Nashville Condo’s Market Report April 2012
Nashville Condo Sales April 2012 – Condo sales in Nashville have been improving along with the rest of the real estate market, fortunately for buyers, the overbuilding of the previous market means that the market hasn’t switched into a sellers market yet. The exception would be condos under $300,000 in the Vanderbilt and Green Hills area. Some high demand areas are now getting offers the first day on properties fairly priced.
- 122 Nashville condos sold in April
- the average sales price was $189,731 compared to $181,343 last year
- the average size of condos sold was 1369 square feet with 2 bedrooms and 2 baths
- days on market is down to 102 days
- 153 condos are currently pending sale
- 914 Nashville condos are currently listed in the MLS as available for purchase
As you can tell, prices are starting to rise and with 153 condos pending, availability will become an issue later in the year. I expect the prices of Nashville condos to increase in the next 12 months, so keep that in mind if you are planning to buy or sell.
Search for Nashville condos here
Murfreesboro Homes Market Report for April 2012
Murfreesboro Homes Sales Increase 23 Percent in April 2012 compared to 2011 with 199 closings compared to 162 last year. Murfreesboro homes prices are also on the rise with the average price of homes sold increasing by 4.9 percent from $162,558 to $170,568. It’s a common trend throughout most of the suburbs of Nashville, and the real estate market in middle Tennessee is in rapid recovery.
- 199 Murfreesboro homes sold in the month of April compared to 162 last year
- the average price of homes sold was $170,568 compared to $162,558 last year
- the average days on market for Murfreesboro homes is down to 81
- 289 homes are currently pending sale
- 1082 Murfreesboro homes are currently listed in the Nashville MLS as available for purchase
- the absorption rate of Murfreesboro homes based on April sales is 5 months
Murfreesboro is located approximately 30 miles southeast of Nashville and is the home of Middle Tn State University, the largest in the state with over 20,000 students. I expect home in Murfreesboro to increase in price over the next 12 months.
Search for Murfreesboro homes here
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Nashville Million Dollar Homes Market Report April 2012
Nashville Million Dollar Homes Sales April 2012 – along with the rest of the Nashville real estate market has made a considerable improvement with 22 closing on Nashville homes over a million dollars, compared to just 14 last April. The median sales price for Nashville million dollar homes was $1,470,460 and the average size of homes sold was 7096 square feet. Following are the locations of luxury homes sold in Nashville during the month.
- Annandale in Brentwood with 3 closings
- Belle Meade with 3 closings
- Belmont one closing
- Black Hawk in Williamson county with one closing
- Bridle Way Farms – Williamson county equestrian home
- Cloverland Acres in Brentwood – one home sold
- Dorset Park in Green Hills – one closing
- Five Oaks in Lebanon – one closing
- Forest Hills – one closing
- Golf Club neighborhood – Green Hills
- Governors Club – Brentwood 2 closings
- Kinnard Springs – Franklin one closing
- LaurelBrooke - Franklin 4 closings
- Windstone – Brentwood one closing
As you can see, almost all of the Nashville million dollar homes sold in April were on the south side of Nashville in Belle Meade and Green Hills, or in Williamson county in Franklin and Brentwood. It’s easy to tell that the luxury real estate market is improving based on the increase year over year, but also by the fact that builders are now building luxury homes again. If you would like to build a Nashville luxury home, let me help, It will save you a lot of time and money.
Search for Nashville Luxury homes here
Showing properties 1 – 50 of 331. See more Luxury Homes.
(all data current as of 5/10/2012)
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$2,750,000 : 110 Lynwood Blvd, Nashville
4 beds, 6 full, 1 part bathsHome size: 6,197 sq ftLot size: 2.36 ac
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$1,699,000 : 939 Oak Valley Ln, Nashville
4 beds, 4 full, 2 part bathsHome size: 7,090 sq ftLot size: 1.06 ac -
$2,900,000 : 10 Inveraray, Nashville
3 beds, 4 full, 2 part bathsHome size: 5,435 sq ftLot size: 1.04 ac -
$914,500 : 127 Gillette Dr, Franklin
5 beds, 4 full, 2 part bathsHome size: 7,300 sq ftLot size: 29,620 sqft -
$6,800,000 : 5106 Pickney Dr, Brentwood
5 beds, 6 full, 3 part bathsHome size: 13,944 sq ftLot size: 3.05 ac -
$1,785,000 : 2006 Fransworth, Nashville
4 beds, 4 full, 1 part bathsHome size: 6,045 sq ftLot size: 1.28 ac -
$1,200,000 : 1007 Highland Rd, Brentwood
4 beds, 5 full, 3 part bathsHome size: 5,649 sq ftLot size: 6.85 ac -
$1,095,000 : 737 Vosswood Dr, Nashville
4 beds, 4 full, 1 part bathsHome size: 5,148 sq ftLot size: 43,124 sqft -
$1,395,000 : 4401 Georgian Pl, Nashville
5 beds, 6 full, 1 part bathsHome size: 4,810 sq ftLot size: 1.83 ac -
$949,900 : 1586 Cross Pointe Dr, Brentwood
4 beds, 4 full, 2 part bathsHome size: 5,771 sq ftLot size: 43,560 sqft -
$1,499,000 : 718 Lynnwood Blvd, Nashville
5 beds, 5 full, 2 part bathsHome size: 6,819 sq ftLot size: 37,897 sqft -
$2,950,000 : 13 Colonel Winstead, Brentwood
6 beds, 7 full, 1 part bathsHome size: 14,500 sq ftLot size: 1.13 ac -
$1,169,000 : 251 Chatfield Way, Franklin
5 beds, 5 full, 1 part bathsHome size: 6,668 sq ftLot size: 36,154 sqft -
$1,399,000 : 1200 Vintage Pl, Nashville
5 beds, 4 full, 1 part bathsHome size: 4,474 sq ftLot size: 1.97 ac -
$1,395,000 : 637 Belle Park Circle, Nashville
4 beds, 4 full, 1 part bathsHome size: 5,579 sq ftLot size: 6,969 sqft -
$4,500,000 : 1039 Lynnwood Blvd, Nashville
5 beds, 4 full, 2 part bathsHome size: 9,200 sq ftLot size: 2.08 ac -
$8,850,000 : 540 Jackson Blvd, Nashville
5 beds, 6 full, 2 part bathsHome size: 9,857 sq ftLot size: 3.85 ac -
$3,330,000 : 515 Jackson Blvd, Nashville
5 beds, 5 full, 3 part bathsHome size: 7,817 sq ftLot size: 3.26 ac -
$1,600,000 : 2 Buckland Abbey, Nashville
6 beds, 6 full, 4 part bathsHome size: 11,095 sq ftLot size: 43,560 sqft -
$1,399,000 : 701 Millstone Ln, Nashville
4 beds, 3 full, 1 part bathsHome size: 5,035 sq ftLot size: 20,908 sqft -
$3,100,000 : 4440 Sheppard Pl, Nashville
5 beds, 4 full, 2 part bathsHome size: 7,043 sq ftLot size: 1.36 ac -
$2,575,000 : 4315 Iroquois, Nashville
5 beds, 4 full, 1 part bathsHome size: 7,466 sq ftLot size: 35,719 sqft -
$1,750,000 : 1709 Tyne Blvd, Nashville
3 beds, 3 full, 1 part bathsHome size: 4,641 sq ftLot size: 5.27 ac -
$999,600 : 5408 MCGAVOCK ROAD, Brentwood
4 beds, 3 full, 2 part bathsHome size: 5,128 sq ftLot size: 1.15 ac -
$1,299,000 : 5408 MCGAVOCK ROAD, Brentwood
4 beds, 3 full, 2 part bathsHome size: 5,128 sq ftLot size: 2.61 ac -
$949,900 : 1248 Mary Helen Dr, Nashville
5 beds, 4 full, 1 part bathsHome size: 5,063 sq ftLot size: 1.24 ac -
$1,599,000 : 5007 Mountview Pl, Brentwood
5 beds, 5 full, 2 part bathsHome size: 6,848 sq ftLot size: 3.00 ac -
$1,250,000 : 2045 Lynnwood Dr, Franklin
4 beds, 4 full, 3 part bathsHome size: 5,256 sq ftLot size: 6.97 ac -
$1,398,500 : 3811 Trimble Rd, Nashville
4 beds, 5 full, 1 part bathsHome size: 5,959 sq ftLot size: 37,026 sqft -
$2,450,000 : 3207 Boyd Mill Pike, Franklin
3 beds, 4 full, 1 part bathsHome size: 5,202 sq ftLot size: 23.68 ac -
$985,000 : 3816 Central Ave, Nashville
4 beds, 3 full, 1 part bathsHome size: 4,066 sq ftLot size: 10,018 sqft -
$1,699,000 : 900 Lynnwood Blvd, Nashville
5 beds, 5 full, 3 part bathsHome size: 7,213 sq ftLot size: 24,829 sqft -
$1,275,000 : 525 Grand Oaks Dr, Brentwood
5 beds, 5 full, 1 part bathsHome size: 8,072 sq ftLot size: 36,154 sqft -
$945,000 : 1944 Edenbridge Way, Nashville
5 beds, 4 full, 1 part bathsHome size: 5,124 sq ftLot size: 1.25 ac -
$949,000 : 6218 Brownlee Dr, Nashville
5 beds, 4 full, 1 part bathsHome size: 4,161 sq ftLot size: 1.22 ac -
$1,395,000 : 6130 Robin Hill Road, Nashville
5 beds, 5 full, 1 part bathsHome size: 4,400 sq ftLot size: 17,424 sqft -
$1,990,000 : 1512 Chickering Rd, Nashville
4 beds, 3 full, 2 part bathsHome size: 5,677 sq ftLot size: 6.63 ac -
$1,950,000 : 478 Cotton Lane, Franklin
5 beds, 5 full, 1 part bathsHome size: 6,017 sq ftLot size: 18.72 ac -
$1,399,000 : 4515 Beacon Drive, Nashville
5 beds, 5 full, 1 part bathsHome size: 5,000 sq ftLot size: 17,424 sqft -
$1,545,000 : 601 Lynnwood Blvd, Nashville
5 beds, 4 full, 1 part bathsHome size: 4,244 sq ftLot size: 1.80 ac -
$1,295,000 : 3432 Woodmont Blvd, Nashville
4 beds, 5 full bathsHome size: 4,619 sq ftLot size: 1.81 ac -
$1,319,000 : 435 Lynnwood Blvd, Nashville
5 beds, 3 full, 2 part bathsHome size: 5,557 sq ftLot size: 1.21 ac -
$4,400,000 : 1800 Chickering Rd, Nashville
5 beds, 4 full, 1 part bathsHome size: 5,751 sq ftLot size: 6.41 ac -
$1,295,000 : 2708 VALLEY BROOK PL, Nashville
5 beds, 5 full, 2 part bathsHome size: 5,023 sq ftLot size: 1.15 ac -
$999,000 : 636 Belle Park Circle, Nashville
4 beds, 4 full, 1 part bathsHome size: 4,310 sq ftLot size: 4,356 sqft -
$1,820,000 : 5129 Annesway Dr, Nashville
4 beds, 4 full, 2 part bathsHome size: 8,433 sq ftLot size: 42,253 sqft -
$1,450,000 : 1485 Willowbrooke Cir, Franklin
5 beds, 5 full, 1 part bathsHome size: 6,924 sq ftLot size: 24,829 sqft -
$3,725,000 : 1606 Whispering Hills Dr, Franklin
6 beds, 6 full, 3 part bathsHome size: 9,601 sq ftLot size: 41,382 sqft -
$975,000 : 6 Castlewood Ct, Nashville
6 beds, 4 full, 3 part bathsHome size: 7,648 sq ftLot size: 1.28 ac -
$1,995,000 : 1008 Liberty Church Trl, Brentwood
6 beds, 5 full, 1 part bathsHome size: 7,851 sq ftLot size: 3.38 ac
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Property Tax Prorations
“In this world nothing can be said to be certain, except death and taxes.” Benjamin Franklin.
Property taxes are confusing. When are they due? How are taxes prorated? Why does this settlement statement show a tax proration when I just paid my tax bill?
For most counties and municipalities in Tennessee, property taxes are collected on an annual basis based on the calendar year.
Why do I need title insurance for a newly built home?
Kim explains in her post why you need to be very careful when purchasing a new home, and Title insurance helps take away some of that worry. In the past few years we have seen a lot of builders in financial positions that compromised the buyer of new homes. Don’t let it happen to you.
Nashville Real Estate Sales for March 2012
Nashville Real Estate Market Report March 2012 – Nashville real estate sales continue to improve with 1963 properties closing for the month, that’s an increase of 17 percent over March of last year. The prices of Nashville real estate are starting to climb with the median residential price for a single-family of $168,500 compared to $165,000 last year, condominium prices are still lower at $135,000 this year compared to last year’s $143,000. Pending sales are also up with 2,239 sales pending, compared with 1,910 pending sales at this time last year. The average number of days on the market for a single-family home was 92 days.
The details of Nashville real estate sales are
- 1592 single family homes sold for the month compared to 1412 last year an increase of 13 percent
- 198 condos sold compared to 168 last year, and increase of 18 percent
- 39 Multi-family homes sold compared to 18 last year
- 134 farms sold compared to 72
- the current inventory of Nashville homes is 11,787 compared to 13,465 at this time last year a 14 percent reduction
- 1625 Nashville condos are available compared to 2122 last year, a reduction of 31 percent
The reduced inventory and increased sales should have the typical supply vs demand impact of raising prices of both Nashville condos, and Nashville homes. The trend has been consistent now for many months, and we expect the prices of Nashville real estate to increase for the remainder of the year.
Search for Nashville Real Estate here
For the most-up-to-date information on Nashville current 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 MLS listings come on the market or price reductions in Nashville 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, townhouses, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhouses for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhouses, lofts on our site.
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.
Popular Nashville Neighborhoods
Brentwood Home Sales for March 2012
Brentwood Tn Homes Sales for March 2012 – all you can say is wow, what a change from the past, and what a shock for buyers. Brentwood Tn homes sales are better than anyone expected at this time of year, and new homes in the $400,000 to $500,000 price range are only available on a built to order basis. All of the spec homes in that price range are already sold. I know that it’s confusing to read this, because the media is still telling everyone that the real estate market is slow. They are right for the country as a whole, the real estate market has not recovered, and in some places like Memphis and Detroit, the market looks like it may not recover any time soon. But here in Williamson county, the real estate market is heating up.
- 38 Brentwood Tn homes sold in the month of March
- the average sales price for homes sold was $582,643
- the median sales price was $523,750
- The list price to sales price ratio was 97%
- average days on market for Brentwood homes was down to 91
- 121 Brentwood Tn homes are currently pending sale
- 473 Brentwood Tn homes are listed in the Nashville MLS as available for purchase
If you look at the pending sales of Brentwood Tn homes and the availability of homes listed, you can anticipate what is coming soon to a Brentwood neighborhood near you, price increases. The laws of supply and demand are always the major factor in any market, and the fact is that the inventory levels of homes in Brentwood and Franklin have been shrinking for the past year. The availability of Brentwood luxury homes in the million dollar price range are more common that homes under $500,000.
Search for Brentwood Tn homes here
For the most-up-to-date information on Brentwood tn 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 Brentwood MLS listings come on the market or price reductions in Brentwood 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, townhouses, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Brentwood or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhouses for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhouses, lofts on our site.
information on this page is based on information on single family homes for sale in Brentwood per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteedPopular Nashville Neighborhoods
Crieve Hall Homes Sales for March 2012
Home sales for Crieve Hall for the month of March showed and increase of 50 percent with 12 closings compared to 8 last year. With 11 Crieve Hall homes currently pending sale and another 12 under contingency contract, the absorption rate is down to 3 months and availability of good homes is very limited. The bottom line is that it is no longer a buyers market in Crieve Hall, and buyers need to make quick decisions when they find a home they like.
- 12 Crieve Hall homes sold in the month of March
- the average sales price was $203,454
- the list price to sales price ratio was 97 %
- 26 Crieve Hall homes are listed in the Nashville MLS as available for purchase
- 11 Crieve hall homes are currently pending sale
- 12 Crieve hall homes are under contingency contract at this time
Crieve Hall is located in south Nashville just east of Brentwood. Search for Crieve Hall homes here
For the most-up-to-date information on Crieve Hall 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 Crieve Hall MLS listings come on the market or price reductions in Crieve Hall 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. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Crieve Hall or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.
information on this page is based on information on single family homes for sale in Crieve Hall subdivision in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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P.C. is B.S.
I’m not really known for being particularly politically correct. In fact, I kind of have a reputation for speaking my mind. And yes, it’s gotten me into some trouble over the years. But I wouldn’t want it any other way. When I lay on my deathbed one day, I will be able to look back at my life and say, with no regrets, that I spoke the truth.
Nashville MLS Search
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