Nashville Luxury Homes - September 2018 Update

Real Estate Agent with Benchmark Realty LLc License# 00285925

Nashville luxury homes for sale - Luxury nashville NeighborhoodWith the rest of the Nashville market highly favoring the sellers, the market is a lot more balanced in this price range. Luxury homes in Nashville are averaging 47 days on market compared to just 25 days for all of home sales in the Nashville area. For this article, we are considering luxury homes as homes priced at $800,000 or more with at least 3000 square feet, the average price of homes sold in this category during July was $1,241,540.

  • 829 Nashville luxury homes are currently listed in the Nashville MLS
  • 123 Nashville luxury homes are currently under contract
  • 143 luxury homes sold during the month of July 2018 compared to 149 for the same month last year
  • the list price to sales price ration of homes sold in this price range was 99.2%
  • the average price per square foot of luxury homes sold in Nashville for July was $253
  • the average size of homes sold in this category was 5085 square feet
  • the average price of luxury homes sold during July was $1,241,540

The breakdown for some of the most active neighborhoods with Nashville luxury homes that sold in during July 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 Nashville luxury homes here

Nashville Luxury Homes  

For the most-up-to-date information on Nashville luxury 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. 5 beds, 4 baths
    Home size: 5,836 sq ft
    Lot size: 1.12 ac
    Year built: 2005
    Listed with Pilkerton Realtors
    Broker reciprocity icon
  2. 4 beds, 4 baths
    Home size: 4,422 sq ft
    Lot size: 10,018 sqft
    Year built: 2015
    Listed with Pilkerton Realtors
    Broker reciprocity icon
  3. 5 beds, 7 baths
    Home size: 9,387 sq ft
    Lot size: 20.00 ac
    Year built: 2010
    Listed with Zeitlin Sothebys International Realty
    Broker reciprocity icon
  4. 4 beds, 6 baths
    Home size: 7,753 sq ft
    Lot size: 37,897 sqft
    Year built: 2008
    Listed with Worth Properties LLC
    Broker reciprocity icon
  5. 5 beds, 3 baths
    Home size: 4,081 sq ft
    Lot size: 10,018 sqft
    Year built: 1929
    Listed with PARKS
    Broker reciprocity icon
  6. 4 beds, 5 baths
    Home size: 5,283 sq ft
    Lot size: 25,700 sqft
    Year built: 2015
    Listed with Benchmark Realty, LLC
    Broker reciprocity icon



  1. 4 beds, 6 baths
    Home size: 4,037 sq ft
    Lot size: 13,068 sqft
    Year built: 2018
    Listed with PARKS
    Broker reciprocity icon
  2. 5 beds, 5 baths
    Home size: 5,496 sq ft
    Lot size: 21,344 sqft
    Year built: 2013
    Listed with VILLAGE
    Broker reciprocity icon



See all Luxury Homes.
(all data current as of 9/20/2018)

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

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Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Larry, my daughter goes to college at Lipscomb and she rents a home pretty close to campus. That area is booming and prices shooting through the roof.

Sep 20, 2018 01:54 PM #1
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Hi Larry

Great report on the luxury housing market in Nashville to give both buyers and sellers a good feel for what's happening. Next step is a call to you for expert guidance and assistance with their buying and selling decisions.


Sep 20, 2018 03:57 PM #2
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Larry Brewer - Benchmark Realty llc

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