Nashville Luxury Homes October 2014

Nashville Luxury Homes October 2014 – 27 homes sold in Million dollar and higher category during the month of September, exactly the sale as last year. The absorption rate of million dollar homes in Nashville based on September sales is now up to 16 months making it a buyers market.

• the average sales price of Nashville luxury homes sold was $1,396,442
• the list price to sales price ratio of Nashville luxury homes sold was 94%
• the average days on market for sold homes is down to 87 days
• 435 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

• Annandale
• Belle Meade
• Belle Rive
• Belmont
• Brass Lantern
• Brownstones
• Forest Hills
• Green Hills
• Hill Place
• Ivan Creek
• Laurelbrooke
• Oak Hill
• Westhaven

Nashville luxury homes are selling at a consistent pace, but the inventory levels seem to be increasing instead of decreasing, keeping prices down in most areas.

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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 luxury homes listings come on the market or price reductions in Nashville are posted.

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(all data current as of 9/21/2023)

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