Million Dollar Homes in Nashville March 2015 – 26 Nashville homes sold during the month of February 2015 that were listed for more than one million dollars, an increase of 85% compared to the same period last year. The average price of homes sold in this price range was $1,539,218 with the most expensive being $3,225,000. The absorption rate of million dollar homes in Nashville based on February sales is still fairly high at 13.5 months.
- 26 million dollar homes in Nashville sold in the month of February, compared to 14 last year
- the average sales price of homes listed for more than a million dollars was $1,539,218
- the list price to sales price ratio of sold homes was 95%
- the average days on market for sold homes is down to 144 days
- 351 homes are listed in the Nashville MLS for more than $1,000,000
The breakdown for neighborhoods with Luxury homes that sold for more that a million dollars are as follows
- Belle Meade
- Forest Hills
- Governors Club
- Green Hills
- Hampton Reserve
- Stockett Creek
- The Grove
- Tuscany Hills
Million dollar homes in Nashville are selling at a consistent pace, but the inventory levels are still high enough to make is a buyers market for resales, in new construction it’s a sellers market due to a shortage of lots.
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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 million dollar homes come on the market or price reductions in Nashville luxury homes are posted.
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information on this page is based on information on million dollar homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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(all data current as of 8/20/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.