Sylvan Park Homes – February 2017

Sylvan Park Homes for Sale and Market Report – 5 Sylvan Park homes closed in the month of January with an average price of $492,780. With only 17 Sylvan Park homes currently for sale, the current absorption rate based on January sales is 3 months, but that is really misleading, because almost none of the homes currently listed were available in January, and the actual days on market for sold homes was only 34 days, meaning they were under contract almost immediately.  It would be stating the obvious that Sylvan Park is in a sellers market.

• 5 Sylvan Park homes sold in January
• the average sale price was $492,780
• the average size of homes sold was 1797 square feet making the average price per square ft $292
• 17 homes are listed in the Nashville MLS as available for purchase
• the absorption rate is 3 months
• the average days on market is down to 34, meaning that most homes are under contract within a couple of days after being listed
• the list price to sales price ratio for January was 99.5%

Sylvan Park is very popular with young professionals who want to live close to downtown Nashville but don’t want the condo lifestyle of a highrise. Most of the homes are cottages build in the 1940, and 1950’s with small yards and mature trees, or new homes built after tearing down an old cottage.

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For the most-up-to-date information on Sylvan Park 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 Sylvan Park MLS listings come on the market or price reductions in Sylvan Park 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. 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.