Nolensville Homes Market Report February 2012 - February is usually one of the slowest months of the year for real estate sales, and this year may turn out to be more of the same, but if it is, the rest of the year will be really busy. 17 Nolensville homes sold in February this year, compared to 11 last year, an increase of 55%. The average sales price for Nolensville homes was $294,150 and the average days on market was down to 53.
All of this is great, but the real indication of what's happening in Nolensville is the 75 homes that are pending sale. Consider that only 128 Nolensville homes are listed as available for purchase, and 52 of those are still under construction. Nolensville is a new home construction market with most of the homes being sold before they are finished.
- 17 Nolensville homes sold in February 2012
- the average sales price is $294,150
- average days on market was 53
- 75 Nolensville homes are currently pending sale
- 128 Nolensville homes are listed in the Nashville MLS as available for purchase with 52 of those still under construction at this time
- the absorption rate of Nolensville homes is 7 months based on February sales
Nolensville has become a fairly busy small town lately as property in Brentwood has become too expensive to build affordable homes. A lot of people are driving just a few more feet down Sunset road to Nolensville in an attempt to get a better value. It wasn't too long ago when you were very likely to find tractors driving down Nolensville road to pickup a load of feed at the Nolensville feed store. The biggest concern for long term buyers will be the schools, but Williamson county schools have always been able to manage increases in attendance and build new schools when necessary. Sunset elementary and Sunset middle school have a good track record so far.
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For the most-up-to-date information on Nolensville 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 Nolensville MLS listings come on the market or price reductions in Nolensville are posted.
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information on this page is based on information on single family homes for sale in Nolensville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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