Green Hills Homes Prices Increase for December 2011

Green Hills Homes Prices Increase for December 2011 – The market for Green Hills homes is changing quickly with more of the higher priced homes selling even though the total volume hasn’t changed at all with 22 closings for the month of December. The average price of Green Hills homes sold in December was $658,840 compared to $499,421 last December, an increase of 32 percent. The median price of the same homes and time show an increase of 29 percent to $549,500 compared to $425,000 last year.

The average size of Green Hills homes sold in December was 3739 square feet compared to 3268 square feet last year. 31 Green Hills homes are currently pending sale or under contract and 163 homes are listed in the Nashville MLS as available for purchase. The absorption rate of Green Hills homes based on December sales is down to 7 months. The list price to sales price ration for Green Hills homes is now 97 percent. The market is quickly changing from a buyers market to a seller’s market, and for people who have been waiting to purchase, the best prices are behind you.

22 Green Hills homes sold for December 2011 the same as December last year
the average sales price was $658,840 compared to $499,421
the median price was $549,500 compared to $425,000
the size of homes sold was 3739 compared to 3268
31 Green Hills homes are currently under sales contract
163 Green Hills homes are currently listed in the Nashville MLS as available for purchase

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For the most-up-to-date information on Green Hills current 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 Green Hills MLS listings come on the market or price reductions in Green Hills 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 Green Hills or neighboring 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 Green Hills subdivision in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.