Luxury Homes in Nashville August 2015

By
Real Estate Agent with Benchmark Realty 00285925

Nashville Luxury HomeNashville luxury homes for sale and August 2015 market report - 59 Nashville luxury homes sold during the month of July 2015, compared to 45 during July of 2014, an increase of 31%. The median sales price of Nashville luxury homes was $1,286,000, and the average size of luxury homes sold was 6448 square feet

  • 470 Nashville luxury homes are listed in the Nashville MLS
  • 36 Nashville million dollar homes are currently pending sale
  • The absorption rate for Nashville luxury homes based on May sales and current inventory is down to 8 months
  • the median list price to sales price ratio for luxury homes during July was 93%

The breakdown for neighborhoods with Nashville luxury homes that sold in July are

The best luxury homes in the million dollar and over price range are now getting a lot of activity and it looks like this will be the best year for luxury home builders in many years. It's probably no surprise to some that during the summer months we start to see sales of homes on the lake in Hendersonville and Gallatin, since Old Hickory is the only lake in the area with personal boat docks.

Find your Nashville luxury home here 

For the most-up-to-date information on Nashville 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.  

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The Brewer team

Benchmark Realty

 

 

 

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great information...thanks for sharing it...have a pleasant Sunday too!

Aug 15, 2015 11:38 PM #1
Rainmaker
2,432,043
Captain Wayne - Rowlett Real Estate School
REcampus Fully Accredited Florida ONLINE & Classroom Training in Destin, Pensacola Florida - Panama City Beach, FL
Rowlett Real Estate School / Owner and Instructor

Thank you for the market update!  Keep up the good work!

Aug 17, 2015 11:34 AM #2
Rainmaker
215,151
The Brewer Team - Benchmark Realty
Benchmark Realty - Franklin, TN

Hi Kristin - thanks for stopping by, we did have a great Sunday

Captain Wayne - the market has been really good here for luxury homes, and I expect it to stay that way for a few years. The federal reserve will eventually put a halt to it like they always do.

Aug 19, 2015 10:09 PM #3
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Rainmaker
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The Brewer Team - Benchmark Realty

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