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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 9/18/2020)

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

 
 

Homes for Sale in Franklin Tn – July 2020

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Homes for sale in Franklin Tn – Franklin TN HomeThe number closings in June were up 39% compared to May but still down 13% compared to June of last year showing the the housing recovery from the virus is happening very quickly. We still have a shortage of inventory in Franklin and most of the Nashville area.

    • 461 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time
    • 263 homes closed during the month of June, up 39% compared to May but down 13% compared to the same month last year
    • 482 homes are currently under contract at this time
    • the average sales price for Franklin TN homes sold during the month of June was $638,197 at $209 per square foot
    • the list price to sales price ratio for homes sold in June was 99%

 

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 are 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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(all data current as of 9/18/2020)

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

 
 

Franklin TN Homes for Sale – June 2020

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Franklin TN HomeFranklin TN homes for sale – The lock down due to the Wuhan virus scare had a large impact on sale of homes in Franklin TN during the month of May where closings were down by 33% compared to the same month last year. Do not be mislead into thinking it had any impact on the prices of homes, because the average price per square foot of homes sold went up 3% to $210. Pending sales are very strong at this point and it looks like the summer will be very active.

    • 531 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time
    • 189 homes closed during the month of May, down 33% from last year
    • 398 homes are currently under contract at this time
    • the average sales price for Franklin TN homes sold during the month of May was $609,043 at $210 per square foot
    • the list price to sales price ratio for May was 99%

 

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 are 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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See all Real estate matching your search.
(all data current as of 9/18/2020)

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

 
 

Westhaven Homes For Sale – May 2020

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WesthavenWesthaven Homes for sale in Franklin TN – 22 homes sold during the month of April 2020 at an overage price of $768,031. Even with the virus scare, buyers were buying and builders were building in Westhaven. The number of homes closed during the month was down, but prices were higher than the same month last year.

  • $256 – the average price per square ft of homes sold during April
  • $768,031 – the average price of homes sold during the month
  • 100.47% – the list price to sales price ratio of homes sold during the month
  • 54 – Average days on market for homes sold during the month
  • 36 – Westhaven homes are currently pending sale
  • 81 –  Westhaven homes are currently listed in the Nashville MLS but most are still under construction

Westhaven homes in Franklin Tn have been the one of the most popular neighborhood in Williamson county and all of middle Tennessee for several years.

Search for Westhaven homes in Franklin TN for sale

 

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For the most-up-to-date information on Westhaven homes in Franklin TN, 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 Westhaven listings come on the market or price reductions in Nashville real estate are posted. Information on this page is based on information on single family homes for sale in Westhaven 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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See all Westhaven.
(all data current as of 9/18/2020)

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

 
 

Franklin TN Homes for Sale – April 2020 Update

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205 Corey DriveFranklin TN homes for sale – Most of the closings for April were for homes that were under contract before we had any virus concerns, so they were still quite active. Expect a considerable reduction in sales in the next month, but not a reduction in prices. Sellers are not in a hurry to list their homes at this time and most are waiting it out to improve their chances of getting top dollar.  Interest rates were very volatile during the end of March and beginning of April, but they are back down to less than 4% for most loans at this time. I understand that loans over $1,000,000 are a little more difficult if you are in that market.

  • 488 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time
  • 201 homes close during the month of March, up slightly over the same month last year at 195
  • 208 homes are currently under contract at this time
  • the average sales price for Franklin TN homes sold during the month of March was $616,241 at $210 per square foot
  • the list price to sales price ratio for March was 100%

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 are 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

  • List View
  • Map View

See all Real estate matching your search.
(all data current as of 9/18/2020)

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.

  • List View
  • Map View

See all Franklin.
(all data current as of 9/18/2020)

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

 
 
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