Nashville luxury homes for sale and August 2015 market report – 59 Nashville luxury homes sold during the month of July 2015, compared to 45 during July of 2014, an increase of 31%. The median sales price of Nashville luxury homes was $1,286,000, and the average size of luxury homes sold was 6448 square feet
- 470 Nashville luxury homes are listed in the Nashville MLS
- 36 Nashville million dollar homes are currently pending sale
- The absorption rate for Nashville luxury homes based on May sales and current inventory is down to 8 months
- the median list price to sales price ratio for luxury homes during July was 93%
The breakdown for neighborhoods with Nashville luxury homes that sold in July are
- Belle Meade
- Forest Hills
- Franklin Equestrian
- Franklin Historic
- Governors Club
- Green Hills
- Hampton Reserve
- Leipers Fork
- Magnolia Vale
- Mcgavock Farms
- Morgan Farms
- Oak Hill
- Princeton Hills
- Stockett Creek
- The Grove
- Tyne Meade
- West Meade
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. It’s probably no surprise to some that during the summer months we start to see sales of homes on the lake in Hendersonville and Gallatin, since Old Hickory is the only lake in the area with personal boat docks.
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(all data current as of 2/26/2024)
Listing information deemed reliable but not guaranteed. Read full disclaimer.