Nashville Luxury Homes - January 2017 Market Report

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Nashville Luxury homeNashville luxury homes - 47 Nashville luxury homes sold during December of 2016 compared to 57 for the same period last year. The average price of luxury homes sold during December was $1,417,752. The least expensive was $1,000,000 and the most expensive was $2,828,000.

  • 522 Nashville luxury homes are listed in the Nashville MLS
  • 52 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 December sales and current inventory is 11 months

The breakdown for neighborhoods with Nashville luxury homes that sold in during December 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.

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Tennessee Davidson County Nashville
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Larry Brewer - Benchmark Realty llc

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