Downtown Nashville Condo Sales: January and February 2010 Market Report
This month I am combining the January and February Downtown Nashville Condo Sales into one post. There were lots of downtown Nashville condo sales and I am splitting them up into two tables. The first table shows all of the condo sales minus those at the Icon. Here it is:
|
Address |
Sub/Dev |
BR |
Baths |
Yr Blt |
Stories |
Sq Ft |
LP/SF |
List Price |
SP/SF |
Sales Price |
DOM |
|
222 Polk Ave #603 |
Watauga Condominium |
1 |
1 / 0 |
1900 |
1.00 |
1,024 |
$122.07 |
$125,000 |
$112.30 |
$115,000 |
81 |
|
832 1ST AVE N |
RIVERFRONT CONDO |
2 |
1 / 1 |
1986 |
1.00 |
1,000 |
$125.50 |
$125,500 |
$115.00 |
$115,000 |
34 |
|
2115 Yeaman Place #415 |
5th & Main |
2 |
2 / 0 |
2008 |
1.50 |
785 |
$165.61 |
$130,000 |
$165.61 |
$130,000 |
0 |
|
700 Church St Apt 603 |
Bennie Dillon Condo |
1 |
1 / 0 |
1926 |
1.00 |
786 |
$209.80 |
$164,900 |
$203.44 |
$159,900 |
49 |
|
320 11th Avenue South #412 |
Velocity in the Gulch |
1 |
1 / 0 |
2009 |
1.00 |
621 |
$289.69 |
$179,900 |
$289.69 |
$179,900 |
0 |
|
301 Demonbreun St. |
Encore |
1 |
1 / 0 |
2008 |
1.00 |
744 |
$255.24 |
$189,900 |
$259.41 |
$193,000 |
125 |
|
415 Church St Apt 1303 |
Viridian Condominium |
1 |
1 / 0 |
2006 |
1.00 |
735 |
$258.50 |
$190,000 |
$247.62 |
$182,000 |
27 |
|
700 12th Ave. South |
Terrazzo |
1 |
1 / 0 |
2009 |
1.00 |
891 |
$223.34 |
$199,000 |
$223.34 |
$199,000 |
49 |
|
415 Church St #1410 |
Viridian |
1 |
1 / 0 |
2006 |
1.00 |
731 |
$273.46 |
$199,900 |
$254.45 |
$186,000 |
76 |
|
309 CHURCH ST # 504 |
Exchange |
2 |
1 / 1 |
2005 |
1.00 |
950 |
$210.42 |
$199,900 |
$205.26 |
$195,000 |
49 |
|
221 South 11th Street |
mc3 |
1 |
1 / 1 |
2008 |
2.00 |
964 |
$209.54 |
$202,000 |
$209.54 |
$202,000 |
0 |
|
415 Church St Apt 1810 |
Viridian Condominium |
1 |
1 / 0 |
2006 |
1.00 |
731 |
$293.98 |
$214,900 |
$280.44 |
$205,000 |
38 |
|
239 5th Avenue North #504 |
Kress Lofts |
1 |
1 / 1 |
1900 |
1.00 |
970 |
$225.77 |
$219,000 |
$216.49 |
$210,000 |
153 |
|
415 Church Street, #2903 |
VIRIDIAN |
1 |
1 / 0 |
2006 |
1.00 |
735 |
$317.01 |
$233,000 |
$287.07 |
$211,000 |
183 |
|
700 12th Avenue So. |
Terrazzo |
1 |
2 / 0 |
2009 |
1.00 |
1,103 |
$226.65 |
$250,000 |
$226.65 |
$250,000 |
78 |
|
320 11th Avenue South #134 |
Velocity in the Gulch |
2 |
2 / 0 |
2009 |
1.00 |
960 |
$290.63 |
$279,000 |
$290.63 |
$279,000 |
0 |
|
320 11th Avenue South #200 |
Velocity in the Gulch |
1 |
1 / 0 |
2009 |
1.00 |
865 |
$323.70 |
$280,000 |
$323.70 |
$280,000 |
0 |
|
900 20Th Ave S Apt 1112 |
The Adelicia Condomi |
1 |
1 / 0 |
2007 |
1.00 |
806 |
$357.32 |
$288,000 |
$344.29 |
$277,500 |
153 |
|
309 Church St #609 |
Exchange Lofts |
2 |
1 / 1 |
2005 |
6.00 |
2,000 |
$152.50 |
$305,000 |
$155.00 |
$310,000 |
195 |
|
320 11th Avenue South #542 |
Velocity in the Gulch |
2 |
2 / 0 |
2009 |
1.00 |
1,135 |
$299.56 |
$340,000 |
$299.56 |
$340,000 |
0 |
|
415 CHURCH ST APT 2915 |
VIRIDIAN CONDOMINIUM |
2 |
2 / 0 |
2006 |
1.00 |
1,100 |
$322.64 |
$354,900 |
$305.09 |
$335,600 |
51 |
|
700 12th Ave So. |
Terrazzo |
2 |
2 / 0 |
2009 |
1.00 |
1,515 |
$237.62 |
$360,000 |
$246.20 |
$373,000 |
48 |
|
1510 Demonbreun St # 1208 |
Rhythm At Music Row |
2 |
2 / 0 |
2009 |
1.00 |
1,333 |
$348.76 |
$464,900 |
$337.51 |
$449,900 |
70 |
|
900 20Th Ave S Apt 901 |
Adelicia |
2 |
2 / 0 |
2007 |
1.00 |
1,829 |
$376.71 |
$689,000 |
$349.92 |
$640,000 |
57 |
|
Average |
|
1.42 |
|
1994 |
1.3 |
1,013 |
$254.35 |
$257,654 |
$247.52 |
$250,741 |
63 |
This next table shows only condo sales at the Icon in the Gulch:
|
Address |
BR |
Baths |
Yr Blt |
Stories |
Sq Ft |
LP/SF |
List Price |
SP/SF |
Sales Price |
|
600 12th Avenue South #508 |
1 |
1 / 0 |
2008 |
1.00 |
614 |
$244.14 |
$149,900 |
$244.14 |
$149,900 |
|
600 12th Avenue South #414 |
1 |
1 / 0 |
2008 |
1.00 |
620 |
$241.77 |
$149,900 |
$241.77 |
$149,900 |
|
600 12th Avenue South #407 |
1 |
1 / 0 |
2008 |
1.00 |
614 |
$244.14 |
$149,900 |
$244.14 |
$149,900 |
|
600 12th Avenue South #614 |
1 |
1 / 0 |
2008 |
1.00 |
620 |
$241.77 |
$149,900 |
$241.77 |
$149,900 |
|
600 12th Avenue South #409 |
1 |
1 / 0 |
2008 |
1.00 |
611 |
$245.34 |
$149,900 |
$245.34 |
$149,900 |
|
600 12th Avenue South #816 |
1 |
1 / 0 |
2008 |
1.00 |
620 |
$245.16 |
$152,000 |
$245.16 |
$152,000 |
|
600 12th Avenue South #530 |
1 |
1 / 0 |
2008 |
1.00 |
614 |
$281.76 |
$173,000 |
$281.76 |
$173,000 |
|
600 12th Avenue South #430 |
1 |
1 / 0 |
2008 |
1.00 |
609 |
$284.07 |
$173,000 |
$284.07 |
$173,000 |
|
600 12th Avenue South #801 |
1 |
1 / 0 |
2008 |
1.00 |
614 |
$293.16 |
$180,000 |
$293.16 |
$180,000 |
|
600 12th Avenue South #1612 |
1 |
1 / 0 |
2008 |
1.00 |
639 |
$281.69 |
$180,000 |
$281.69 |
$180,000 |
|
600 12th Avenue South #532 |
1 |
1 / 0 |
2008 |
1.00 |
609 |
$298.85 |
$182,000 |
$298.85 |
$182,000 |
|
600 12th Avenue South #632 |
1 |
1 / 0 |
2008 |
1.00 |
609 |
$298.85 |
$182,000 |
$298.85 |
$182,000 |
|
600 12th Avenue South #428 |
1 |
1 / 0 |
2008 |
1.00 |
614 |
$301.30 |
$185,000 |
$301.30 |
$185,000 |
|
600 12th Avenue South #630 |
1 |
1 / 0 |
2008 |
1.00 |
614 |
$304.56 |
$187,000 |
$304.56 |
$187,000 |
|
600 12th Avenue South #830 |
1 |
1 / 0 |
2008 |
1.00 |
614 |
$305.37 |
$187,500 |
$305.37 |
$187,500 |
|
600 12th Avenue South #1812 |
1 |
1 / 0 |
2008 |
1.00 |
639 |
$295.77 |
$189,000 |
$295.77 |
$189,000 |
|
600 12th Avenue South #1112 |
1 |
1 / 0 |
2008 |
1.00 |
639 |
$297.34 |
$190,000 |
$297.34 |
$190,000 |
|
600 12th Avenue South #1412 |
1 |
1 / 0 |
2008 |
1.00 |
639 |
$300.47 |
$192,000 |
$300.47 |
$192,000 |
|
600 12th Avenue South #531 |
1 |
1 / 0 |
2008 |
1.00 |
675 |
$288.89 |
$195,000 |
$288.89 |
$195,000 |
|
600 12th Avenue South #1114 |
1 |
1 / 0 |
2008 |
1.00 |
824 |
$257.16 |
$211,900 |
$257.16 |
$211,900 |
|
600 12th Avenue South #639 |
1 |
1 / 0 |
2008 |
1.00 |
845 |
$278.11 |
$235,000 |
$278.11 |
$235,000 |
|
600 12th Avenue South #1716 |
1 |
1 / 0 |
2008 |
1.00 |
710 |
$332.00 |
$235,720 |
$332.00 |
$235,720 |
|
600 12th Avenue South #1914 |
1 |
1 / 0 |
2008 |
1.00 |
824 |
$314.32 |
$259,000 |
$314.32 |
$259,000 |
|
600 12th Avenue South #1702 |
1 |
1 / 0 |
2008 |
1.00 |
845 |
$307.69 |
$260,000 |
$307.69 |
$260,000 |
|
600 12th Avenue South #628 |
1 |
1 / 0 |
2008 |
1.00 |
845 |
$322.96 |
$272,900 |
$278.11 |
$235,000 |
|
600 12th Avenue South #2105 |
1 |
1 / 0 |
2008 |
1.00 |
808 |
$358.91 |
$290,000 |
$358.91 |
$290,000 |
|
600 12th Avenue South #738 |
2 |
2 / 0 |
2008 |
1.00 |
1,143 |
$271.13 |
$309,900 |
$271.13 |
$309,900 |
|
600 12th Avenue South #1011 |
1 |
1 / 0 |
2008 |
1.00 |
945 |
$328.04 |
$310,000 |
$328.04 |
$310,000 |
|
600 12th Avenue South #1611 |
1 |
1 / 0 |
2008 |
1.00 |
945 |
$333.33 |
$315,000 |
$333.33 |
$315,000 |
|
600 12th Avenue South #1511 |
1 |
1 / 0 |
2008 |
1.00 |
945 |
$333.33 |
$315,000 |
$333.33 |
$315,000 |
|
600 12th Avenue South #1211 |
1 |
1 / 0 |
2008 |
1.00 |
945 |
$335.45 |
$317,000 |
$335.45 |
$317,000 |
|
600 12th Avenue South #1113 |
1 |
1 / 0 |
2008 |
1.00 |
945 |
$337.57 |
$319,000 |
$337.57 |
$319,000 |
|
600 12th Avenue South #1911 |
1 |
1 / 0 |
2008 |
1.00 |
945 |
$343.92 |
$325,000 |
$343.92 |
$325,000 |
|
600 12th Avenue South #1413 |
1 |
1 / 0 |
2008 |
1.00 |
945 |
$345.08 |
$326,100 |
$345.08 |
$326,100 |
|
600 12th Avenue South #641 |
2 |
2 / 0 |
2008 |
1.00 |
1,323 |
$310.96 |
$411,400 |
$306.80 |
$405,900 |
|
600 12th Avenue South #1415 |
2 |
2 / 0 |
2008 |
1.00 |
1,298 |
$327.43 |
$425,000 |
$327.43 |
$425,000 |
|
600 12th Avenue South #1715 |
2 |
2 / 0 |
2008 |
1.00 |
1,298 |
$346.69 |
$450,000 |
$346.69 |
$450,000 |
|
600 12th Avenue South #2007 |
1 |
1 / 0 |
2008 |
1.00 |
1,890 |
$322.22 |
$609,000 |
$322.22 |
$609,000 |
|
600 12th Avenue South #2211 |
2 |
2 / 0 |
2008 |
1.00 |
1,305 |
$651.34 |
$850,000 |
$651.34 |
$850,000 |
|
Average |
1.13 |
2008 |
1 |
830 |
$319.55 |
$265,228 |
$318.21 |
$264,115 |
The Icon in the Gulch Condo Sales totally dominated the Downtown Nashville Condo Market during the January and February 2010 months. I'm really glad to see so many condo sales in downtown Nashville; however, given the recent auctions and our continued slow market, I still question whether or not these condos will hold their value in the short term (3-5 years). I do think that in the long run (10+ years) they will be fine. Just be sure to make a sensible decision when determining which unit and which building to purchase in!
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If you are interested in selling or finding a home in Green Hills, Downtown, 12th South, or Oak Hill area of Nashville, or would like to look at other real estate for sale in the Middle Tennessee area, please search the MLS HERE. Please note: You will have to register with my site to be able to search the MLS. I will contact you initially and all requests thereafter for privacy will be respected.
Looking to move? Wanting to Invest? Need help as a First Time Buyer? Please feel free to call me, Emily Lowe (yes, I'm a Realtor, with The Lipman Group Sotheby's International Realty) at 615.509.1753
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