Nashville Luxury Homes For Sale - November 2016

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Nashville Luxury HomeNashville luxury homes - 61 Nashville luxury homes sold during October of 2016 compared to 31 for the same period last year, an increase of 97% year over year. The average price of luxury homes sold during October was $1,784,579. For the record, I'm considering luxury homes in Nashville as homes over one million dollars in asking price.

  • 593 Nashville luxury homes are listed in the Nashville MLS
  • 48 Nashville luxury homes are currently under contract
  • the list price to sales price ration of homes sold in this price range was 96%
  • The absorption rate for Nashville luxury homes based on October sale and current inventory is 10 month

The breakdown for neighborhoods with Nashville luxury homes that sold in during October was

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. With the growth of Nashville and the surrounding areas projected to average around 50,000 people per year for the next 20 years, you can expect an increase in luxury homes sales to continue to increase along with the population.

  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.      

  1. 4 beds, 3 full, 3 half baths
    Home size: 5,170 sq ft
    Lot size: 1.01 ac
    Year built: 2017
    Listed with Christianson, Patterson, Courtney & Associates
    Broker reciprocity icon
  2. 5 beds, 5 full, 1 half baths
    Home size: 5,835 sq ft
    Lot size: 40,510 sqft
    Year built: 2016
    Parking spots: 3
    Listed with Tarkington & Harwell Company, LLC
    Broker reciprocity icon
  3. 5 beds, 4 full, 2 half baths
    Home size: 5,411 sq ft
    Lot size: 10,800 sqft
    Year built: 2016
    Listed with The Realty Association
    Broker reciprocity icon
  4. 4 beds, 5 full, 1 half baths
    Home size: 7,886 sq ft
    Lot size: 25.10 ac
    Year built: 1994
    Parking spots: 2
    Listed with French King Fine Properties
    Broker reciprocity icon
  5. 4 beds, 4 full, 2 half baths
    Home size: 5,155 sq ft
    Lot size: 11,648 sqft
    Year built: 1995
    Parking spots: 3
    Listed with Benchmark Realty, LLC
    Broker reciprocity icon
  6. 5 beds, 4 full baths
    Home size: 3,951 sq ft
    Lot size: 7,840 sqft
    Year built: 2016
    Parking spots: 2
    Listed with Village Real Estate Services
    Broker reciprocity icon
  7. 4 beds, 4 full, 1 half baths
    Home size: 5,328 sq ft
    Lot size: 1.06 ac
    Year built: 1983
    Parking spots: 2
    Listed with Christianson, Patterson, Courtney & Associates
    Broker reciprocity icon
  8. 4 beds, 4 full, 1 half baths
    Home size: 4,047 sq ft
    Lot size: 1.39 ac
    Year built: 1955
    Parking spots: 3
    Listed with Fridrich & Clark Realty
    Broker reciprocity icon
  9. 4 beds, 4 full, 1 half baths
    Home size: 4,920 sq ft
    Lot size: 21,780 sqft
    Year built: 2016
    Parking spots: 3
    Listed with Keller Williams Realty
    Broker reciprocity icon
  10. 4 beds, 4 full, 1 half baths
    Home size: 4,920 sq ft
    Lot size: 21,780 sqft
    Year built: 2016
    Parking spots: 3
    Listed with Keller Williams Realty
    Broker reciprocity icon

 

See all Nashville Homes.
(all data current as of 11/21/2016)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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Rainmaker
1,400,184
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

This is a very informative post. Thank you for sharing and best of luck!

Nov 20, 2016 11:59 PM #1
Rainmaker
910,514
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Thanks for the comment Jeremy,  I was a little surprised to see the increase compared to last year, but it's all good.

Nov 21, 2016 12:32 AM #2
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Rainmaker
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Larry Brewer - Benchmark Realty llc

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