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Nashville Luxury Homes For Sale – September 2020 Update

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Nashville luxury homes for sale – Nashville luxury homeDuring the month of August we had a considerable amount of luxury home sales in the Nashville area including Brentwood and Franklin with 182 closings for the month compared to 135 for the previous August, an increase of 35% year over year. I’m considering any residential home or condo over $1,000,000 to be a luxury home in this area.

  • The average sales price of luxury homes during the month was $1,507,869 an increase of 11% compared to August of 2019
  • 548 Nashville luxury homes are currently listed in the Nashville MLS
  • 345 Nashville luxury homes are currently under contract
  • 182 luxury homes sold during the month of August 2019 compared to 135 for the same month last year
  • the list price to sales price ration of homes sold in this price range was 97.54%
  • the average price per square foot of luxury homes sold in Nashville for August was $289
  • the average size of homes sold in this category was 5171 square feet

The breakdown for some of the most active neighborhoods with Nashville luxury homes that sold in during July was

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. Luxury home buyers are moving here from all over the country and they are looking at homes here that are much more affordable than most on the west coast or the northeast.

Find Nashville luxury homes here

 

For the most-up-to-date information on Nashville luxury 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.

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(all data current as of 9/20/2020)

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

 
 

Top 10 Franklin TN Neighborhoods in 2020

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The Top Franklin Tn neighborhoods based on number of sales for the first half of 2020 are as follows

  • Westhaven  Franklin’s most popular neighborhood with prices from $400,000 to over $1,750,000
  • Fieldstone Farms  for years the Franklin top neighborhood with homes priced from $250,000 to over $700,000
  • Mckays Mill in the Cool Springs area the homes sell fast priced from $400,000 to over $600,000
  • Ladd park  – homes priced from $500,000 to over $800,000
  • Berry Farms  homes priced from $400,000 to $950,000
  • Stream Valley – Ryan homes from $370,000 to $650,000
  • Sullivan Farms  $400,000 to over $550,000
  • Clovercroft Preserve – $585,000 to $725,000
  • Dallas Downs – affordably priced all brick homes from $325,000 to $500,000
  • Polk Place –  all brick homes close to downtown Franklin $450,000 to $650,000
  • Forrest Crossing 11 sales with prices from $300,000 to over $500,000

 

The Corona virus has an impact on listings with a lot of people working from home, many can’t deal with having people viewing homes while they are trying to do their jobs, not to mention the issue of children at home due to no school. Sales of new construction homes are very active and prices are rising as you would expect. Some resale homes that are vacant have had multiple offers the first day on market and many are selling above list price.

If you would like to search for Franklin Tn homes, just click on the links, or give me a call.

For the most-up-to-date information on Franklin 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 Franklin MLS listings come on the market or price reductions in Franklin are posted.

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

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(all data current as of 9/20/2020)

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

 
 

Top Ten Spring Hill TN Neighborhoods

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Spring Hill TN HomeThe top ten Spring Hill TN neighborhoods for the first quarter of 2020 are as follows in order of total number of closings

  • Wades Grove – an all brick neighborhood of single family homes from $360,000 to $475,000
  • Arbors @ Autumn Ridge – custom homes from $450,000 to $569,000
  • Cherry Grove – a mixture of older and new custom homes $439,000 to $650,000
  • Wyngate – older homes from the late 1990’s to 2006 from $250,000 up to $399,000
  • Brixworth – new homes from $420,000 up to $650,000
  • Autumn Ridge – new custom homes up to $500,000 to $800,000
  • Copper Ridge – Ryan homes built in 2016 to 2020  priced from $299,000 to $400,000
  • Haynes Crossing – homes built from 2002 to 2007 priced from $278,000 to $350,000
  • Chapmans Retreat – homes from $265,000 to $370,000
  • Wakefield – John Maher homes built from 2003 to 2011 priced from $259,000 to $360,000

All of these homes are on the Williamson county side of Spring Hill and have the benefit of being serviced by highly ranked Williamson county schools. Click on the name of any of these neighborhoods to see all the available properties or click here to search for all Spring Hill homes.

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

Spring Hill TN is located just 30 miles south of downtown Nashville along I-65 in Williamson county just south of historic Franklin.

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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(all data current as of 9/20/2020)

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

 
 
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