Nashville Million Dollar Home Sales July 2011 – 16 homes sold in Nashville for the month of July that was listed for over $1,000,000 compared to 22 homes in the previous July. I’m sure the strange action in the stock market this summer had a lot to do with it, but you can never tell what buyer of Luxury homes are concerned about when they decide to purchase a new home. 13 Nashville million dollar homes are currently pending sale and an amazing 398 homes are currently listed in the Nashville MLS for more that a million dollars. That makes the current absorption rate of Nashville million dollar homes almost 25 months. The buyers market still exists for Nashville luxury homes.
- 16 Nashville million dollar homes sold in July 2011
- the average sales price of Nashville million dollar homes sold was $1,472,658
- the average size of homes in Nashville over a million dollars was 7,199 square feet
- the average price to sales ration of Nashville million dollar homes was 92 percent
Participation in the market of homes sold over a million dollars includes the following neighborhoods
- Belle Meade with 3 homes sold during July
- Green Hills with 3 million dollar homes sold
- The Governors Club in Brentwood with 2 homes sold
- Princeton Hills in Brentwood with 2 homes sold
- Forest Hills with one home
- Oak hill with one
- Hillwood with one
- Hillsboro park with one
- LaurelBrooke with one
The real estate market for Nashville million dollar homes seemed to be picking up momentum until late this summer, and my guess is that the economic activity in Europe and the stock market here had a lot to do with slowing it down. As you can see from the statistics, it’s still a buyers market for Nashville million dollar homes.
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(all data current as of 9/19/2019)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Other Nashville Neighborhoods
|Belle Meade||Burton Hills||Carronbridge|
|Courtside||Cool Springs||Dallas Downs|
|Evergreen||Falcon Creek||Fieldstone Farms|
|Forest hills||Forrest Crossing||Franklin Green|
|Governors Club||Green Hills||Laurelbrooke|
|Ladd Park||Mcgavock Farms||Mckays Mill|
|Newport Crossing…||Brentwood Pointe…||Polk Place|
|Princeton Hills||Providence||Raintree Forest|
|Riverwalk||Sullivan Farms||Sylvan Park|
For the most-up-to-date information on Nashville Million Dollar 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 MLS listings come on the market or price reductions in Nashville Million dollar homes are posted.
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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.