sqft
    Year built: 2014
    Listed with Pineapple Realty, Inc.
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

Burton Hills Homes and Condos Update September 2014

Burton HillsBurton Hills homes and Burton Hills condos for sale and market report September 2014 –

1 Burton Hills condo sold during the month of August for $247,500 and the three that are currently listed are all already under contract. I get a lot of calls for people wanting to purchase a condo in Burton Hills, and I always make the same suggestion. Get updates from my MLS tool for immediate notification and make an offer on the property the first day it’s on the market. The one home that closed in August said it was on the market for 5 days. That means it closed in 5 days after being listed. It was probably under contract after one day. Be ready to make an offer immediately.

Burton Hills homes on the other hand are not moving nearly as fast. No Burton hills homes sold during the month of August, but that was probably just a timing issue with the start of schools in the early part of the month. 6 Burton hills home sold during the 3 summer months at an average price of $460,908, and of the 9 homes currently listed in the Nashville MLS, 4 are already under contract.

  • the average sales price of Burton Hills condos sold during the summer was $264,476
  • the average size of condos sold was 1635 square feet
  • the average price of Burton Hills homes sold during the summer was $460,908
  • the average size of homes sold in Burton Hills was 3207 square feet

Search for Burton Hills real estate here

See all Burton Hills.
(all data current as of 11/23/2014)

  1. 2 beds, 2 full baths
    Home size: 1,343 sq ft
    Listed with Keller Williams Realty
    Broker reciprocity icon
  2. 5 beds, 3 full, 2 part baths
    Home size: 4,960 sq ft
    Lot size: 15,246 sqft
    Listed with Village Real Estate Services
    Broker reciprocity icon
  3. 3 beds, 3 full, 1 part baths
    Home size: 1,974 sq ft
    Listed with Benchmark Realty, LLC
    Broker reciprocity icon
  4. 4 beds, 3 full, 1 part baths
    Home size: 3,344 sq ft
    Lot size: 8,276 sqft
    Listed with RE/MAX Elite
    Broker reciprocity icon
  5. 3 beds, 2 full, 1 part baths
    Home size: 3,104 sq ft
    Lot size: 5,227 sqft
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Million Dollar Homes in Nashville September 2014

Nashville Luxury Home - Princeton Hills

Nashville home in Brentwood

 Million Dollar Homes in Nashville September 2014 – 37 homes sold in Million dollar and higher category during the month of August, an increase of 8% compared to the same period last year.  The average price of homes sold in this price range was $1,529,432 with the most expensive being $3,500,000. The absorption rate of million dollar homes in Nashville based on August sales is still fairly high at 11 months.

  • 37 million dollar homes in Nashville sold in the month of August, compared to 34 last year
  • the average sales price of homes listed for more than a million dollars was $1,529.432
  • the list price to sales price ratio of sold homes was 94%
  • the average days on market for sold homes is down to 103 days
  • 431 homes are listed in the Nashville MLS for more than $1,000,000

The breakdown for neighborhoods with Luxury homes that sold for more that a million dollars are as follows

Million dollar homes in Nashville are selling at a consistent pace, but the inventory levels seem to be increasing instead of decreasing, keeping prices down in most areas.

Search for Million dollar homes in Nashville here

Nashville Luxury Homes for sale
For the most-up-to-date information on million dollar homes in Nashville, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville are posted.

 

See all Luxury Homes.
(all data current as of 11/23/2014)

  1. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  2. 4 beds, 4 full, 1 part baths
    Home size: 5,182 sq ft
    Lot size: 30,492 sqft
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  3. 4 beds, 4 full, 1 part baths
    Home size: 5,000 sq ft
    Lot size: 1.01 ac
    Listed with Christianson, Patterson, Courtney & Associates
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Nashville Real Estate Search

Search for Nashville HomesNashville Real Estate

Find Nashville real estate here on Tennhouses.com. Search every Nashville real estate property and home for sale. Stay up to date with Nashville real estate market news from our professional team of Nashville real estate agents or request a free Nashville relocation packet.

Nashville homes sell quickly in some of the more popular neighborhoods, so make sure that you have the tools to stay on top of the market.
The suburbs and towns surrounding the Nashville area are very popular for families with school aged children and the commute from most of them to downtown Nashville is still fairly quick compared to most cities.

Nashville businesses are migrating away from the inner city to areas that are more accessible and worker friendly. Brentwood and the Cool Springs area of Franklin have become major hubs for corporate offices by providing a high quality office space at a reasonable price, especially compared to downtown Nashville. If you work in Williamson county, you will want to live in the same area, and it doesn’t hurt that the best schools in Tennessee are located in Brentwood and Franklin.

Search for homes near Vanderbilt

For the most-up-to-date information on Nashville homes values, then we urge you to contact us.  We can assist you with all aspects of buying or selling real estate in the Nashville Metro area.  Also ask to be placed on an instant notification system when any new Nashville homes come on the market or price reductions for Nashville real estate are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you.  If you’re searching for Nashville foreclosures , then we invite you to view the listings in the Nashville popular subdivisions on our site.  And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

Nashville Real Estate Market Report July 2014

Nashville Real Estate SearchNashville real estate market report July 2014 –The median price of Nashville homes sold in the month of June increased 7.8% compared to the same month last year to $222,000 according the Greater Nashville association of realtors. The number of home sold increased 9.4% to 3324. Inventory levels are almost identical with 10553 homes available now compared to 10,555 last year. So Nashville real estate is still in a seller’s market with an absorption rate of less than 4 months for homes and 4.7 months for Nashville condos.

  • 2753 Nashville homes sold during the month compared to 2548 last June an increase of 8%
  • the median sales price for homes sold was $222,000 and increase of 7.8%  compared to last June
  • 10,553 homes are currently listed in the Nashville MLS as available for purchase
  • the absorption rate of Nashville homes based on June sales is 3.8 months
  • 360 Nashville condos sold during June, an increase of 5% compared to last year
  • the median price of condos sold was $171,250 compared to $159,000 one year ago, an increase of 7.7%
  • 1204 Nashville condos are listed in the Nashville MLS as available for purchase, a decrease of 7% compared to last year
  • the absorption rate of Nashville condos is 4.7 months

Nashville real estate is still in a seller’s market and I think it will continue in that mode until interest rates become high enough to discourage buyers. Right now it seems like that will not be in the immediate future. Builders are active, and according to the latest reports, most of the building is going on in Williamson county, Davidson county, and Rutherford county in that order.

Search for Nashville homes for sale here

Nashville Real Estate
….

See all nashville.
(all data current as of 11/23/2014)

  1. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  2. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
    Broker reciprocity icon
  3. 3 beds, 2 full baths
    Home size: 1,692 sq ft
    Lot size: 9,147 sqft
    Listed with Reliant Realty
    Broker reciprocity icon
  4. 3 beds, 2 full, 1 part baths
    Home size: 1,572 sq ft
    Lot size: 6,969 sqft
    Listed with Kingdom Realty,LLC
    Broker reciprocity icon
  5. 3 beds, 2 full, 1 part baths
    Home size: 2,545 sq ft
    Lot size: 20,037 sqft
    Listed with Invent Real Estate Group, LLC
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Providence Homes July 2014

Providence homeProvidence Homes for sale and July market report17 Providence homes sold in the month of June, and like most neighborhoods is in a seller’s market with an absorption rate of 3 months, an extremely low rate for a neighborhood with new construction homes still being built, but at a much slower pace.  With local shopping and dining at the entrance to the community, and easy access to I-40 and downtown Nashville, I expect Providence to be popular for many years to come.

  • 17 Providence homes sold in June 2014
  • the average sales price of homes in Providence was $283,766
  • the average days on market was 92 days
  • the average size of homes sold in Providence for June was 2543 square feet
  • the average price per square feet of Providence home sold was $111.58
  • 37 Providence homes are currently pending sale
  • 53 Providence homes are listed in the Nashville MLS as available for purchase
  • the absorption rate for Providence homes is 4 months

search for Providence homes here

Providence Homes Search

With local shopping and dining at the entrance to the community, and easy access to I-40 and downtown Nashville, I expect Providence to be popular for many years to come.

For the most-up-to-date information on Providence home values, then we urge you to contact us. We can assist you with all aspects of buying or selling homes in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Providence MLS listings come on the market or price reductions in Sunset Park are posted.

information on this page is based on information on single family homes for sale in Providence subdivision in Mt Juliet per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

Search for Providence homes here.

See all Providence.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 3,606 sq ft
    Lot size: 11,325 sqft
    Listed with TJC Realty, LLC
    Broker reciprocity icon
  2. 5 beds, 4 full, 1 part baths
    Home size: 4,172 sq ft
    Lot size: 9,147 sqft
    Listed with Keller Williams Realty Mt. Juliet
    Broker reciprocity icon
  3. 5 beds, 3 full baths
    Home size: 3,994 sq ft
    Lot size: 9,583 sqft
    Listed with Crye-Leike, Inc., REALTORS
    Broker reciprocity icon
  4. 4 beds, 3 full, 1 part baths
    Home size: 3,081 sq ft
    Lot size: 10,454 sqft
    Listed with TJC Realty, LLC
    Broker reciprocity icon
  5. 3 beds, 2 full, 1 part baths
    Home size: 3,344 sq ft
    Lot size: 8,712 sqft
    Listed with TJC Realty, LLC
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Nashville Home Values

 

 

 

Find out what your Nashville home is worth so that you can decide if it’s time for you to put it up for sale. Be aware that this is only based on recent sales and current listings in you area, and the condition of you home in comparison will determine it’s true value. In the end the market will decide what you home is worth. I know that a lot of homes in the more popular Nashville areas such as Brentwood, Franklin, and Green Hills sometimes have homes that sell the first day.
Some communities have recently become very hot like 12 south, sylvan park, and east nashville have multiple offers on almost every home the first day on market. Use this tool for staying on top of the Nashville homes values so that your know when you can get the best price for your home.

Nashville Homes for Sale and June 2014 Market Report

Nashville Home SearchNashville homes for sale and June 2014 market report –The median price of Nashville homes sold in the month of May increased 7.6% compared to the same month last year to $209,900. The number of home sold was almost exactly the same as last year with 2544 sold this year compared to 2562 last year. Inventory levels are almost identical with 10414 homes available now compared to 10415 last year. So except for prices increasing, everything else looks the same, including the fact that we have a 4 months absorption rate keeping us in a sellers market. I expect prices to continue rising in the near future.

  • 2544 Nashville homes sold during the month compared to 2562 last May statistically the same
  • the median sales price for homes sold was $209,900 compared to $195,000 last year
  • 10,414 homes are currently listed in the Nashville MLS as available for purchase
  • the absorption rate of Nashville homes based on May sales is 4.5 months
  • 347 Nashville condos sold during May, an increase of 12% compared to last year
  • the median price of condos sold was $174,000 compared to $166,900 an increase of 4%
  • 1128 Nashville condos are listed in the Nashville MLS as available for purchase, a decrease of 18% compared to last year
  • the absorption rate of Nashville condos is 3 months

Nashville real estate is still in a sellers market and I think it will continue in that mode until interest rates become high enough to discourage buyers. Right now it seems like that will not be in the immediate future. Builders are active, and according to the latest reports, most of the building is going on in Williamson county, Davidson county, and Rutherford county in that order.

Search for Nashville homes for sale here

Nashville Real Estate
….

See all nashville.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,170 sq ft
    Lot size: 9,583 sqft
    Listed with RE/MAX Choice Properties
    Broker reciprocity icon
  2. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Case-Shiller Composite Home Price Up 12.6% Versus One Year Ago

 Nashville Home The S&P/Case-Shiller 20-City Composite Home Price Index is up 12.6% versus a year ago, and 19 of the 20 cities reported monthly gains.   . The national median price for existing homes is expected to increase 5% to 6% this year and 4% to 5% in 2015. The National association of realtors projected that annual existing home sales should come in slightly below the almost 5.1 million closings we had in 2013, but then should hit nearly 5.3 million next year.  Most observers feel a moderation in price gains is healthy for the housing market.

Here in Nashville, our trend is very similar with a 10.7% increase in the last 12 months. I’m always reminding people that real estate is the best investment I know of that you can actually use. In some cases, It’s just the best investment I know of. In every investment, you have to know when the sell, and it helps to know when and what to buy.The market does go through cycles and if you are forced to sell at the bottom, you might lose money.  I advise my clients on good times to sell, and good times to wait.

In the best case example that I know of, a client was able to buy a foreclosure home from the HUD department using the special financing programs that they had at the time with 100% financing and no closing costs. I’ve never had it happen before, or again, but it happened. The house was in a good location with great schools and it was in fair condition, needing mostly paint and cleaning. He paid less that $140,000 for the house 3 years ago, and the appraisal value of the home is now up to $190,000. He’s considering selling the property, and if he gets the appraisal price, after paying all the real estate fees, he will pocket around $38,000.

You would think that looking at these numbers, he’s made a pretty good investment. His house has gone up in value around 35%, but wouldn’t he have made more in the stock market?

No Grasshopper, you see, he only invested a few hundred dollars for an inspection and appraisal. All of the rest was financed at 4%, making his house payment lower than renting an apartment. His return on the small $600 investment he made was an estimated 6300%. Not bad for something he’s been able to use for the last 3 years.

Lets just take a normal home in Franklin that costs $350,000. In order to purchase this home using a conventional mortgage, you will need a 5% down payment plus an closing costs that could be an additional 2 percent. Let’s just say you will need $25,000 to buy the home, probably half that if you use FHA. If the home appreciates 5% per year  (back to normal), you will make approximately 70% return on your investment per year. IF you look at it that way, can you really find a better investment?

Search for Nashville Homes for sale here

Nashville Homes May 2014

Nashville Home SearchNashville homes for sale and May 2014 market report 2244 Nashville homes sold during April of 2014, an slight decrease of less than one percent compared to April of 2013. Prices are still on the rise with the median sales price of homes up to $204,905 a very healthy increase of 10.7% compared to April of 2013. The current inventory level of Nashville homes is 2% less than it was 12 months ago, enabling sellers to increase prices.

  • 2244 Nashville homes sold during the month compared to 2292 last April a decrease of 1%
  • the median sales price for homes sold was $204,905 compared to $185,000 last year
  • 10,157 homes are currently listed in the Nashville MLS as available for purchase
  • the absorption rate of Nashville homes based on February sales is 4.5 months
  • 304 Nashville condos sold during April
  • the median price of condos sold was $158,000
  • the absorption rate of Nashville condos is 4 months

Nashville real estate is still in a sellers market and I think it will continue in that mode until interest rates become high enough to discourage buyers. Right now it seems like that will not be in the immediate future. Builders are active, and according to the latest reports, most of the building is going on in Williamson county, Davidson county, and Rutherford county in that order.

Search for Nashville homes for sale here

Nashville Real Estate
….

See all nashville.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,170 sq ft
    Lot size: 9,583 sqft
    Listed with RE/MAX Choice Properties
    Broker reciprocity icon
  2. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Green Hills Homes For Sale and April 2014 Market Report

Green Hills HomeGreen hills real estate for sale and market report for April 2014 – Green hills real estate was still very active during the month of March, and I’m sure that every buyer is glad that the weather is finally improving. Green Hills homes are always in high demand.

  • 18 Green Hills homes sold in March
  • The average price of Green Hills home sold was $509,594
  • The average size of Green hills homes sold was 3026 square feet
  • The average days on market was 71
  • the average list price to sales price ratio was 95%
  • 31 Green Hills homes are currently pending sale
  • 209 homes are currently available for purchase
  • 11 Green Hills condos sold during the month of March
  • The average sales price of condos sold was $199,271
  • days on market for Green Hills condos was 97
  • 38 Green Hills condos are available for purchase making the absorption rate 3 months

 

search for Green Hills real estate here

Green Hills Homes for sale

See all Nashville Homes.
(all data current as of 11/23/2014)

  1. 8 beds, 6 full, 3 part baths
    Home size: 18,076 sq ft
    Lot size: 9.66 ac
    Listed with French King Fine Properties
    Broker reciprocity icon
  2. 7 beds, 9 full, 1 part baths
    Home size: 20,156 sq ft
    Lot size: 30.00 ac
    Listed with Freeman Webb Co., REALTORS
    Broker reciprocity icon
  3. 6 beds, 6 full, 2 part baths
    Home size: 10,898 sq ft
    Lot size: 16.00 ac
    Listed with French King Fine Properties
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Green Hills Real Estate March 2014

Green Hills HomeGreen hills real estate for sale and market statistics for the month of February  – Green hills real estate was still very active during the bitter cold of February, and I’m sure that every buyer is glad that the weather is finally improving. Green Hills has always been a favorite area for the those who work downtown or attend any of the local universities.

  • 19 Green Hills homes sold in February of 2013 compared to 17 in the previous February
  • The average price of Green Hills home sold was $522,410
  • The average size of Green hills homes sold was 2932 square feet
  • The average days on market was 86
  • the median list price to sales price ratio was 98%
  • 18 Green Hills homes are currently pending sale
  • 166 homes are currently available for purchase
  • the current absorption rate for Green Hills homes is 8.7 months
  • 9 Green Hills condos sold during the month of February
  • The average sales price of condos sold was $232,944
  • days on market for Green Hills condos was 71
  • 31 Green Hills condos are available for purchase making the absorption rate 3 months

 

search for Green Hills real estate here

Green Hills Homes for sale

See all Nashville Homes.
(all data current as of 11/23/2014)

  1. 8 beds, 6 full, 3 part baths
    Home size: 18,076 sq ft
    Lot size: 9.66 ac
    Listed with French King Fine Properties
    Broker reciprocity icon
  2. 7 beds, 9 full, 1 part baths
    Home size: 20,156 sq ft
    Lot size: 30.00 ac
    Listed with Freeman Webb Co., REALTORS
    Broker reciprocity icon
  3. 6 beds, 6 full, 2 part baths
    Home size: 10,898 sq ft
    Lot size: 16.00 ac
    Listed with French King Fine Properties
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Nashville Real Estate March 2014

Nashville Home SearchNashville real estate – 1509 Nashville homes sold during February of 2014, an increase of 1.9% over the previous February. 216 Nashville condos sold during the month, an increase of 20% over the 180 condos sold durnig the same month last year. Prices are still on the rise with the median sales price of homes up to $189,000 a very healthy increase of 8% compared to February of 2013. The current inventory level of Nashville homes is 8% less than it was 12 months ago, enabling sellers to increase prices.

  • 1509 Nashville homes sold during the month compared to 1481 last February an increase of 1.9%
  • the median sales price for homes sold was $189,000 compared to $175,000 last year
  • 8717 homes are currently listed in the Nashville MLS as available for purchase, down 8% from last year
  • 2227 homes are currently pending sale
  • the absorption rate of Nashville homes based on February sales is 6 months
  • 216 Nashville condos sold during February. an increase of 20%
  • the median price of condos sold was $165,00 an increase of 19% over the $138,473 last year

Nashville real estate is still in a sellers market and I think it will continue in that mode until interest rates become high enough to discourage buyers. Right now it seems like that will not be in the immediate future. Builders are active, and according to the latest reports, most of the building is going on in Williamson county, Davidson county, and Rutherford county in that order.

Search for Nashville real estate here

Nashville Real Estate
….

See all nashville.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,170 sq ft
    Lot size: 9,583 sqft
    Listed with RE/MAX Choice Properties
    Broker reciprocity icon
  2. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Can You Afford to Wait Any Longer to Buy a Home

Nashville real estateI’m amazed at some of the things I hear on financial TV shows now. I read a CNN article recently that estimated that from 1974 until 2006 (I don’t know why they picked these dates, but I suspect it made the answer they wanted look better) The results? Housing delivered a solid but unimpressive annualized return of 8.6%. Commercial property did better at 9.5%. The S&P, however, delivered a crushing 13.4%.

Makes you want to sell your home, rent a home, and invest all your cash into the stock market right? But maybe you should consider the rest of the facts.

1. You have to live somewhere, so even if you were not paying a mortgage, you would be paying rent, one that probably increases every year

2. Most homes are leveraged with most down payments at 20% or less, making the real return on investment much higher

a good example would be if you bought a $300,000 with a 20% down payment would require $60,000. We all know a you will have other expenses, but lets keep it simple.

If the $300,000 house appreciates at 8.6% per year as the article suggests, your home would be worth $325,800 after one year, an increase on your $60,000 of 43.8%.

It crushes the 13.4% return of the S&P if you look at it in a common sense way.

If you pay cash for the home, your ROI would change dramatically. But then you would have to factor in the savings of having no house payment or rent payment as well as your 8.6% yearly appreciation, the result would be similar to a stock or fund paying a 7 or 8% dividend. Once again, crushing the S&P500.

It’s a shame that a lot of  financial advice columns are slanted to make housing look very risky, but you really can’t compare these two without considering the fact that you live in the house, and to the best of my knowledge it’s the only personal use item that’s an appreciating asset.

In my experience, both of those average returns seem high, but like I said, it’s because they wanted to use the highest possible periods to prove a point. I researched a recent sale on a home that had been sold in 1983, and again in 2013, exactly 30 years of data. The home was purchased for $112,000 and sold for $420,000. The annualized gain on the home was 9.6% that the article was using. But because the home owner only had to put 20% down or less, making his $22,000 investment increase to $308,000 in equity, an annual compounded rate of 43%. I’ll not really go into the details of how much money he saved by having a house payment of $540 dollars a month for the life of the loan instead of rent that goes up at the rate of the market, and at the time of selling the home, would have been in the $2500 a month range. Let’s just say more than $100,000. They would have to make repairs and maintain the property during that period of time, but over the 30 year period of time, it would have still been very minimal compared to the cost of renting.

Let’s recap –

  • the return on investment on the S&P over the most favorable 30 year period of time according to CNN was 13.4%
  • during that same period of time houses appreciated 8.6%. But because most people mortgage the home with a 5% down payment, the true ROI would be
  • you can’t live for free, your mortgage payment is probably would your first year of rent would be, the only thing you really have invested is your down payment. It could be as low as 5% or 20%, that’s your investment. Using the 5% number, your annual return on investment would be 179%, at 20% down it would be 43%.

I don’t think it’s even close.

Green Hills Homes February 2014

Green Hills HomeGreen Hills Homes for Sale and February 2014 Market Report –

  • 20 Green Hills homes sold in January of 2013 exactly the same as the previous January
  • The average price of Green Hills home sold was $963,700 compared to $740,045 an increase of 30%
  • The average size of homes sold in Green Hills was 4394 square feet compared to 4003 last year
  • The average days on market was 105
  • the median list price to sales price ratio was 96%
  • 18 Green Hills homes are currently pending sale
  • 149 homes are currently available for purchase
  • the current absorption rate for Green Hills real estate is 7 months

To search for Green Hills homes for sale, click on the button

Green Hills Homes for sale

See all Nashville Homes.
(all data current as of 11/23/2014)

  1. 8 beds, 6 full, 3 part baths
    Home size: 18,076 sq ft
    Lot size: 9.66 ac
    Listed with French King Fine Properties
    Broker reciprocity icon
  2. 7 beds, 9 full, 1 part baths
    Home size: 20,156 sq ft
    Lot size: 30.00 ac
    Listed with Freeman Webb Co., REALTORS
    Broker reciprocity icon
  3. 6 beds, 6 full, 2 part baths
    Home size: 10,898 sq ft
    Lot size: 16.00 ac
    Listed with French King Fine Properties
    Broker reciprocity icon
  4. 8 beds, 9 full, 2 part baths
    Home size: 21,103 sq ft
    Lot size: 3.50 ac
    Listed with Worth Properties LLC
    Broker reciprocity icon
  5. 4 beds, 4 full, 3 part baths
    Home size: 10,191 sq ft
    Lot size: 4.41 ac
    Listed with Worth Properties LLC
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Nashville Homes For Sale and 2013 Year End Market Report

Nashville Home SearchNashville Homes market  –  25664 Nashville homes sold in the year of 2013 an increase of 18.7% over 2012. the median price of homes sold in December of 2013 was 5.8% higher than December of 2012 at $198,838. The current inventory level of Nashville homes is 10.7% less than year end totals 12 months ago with 8228 Nashville homes currently listed in the Nashville MLS.

  • 2032 single family Nashville homes sold during the month compared to 1774 last December an increase of 14%
  • the median sales price for homes sold was $198,838 compared to $187,900 last December
  • 8228 homes are currently listed in the Nashville MLS as available for purchase, down 10.7% from last year
  • 2032 homes are currently pending sale
  • the absorption rate of Nashville homes is down to 4 months
  • 232 Nashville condos sold during December an increase of 4%
  • the median price of condos sold was $156,122 an increase of 4.6% of the $149,178 last year

Nashville real estate is still in a sellers market and I think it will continue in that mode until interest rates become high enough to discourage buyers. Right now it seems like that will not be in the immediate future. Builders are active, and according to the latest reports, most of the building is going on in Williamson county, Davidson county, and Rutherford county in that order.

Search for Nashville homes for sale here

Nashville Real Estate
….

See all nashville.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,170 sq ft
    Lot size: 9,583 sqft
    Listed with RE/MAX Choice Properties
    Broker reciprocity icon
  2. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Nashville Million Dollar Homes January 2014

Nashville Luxury Home - Princeton Hills

Nashville home in Brentwood

Nashville Million Dollar Homes Report January 2014 – 36 homes sold in Million dollar and higher category during the month of December, an increase of 44% compared to the 25 million dollar homes that sold during the same period 12 months ago. The average sales price of million dollar Nashville homes increased 16% to $1,537,035.

  • 36 Nashville luxury homes sold in the month of December, compared to 25 last year
  • the average sales price of homes listed for more than a million dollars was $1,537,035
  • the list price to sales price ratio of sold homes was 98%
  • the average days on market for sold homes is down to 80 days
  • 347 homes are listed in the Nashville MLS for more than $1,000,000

The breakdown for neighborhoods with Luxury homes that sold for more that a million dollars are as follows

Million dollar homes have been selling faster recently than at any time in the last 5 years, and as long as the economy keeps improving, we can expect it to continue.

Search for Nashville Luxury homes here

Nashville Luxury Homes for sale
For the most-up-to-date information on Nashville current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville are posted.

 

See all Luxury Homes.
(all data current as of 11/23/2014)

  1. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  2. 4 beds, 4 full, 1 part baths
    Home size: 5,182 sq ft
    Lot size: 30,492 sqft
    Listed with Zeitlin & Co., Realtors
    Broker reciprocity icon
  3. 4 beds, 4 full, 1 part baths
    Home size: 5,000 sq ft
    Lot size: 1.01 ac
    Listed with Christianson, Patterson, Courtney & Associates
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Preparing to Sell your Nashville Home

 Steps to prepare Your Nashville Home for Sale

509 Leeanne DriveThinking of listing your Nashville home for sale?  Here are a few tips to help your Nashville home show better and sell faster.

  1. Get rid of the excess: Eliminate as much as possible, and then when you think you’ve eliminated, do it again!  Remember when staging your Nashville home for sale, less is best.  As well, keep in mind that you’re going to be moving soon so, consider this, ‘early packing.’  Exchange your personal photos for framed art.  The main idea is to remove as much as possible and replace personal items with neutral objects so that people can imagine their things in the home.
  2. Repair and paint: Before painting, repair all of those minor dings that don’t really bother you, bearing in mind that buyers notice everything.  A missing piece of baseboard, a loose outlet or one that doesn’t work, or a closet door that won’t stay on track all seem minor to you, but they can have a huge effect on how a buyer views your home.  When you’re looking at homes for sale in Nashville or your destination city, you’ll quickly understand the feeling that buyers have–if it looks maintained on the surface, you’ll have confidence that the sellers have maintained the entire home well during the course of their ownership.  The next step is to apply a fresh coat of paint in a neutral color.  Freshly painted walls make a room look cleaner and neutral colors make them appear larger.
  3. Improve the curb appeal: To interest the people who will buy your Nashville home, you need to get them in the door first!  If your house looks bad on the outside, buyers won’t waste their time taking a look at the inside or if they do, they’ll be looking with a more critical eye.  If they do decide that the want to purchase, they’ll often consider the cost of upgrading the landscaping as well as come in with a lower Offer, feeling as though they’re going to have underlying problems, indicated by poor ‘maintenance’–yes, even landscaping.   Improving your curb appeal doesn’t mean you need to hire a landscapers.  It can be as basic as trimming your hedges and trees, especially those closest to your house.  Repair or replace loose porch railings and make sure the exterior paint is not chipping.  If needed, scrape and paint; peeling paint is a real turnoff to buyers.  Keep the lawn mowed.  Put away bikes, toys and garden tools.

Following these simple steps will go a long way to getting your Nashville home sold quickly.

Find out what your Nashville home is worth here

Ready to sell your home?  I can help.  Call me or email me today.

 

Nashville Homes Market Report December 2013

Nashville Home SearchNashville Homes market report December 2013 – Real estate sales continued to increase in Nashville in November with 2287 closings, up a modest 4 percent compared to November of the previous year. Most experts think that the rising prices (up an average of 8 percent), and shrinking inventory are having an impact on home sales in the Nashville area. We don’t really see anything in the near future that would change that trend.

  • 1953 single family Nashville homes sold during the month compared to 1815 last November an increase of 7.6%
  • the median sales price for homes sold was $195,000 compared to $179,900 last November
  • 9369 homes are currently listed in the Nashville MLS as available for purchase, down 7% from last year
  • 2069 homes are currently pending sale
  • the absorption rate of Nashville homes is down to 4.8 months
  • 222 Nashville condos sold during November slightly less than the 238 sold last year
  • the median price of condos sold was $150,000 down from the $152,000 last year
  • year to date closings of Nashville real estate through November are up 18.9% to 28476

Nashville real estate is still in a sellers market and I think it will continue in that mode until interest rates become high enough to discourage buyers. Right now it seems like that will not be in the immediate future. Builders are active, and according to the latest reports, most of the building is going on in Williamson county, Davidson county, and Rutherford county in that order.

Search for Nashville homes for sale here

Nashville Real Estate
….

See all nashville.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,170 sq ft
    Lot size: 9,583 sqft
    Listed with RE/MAX Choice Properties
    Broker reciprocity icon
  2. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
    Broker reciprocity icon
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
    Broker reciprocity icon

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

 

Nashville Luxury Homes November 2013 Market Report

Nashville Luxury Home - Princeton Hills

Nashville home in Brentwood

Nashville luxury homes report November 2013 – 80 homes sold at a price above $750,000 during the month of October. That’s an increase of 45% over October of 2012.  The average price Nashville luxury homes sold during the month was $1,155,245 an increase of 7% during the last 12 months.

  • 80 Nashville luxury homes sold in the month of October, compared to 55 last year
  • the average sales price of Nashville luxury homes listed for more than a $750,000 was $1,155,245
  • the list price to sales price ration of sold homes was 93%
  • the average days on market for sold homes is down to 122 days
  • 748 homes are listed in the Nashville MLS for more than $750.000

The breakdown for neighborhoods with Luxury homes that sold for more that a million dollars are as follows

As you can see, most of the luxury homes sold in the Nashville area are located on the south and west side of the city, or in Brentwood or Franklin. If you would like to start construction on a custom luxury home contact me at your convenience. We can determine the best area and builder for your lifestyle.

Search for Nashville Luxury homes here

Nashville Luxury Homes for sale

For the most-up-to-date information on Nashville current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville are posted.

 

See all Luxury Homes.
(all data current as of 11/23/2014)

  1. 3 beds, 3 full, 1 part baths
    Home size: 4,228 sq ft
    Lot size: 1.94 ac
    Listed with Karen Morgan Realty
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  2. 4 beds, 4 full, 1 part baths
    Home size: 5,182 sq ft
    Lot size: 30,492 sqft
    Listed with Zeitlin & Co., Realtors
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  3. 4 beds, 4 full, 1 part baths
    Home size: 5,000 sq ft
    Lot size: 1.01 ac
    Listed with Christianson, Patterson, Courtney & Associates
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  4. 4 beds, 3 full, 2 part baths
    Home size: 4,552 sq ft
    Lot size: 25,264 sqft
    Listed with Worth Properties LLC
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  5. 4 beds, 4 full, 1 part baths
    Home size: 4,400 sq ft
    Lot size: 33,976 sqft
    Listed with Tree Top Real Estate Group
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  6. 5 beds, 4 full, 1 part baths
    Home size: 5,712 sq ft
    Lot size: 1.25 ac
    Listed with Worth Properties LLC
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  7. 4 beds, 4 full, 2 part baths
    Home size: 5,229 sq ft
    Lot size: 24,829 sqft
    Listed with SilverPointe Properties
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  8. 6 beds, 5 full, 1 part baths
    Home size: 6,127 sq ft
    Lot size: 15,246 sqft
    Listed with Worth Properties LLC
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  9. 4 beds, 4 full, 2 part baths
    Home size: 9,604 sq ft
    Lot size: 2.30 ac
    Listed with Keller Williams Realty
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  10. 5 beds, 3 full, 3 part baths
    Home size: 10,038 sq ft
    Lot size: 1.50 ac
    Listed with Worth Properties LLC
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  11. 4 beds, 3 full, 3 part baths
    Home size: 5,090 sq ft
    Lot size: 3.20 ac
    Listed with Pilkerton Realtors
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  12. 4 beds, 5 full baths
    Home size: 4,567 sq ft
    Lot size: 2.11 ac
    Listed with Worth Properties LLC
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  13. 5 beds, 5 full, 1 part baths
    Home size: 6,333 sq ft
    Lot size: 16,552 sqft
    Listed with Worth Properties LLC
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  14. 4 beds, 3 full, 1 part baths
    Home size: 4,250 sq ft
    Lot size: 22,651 sqft
    Listed with Fridrich & Clark Realty
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  15. 5 beds, 3 full, 2 part baths
    Home size: 6,244 sq ft
    Lot size: 40,075 sqft
    Listed with Fridrich & Clark Realty
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  16. 5 beds, 5 full, 3 part baths
    Home size: 11,328 sq ft
    Lot size: 5.63 ac
    Listed with Fridrich & Clark Realty
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  17. 4 beds, 1 full, 1 part baths
    Home size: 8,076 sq ft
    Lot size: 1.06 ac
    Listed with RE/MAX Elite
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  18. 4 beds, 4 full, 1 part baths
    Home size: 5,618 sq ft
    Lot size: 25,700 sqft
    Listed with Karen Morgan Realty
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  19. 4 beds, 5 full, 1 part baths
    Home size: 6,336 sq ft
    Lot size: 35,283 sqft
    Listed with Platinum Properties of Tennessee, LLC
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  20. 4 beds, 4 full, 2 part baths
    Home size: 5,417 sq ft
    Lot size: 6.85 ac
    Listed with Tim Thompson Premier REALTORS
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  21. 4 beds, 4 full, 2 part baths
    Home size: 4,773 sq ft
    Lot size: 30,056 sqft
    Listed with Fridrich & Clark Realty
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  22. 8 beds, 9 full, 3 part baths
    Home size: 16,050 sq ft
    Lot size: 2.04 ac
    Listed with French King Fine Properties
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  23. 3 beds, 3 full, 1 part baths
    Home size: 4,641 sq ft
    Lot size: 5.27 ac
    Listed with Village Real Estate Services
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  24. 6 beds, 5 full, 1 part baths
    Home size: 5,001 sq ft
    Lot size: 1.65 ac
    Listed with Neal Clayton Realtors, LLC
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  25. 4 beds, 4 full, 1 part baths
    Home size: 4,793 sq ft
    Lot size: 27,442 sqft
    Listed with Worth Properties LLC
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  26. 5 beds, 5 full, 2 part baths
    Home size: 5,595 sq ft
    Lot size: 1.01 ac
    Listed with Fridrich & Clark Realty
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  27. 4 beds, 4 full, 3 part baths
    Home size: 8,359 sq ft
    Lot size: 2.62 ac
    Listed with Fridrich & Clark Realty
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  28. 5 beds, 4 full, 3 part baths
    Home size: 6,869 sq ft
    Lot size: 1.43 ac
    Listed with Fridrich & Clark Realty
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  29. 4 beds, 5 full, 2 part baths
    Home size: 8,083 sq ft
    Lot size: 6.82 ac
    Listed with Village R.E. Services
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  30. 4 beds, 7 full, 2 part baths
    Home size: 19,042 sq ft
    Lot size: 22.54 ac
    Listed with Karen Morgan Realty
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  31. 4 beds, 4 full, 1 part baths
    Home size: 4,855 sq ft
    Lot size: 6.03 ac
    Listed with Fridrich & Clark Realty
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  32. 4 beds, 3 full, 1 part baths
    Home size: 5,564 sq ft
    Lot size: 5.40 ac
    Listed with RE/MAX Elite
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  33. 5 beds, 5 full, 2 part baths
    Home size: 6,879 sq ft
    Lot size: 23,522 sqft
    Listed with The Lipman Group Sotheby's International Realty
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  34. 4 beds, 4 full, 1 part baths
    Home size: 4,232 sq ft
    Lot size: 17,424 sqft
    Listed with Fridrich & Clark Realty
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  35. 5 beds, 5 full, 1 part baths
    Home size: 8,730 sq ft
    Lot size: 42,688 sqft
    Listed with Village Real Estate Services
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  36. 6 beds, 6 full baths
    Home size: 5,200 sq ft
    Lot size: 26,571 sqft
    Listed with Christianson, Patterson, Courtney & Associates
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  37. 5 beds, 5 full, 1 part baths
    Home size: 6,640 sq ft
    Lot size: 1.28 ac
    Listed with Crye-Leike, Inc., REALTORS
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  38. 4 beds, 6 full, 1 part baths
    Home size: 11,311 sq ft
    Lot size: 7.00 ac
    Listed with French King Fine Properties
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  39. 5 beds, 4 full baths
    Home size: 5,793 sq ft
    Lot size: 43,560 sqft
    Listed with RE/MAX Elite
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  40. 7 beds, 6 full, 1 part baths
    Home size: 6,248 sq ft
    Lot size: 23,086 sqft
    Listed with Signature Homes Realty
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  41. 5 beds, 5 full baths
    Home size: 4,850 sq ft
    Lot size: 43,560 sqft
    Listed with Barrington Realty
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  42. 4 beds, 4 full, 2 part baths
    Home size: 5,437 sq ft
    Lot size: 43,124 sqft
    Listed with Zeitlin & Co., Realtors
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  43. 4 beds, 4 full, 1 part baths
    Home size: 4,612 sq ft
    Lot size: 43,560 sqft
    Listed with Fridrich & Clark Realty
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  44. 4 beds, 4 full, 1 part baths
    Home size: 5,000 sq ft
    Lot size: 6,525 sqft
    Listed with Village Real Estate Services
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  45. 5 beds, 5 full, 2 part baths
    Home size: 6,316 sq ft
    Lot size: 1.01 ac
    Listed with The Lipman Group Sotheby's International Realty
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  46. 5 beds, 4 full, 2 part baths
    Home size: 8,249 sq ft
    Lot size: 43,560 sqft
    Listed with Fridrich & Clark Realty
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  47. 4 beds, 5 full baths
    Home size: 4,473 sq ft
    Listed with Fridrich & Clark Realty
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  48. 5 beds, 5 full, 1 part baths
    Home size: 5,229 sq ft
    Lot size: 1.18 ac
    Listed with Benchmark Realty, LLC
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  49. 5 beds, 5 full, 1 part baths
    Home size: 6,980 sq ft
    Lot size: 40,075 sqft
    Listed with Fridrich & Clark Realty
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  50. 4 beds, 4 full, 1 part baths
    Home size: 5,655 sq ft
    Lot size: 2.60 ac
    Listed with Christianson, Patterson, Courtney & Associates
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

Nashville Homes For Sale and November 2013 Market Report

Nashville homesNashville homes market report November 2013 – The median price of homes sold in Nashville during October increased 14% to $200,000 compared to the same month in 2012, according the the Greater Nashville association of Realtors.  The absorption rate of Nashville homes based on recent sales and current inventory is down to 4.9 months making is a sellers market.

  • 2032 Nashville homes sold in October compared to 1917 last year, an increase of 6%
  • the median sales price of Nashville homes sold was $200,000 compared to $175,000 last year, an increase of 14%
  • 281 Nashville condos sold for the month compared to 264 last year a 6% increase
  • The median price for Nashville condos sold in October was $148,000
  • the absorption rate for Nashville real estate is down to 4.9 months signaling a sellers market
  • average days on market is down to 75 days

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See all Nashville Homes.
(all data current as of 11/23/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
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  2. 3 beds, 2 full, 1 part baths
    Home size: 2,545 sq ft
    Lot size: 20,037 sqft
    Listed with Invent Real Estate Group, LLC
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  3. 3 beds, 2 full, 1 part baths
    Home size: 1,996 sq ft
    Lot size: 8,276 sqft
    Listed with Invent Real Estate Group, LLC
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  4. 4 beds, 2 full, 1 part baths
    Home size: 2,195 sq ft
    Lot size: 6,098 sqft
    Listed with Reliant Realty
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  5. 3 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 41,817 sqft
    Listed with Exit Realty Diversified
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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