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
- Belle Meade
- Belle Rive
- Brentwood Country Club
- Carolina Close
- Fairvue Plantation
- Forest Hills
- Governors Club
- Green Hills
- Mcgavock Farms
- Oak Hill
- Princeton Hills
- Radnor Glen
- River Oaks
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.
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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.
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(all data current as of 9/17/2014)
$1,325,000 : 5237 Lysander Ln, Brentwood5 beds, 5 full, 2 part bathsListed with Brentview Realty Company
$1,499,900 : 107 Guineveres Retreat, Franklin8 beds, 8 full, 1 part bathsListed with Berkshire Hathaway HomeServices Woodmont Realty
$13,500,000 : 2467 HIDDEN RIVER LANE, Franklin4 beds, 7 full, 2 part bathsListed with Karen Morgan Realty
Listing information deemed reliable but not guaranteed. Read full disclaimer.