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Tennhouses

Nashville Real Estate

Larry Brewer

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

Nashville Real Estate For Sale – April 2023 Market Update

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Nashville real estate for sale and April 2023 market report – NashvilleInventory levels are almost triple what they were 12 months ago but the prices are almost the same as they were last March.

  • 2392 homes sold in Nashville during March of 2023 compared to 2948 for the same month last year a reduction of 23%
  • the median sales price for Nashville homes was $465,000 almost the same as last years $461,620
  • 6066 homes are available for purchase at the end of at end of March compared to 2298 last year
  • the absorption rate based on March home sales and available inventory is three months
  • the average days on market for Nashville homes is now 54 days compared to 15 days last year
  • 494 Nashville condos sold during the month compared to 598 for the same month last year
  • the median sales price of Nashville condos was $327,885 compared to $319,690 last year

High interest rates has slowed the Nashville real estate market over the last 12 months however mortgage rates have been slowly coming down in the last few months and some experts expect that to continue. Housing prices has stopped increasing for now and buyers usually have a chance to see homes when they are listed before they make an offer, that was not always the case a year ago. If rates continue to decline we can expect the volume of home sales to pick up and eventually prices will follow.

Search for Nashville Real estate here

information on this page is based on information on Nashville 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 – June 2022

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Nashville Real Estate for sale and May market statistics – Home sales are fairly flat compared to last year sales prices were up 25% and the inventory levels are up considerably.

  • 3209 homes sold in Nashville during May of 2022 compared to 3214 for the same month last year
  • the median sales price for Nashville homes was $$498,785 up from $$400,000 last year, an increase of 24.6%
  • 4114 homes are available for purchase at the end of May an increase of 60% compared to the same period last year
  • the absorption rate based on May home sales is still impressive at a little over one month
  • 558 Nashville condos sold during the month compared to 586 for the same month last year
  • the median sales price of Nashville condos was $340,506 compared to 277,900 last year, an increase of 22.9%

Most experts believe that prices will not continue to rise as quickly as the past few years due to the impact of rising interest rates, and inventory levels are rising a sure sign that the market is slowing.

Search for Nashville Real estate here

information on this page is based on information on Nashville 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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Wades Grove Home – 2006 Sanmar Drive – It’s Sold

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This home is now under contract and scheduled to close soon

Wades Grove home for sale – 6006 Sanmar Drive in Spring Hill Tn 37174.

This home is serviced by top ranked Williamson county schools and is within walking distance of Summit high school, Spring Station middle school, and not quite walking distance but still close to Allendale elementary school. This is a ranch style open floor plan house with all 3 bedrooms on the main floor. Soaring ceilings greet you in the entrance with the formal dining room and great room with a fireplace.

Wades Grove Home

Wades Grove home

Great Room with Fireplace

6006 Sanmar in Wades Grovedownstairs mastermaster bathbonus roomback of home

 

Williamson County TN Real Estate – March 2107

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WIlliamson county homes Williamson county Tn real estate sales continue to increase with February sales up 12% compared to the same month in 2016. Home prices also continue to rise with the median sales price in Williamson county up 13% to $447,868. Inventory levels are still consistently lower than normal with only 1301 homes currently listed and most of those are new homes still under construction.

Sales by Williamson County cities for the month

During the month of February homes sales increased 12 percent over the sale period last year while the inventory levels stayed basically the same, prices increase 13%. We know that lots are getting harder to find in Brentwood and Franklin, so developers and builders are moving into these other areas where they can build more affordable homes. One area of growth that doesn’t really compare is College Grove with the luxury homes being build at Hideaway in Arrington, the Grove, and Falls Grove.

Search for Williamson county TN homes for sale here

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Return to Nashville homes search page

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

 

 

 

Top Franklin Tn Neighborhoods

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The Top Franklin Tn neighborhoods based on number of sales for the first half of 2019 are as follows

  • Westhaven with 132 closings – Franklin’s most popular neighborhood with prices from $375,000 to over $1,750,000
  • Fieldstone Farms with 62 closings, for years the Franklin top neighborhood with homes priced from $200,000 to over $700,000
  • Mckays Mill with 38 closings – average days on market of 38 days these homes sell fast priced from $350,000 to over $600,000
  • Ladd park with 42 closings – homes priced from $400,000 to over $700,000
  • Berry Farms with 22 closings of homes priced from $355,000 to $950,000
  • Stream Valley – 21 closings in the first half of 2019 new Ryan homes from $370,000 to $650,000
  • Sullivan Farms 18 closings from $400,000 to over $550,000
  • Temple Hills – 17 sales a golf community on the north west side of Franklin
  • Clovercroft Preserve – 16 closings between $511,000 and $725,000
  • Franklin Green with 15 closings – priced from $300,000 to over $450,000
  • Avalon – 15 sales with closings from $465,000 to $1,600,000
  • Dallas Downs – 13 affordably priced all brick homes from $325,000 to $500,000
  • Cool Springs East – 12 closings from $400,000 to $750,000 a great location
  • Polk Place – 12 closings of all brick homes close to downtown Franklin $450,000 to $650,000
  • Charonnay – 11 closings from another new construction neighborhood of Turnberry homes from $700,000
  • Forrest Crossing 11 sales with prices from $300,000 to over $500,000
  • Willowsprings 10 closings from $450,000 to $650,000
  • LaurelBrooke – 8 sales in a gated Franklin neighborhood

 

Some of the results here are surprising, but the math really tells you where the Franklin real estate market is right now. New construction homes are leading the way in the Franklin neighborhoods of Westhaven, Ladd Park, and Berry Farms. Resale homes in Fieldstone Farms and Mckays Mill are showing a real shortage of inventory, and some of them have multiple bidders the first few days on the market.

If you would like to search for homes in any of these Franklin neighborhoods, 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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Popular Nashville Neighborhoods

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Nashville homes The top Nashville neighborhoods for Nashville homes based on recent sales

Providence in Mt Juliet and Westhaven in Franklin are the two with the most sales of new construction homes, but east Nashville has become a very busy place with rehabs and tear downs on almost every street it seems. It’ great for young professionals who work downtown, but when schools are important, it’s time to get out of the city. Some are resisting the changes going on, as is always the case with progress, I tend to think most of it’s good. But when developers tear down 100 year old buildings on music row in the middle of the night, you know that they are doing something wrong.

I can help you find your Nashville dream home no matter what your need might be. Give me a call and lets talk about it. 615-512-7853

Search the Nashville MLS here

Return to Nashville homes search page

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

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 in Nashville neighborhoods 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 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.

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