Nashville Million Dollar Homes Market Report July 2012 - 22 homes sold in July that were listed for more than a million dollars, an increase of 37.5%. While the rest of the Nashville real estate market is maintaining a 4 or 5 month absorption rate, Nashville million dollar homes are still at 17 months based on July sales. For those who are planning a purchase, it's good news. If you want to sell a Million dollar home in Nashville, be aware that the days on market is still high at 147 for the homes that sold, and that a lot of inventory is available.
- 22 Nashville Million dollar homes sold in July
- the average sales price of homes listed for over a million dollars was $1,535,522
- 7139 square ft is the average size of homes sold
- 25 Nashville million dollar homes are currently pending sale
- 385 Nashville million dollar homes are listed in the MLS as available for purchase
Nashville Million dollar homes were sold in the following neighborhoods in the month of July
- Annandale
- Avalon
- Belle Meade
- Belle Rive
- Fairvue Plantation
- Governors Club
- Hampton Reserve
- Hill Place
- Mcgavock Farms
- West Meade
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