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Tennhouses

Nashville Real Estate

Larry Brewer

Office 615-371-1544 - Mobile 615-512-7853

Homes for Sale in Franklin TN – November 2018

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Franklin TN Homes for Sale – It feels like sales are slowing, but the closings or October were still very strong for this late in the year. The prices of closed homes are still coming in at very close to list price but the average days on market is now up to 37 days. The absorption rate based on October sales and current inventory is still only 3 months.

  • 194 homes sold in the month of October compared to 179 for the same month in 2017
  • the median price of homes sold during the month was $538,105 compared to $516,000 for October of 2017, and increase of 4.2%
  • the median size of homes was 2,908 square feet compared to 2974 last year
  • the median price per square foot of homes sold during the month was $188 compared to $173 for the same period in 2017
  • the list price to sales price ratio of homes sold was 98.5%
  • the average days on market is up to 37 days
  • 568 Franklin TN homes are currently listed in the Nashville MLS for sale, with many of those homes still under construction
  • 162 homes are under contract at this time

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

Franklin TN is located just 20 miles south of downtown Nashville along I-65 in Williamson county. Blessed with a restored historic square and main street, Franklin has a lot of old world charm as well as attractions for those who enjoy fantastic shopping and dining in the Cool Springs area of Franklin. Fortune 500 businesses have also found that the Williamson county tax structure and a highly educated workforce make Franklin a very desirable location. It helps that Williamson county schools are the top ranked schools in the state, and several of the schools are ranked nationally in many publications. Find Franklin TN homes for sale here.

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

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Homes for Sale Brentwood TN – November 2018

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Brentwood HomeBrentwood TN Homes for sale – October 2017 market update – Brentwood homes are still in a sellers market, with 63 closings during the month of October, an increase of 46% over October of 2017. The median price of Brentwood homes sold during October was $775,000 compared to $585,000 the previous year, an increase of 32% in the 12 month period. The median price per square foot increased only 6% to $182.

  • 84 Brentwood TN homes are currently under contract waiting to close
  • 194 Brentwood homes are listed in the Nashville MLS as available for purchase
  • the absorption rate of based on October sales and current inventory is 3 months
  • the median size of homes sold was 4339 square feet
  • the average days on market for homes sold was 43 days
  • the list price to sales price ratio for homes sold in October was 97%

Search for Brentwood TN homes for sale here

Brentwood is located just south of Nashville in Williamson county and is known for low taxes, great schools, and large lots with mature trees. Access to the best shopping and dining in the area at Cool Springs is just minutes away. We have had a shortage of homes in Brentwood and it’s taking a long time for new construction homes to catch up to the demand. If you want a new home in Brentwood, give me a call, I can help you find the right builder and neighborhood to meet your needs.

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For the most-up-to-date information on Brentwood TN 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 homes come on the market or price reductions in the Nashville MLS are posted.

Search for Brentwood TN homes for sale here, and call your Brentwood real estate resource Larry Brewer Benchmark realty 615-512-7853

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Homes for Sale in Spring Hill TN – October 2018

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Homes for sale in Spring Hill TN – The market is shifting in favor of buyers for the first time in many years with the impact of higher home prices as well as higher interest rates finally starting to impact the market. The average price of homes sold during the month of September was up 6.7% compared to the same month in 2017, but the number of sales decreased 35 percent.

  • The average price of Spring Hill homes sold was up 6.7% to $343,804
  • 90 homes sold in September compared to 122 homes sold in September of 2017, an decrease of 35%
  • The list price to sales price ratio of sold homes was 99% for the month
  • 280 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
  • 112 homes are currently under contract pending sale, most are new homes waiting for completion
  • the average price per square foot for Spring Hill homes sold during the month of September was $153 compared to $138 for the same period last year, an increase of 11%

Investors seem to have backed away from aggressive buying in Spring Hill but prices are still rising, just at a slower pace. Homes in Spring Hill TN are now averaging $153 per square foot compared to $197 in Franklin. 

Some of the more popular Spring Hill neighborhoods include

Search for Spring Hill homes for sale here.

Spring Hill TN Homes for Sale

 

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For the most-up-to-date information on Spring Hill TN homes, 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 Spring Hill listings come on the market or price reductions in Spring Hill TN homes are posted.

information on this page is based on information on Spring Hill real estate 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

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Nashville Real Estate – October 2018

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Nashville real estate  –Nashville homes Home sales are moving a little bit slower now with the rising interest rates and higher prices being the most logical reason for the change. Whatever it is, it’s taking longer to sell homes now that it did last year, but we still are far from being a balanced market with an absorption  rate of only 3 months. The median price of homes sold in September increased 3.5% year over year to $290,000 according the Greater Nashville association of Realtors.

  • 2732 homes closed during the month of September compared to 3008 for the same month last year
  • 8847 homes are currently listed for sale and not under contract in the Nashville MLS
  • the median price of Nashville homes sold was $290,000 compared to $280,000 the previous September
  • the absorption rate of homes based on September sales and current inventory is still only 3 months
  • The median price of Nashville condos decreased 2.4% to $218,150
  • The absorption rate of condos in Nashville based on September sales and the current inventory is less than 3 months

Nashville real estate is still in an active sellers market with most of the more affordable homes selling quickly, but the higher priced homes are now available for longer periods of time. The market is shifting back to a balanced market as more people are having second thoughts about moving when they have to give up their low interest rate mortgages for one that will likely be at a higher interest rate.

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Nashville Homes for Sale

Find the value of your Nashville home here Nashville real estate values,

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. 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

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Franklin Luxury Home For Sale – 4648 Haislip Ct

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Franklin luxury home for sale – This gated, updated sprawling estate home in Franklin, TN sits on almost 3 acres on a private cul-de-sac. You feel like you are in the country yet have all the conveniences just minutes away. The open floor plan showcases a  fantastic kitchen with Kitchenaid appliances, a large island, plenty of storage, and is open to the large breakfast area and the family room with a fireplace, you could see how this area would be the center of most family gatherings. The beautiful 19×16 master bedroom suite on the main floor has extensive molding and hardwood floors a gorgeous master bath and views of the private back yard. Check out the man cave and the 4 car garages, it’s not your cookie cutter home that you find in most neighborhoods.

We're sorry, but we couldn't find MLS # 1967061 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Search for Franklin luxury homes for sale here

Should People In Their 20’s Buy a Home

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Nashville homeIn reading an article from realtor.com about buying your first home, I was appalled at the scary down payment numbers they are giving people. The old and tired 20% down payment advise just doesn’t apply in this low interest environment. Many people are shocked to find out after years of saving for this goal that it wasn’t the smartest thing to do.

Most people can get loans for their first home with no more than 5% down payment. Waiting for years to save up the extra money to meet that 20% goal on homes that are rising in value means that you lost out on the equity increase that comes with home ownership (in most cases). You might find out that after years of saving the house you wanted cost a lot more and interest rates have increased, making your house payment higher that it would have been if you had financed it with a lower down payment years earlier.

Be smart, call Larry Brewer, I’ll help you buy your first Nashville home, and probably your second one down the road. Buying a home can be an easy process if you have a professional on your side.

And in my opinion you should consider buying a home if you’ve been renting for more than one year. It’s not for everyone, but in most cases it’s more economical than renting.

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Nashville Homes for Sale

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