Williamson County Real Estate: December 2010

Nashville real estate sales for November were disappointing with 1,326 Nashville homes closeing for the month, according to figures provided by the Greater Nashville Association of REALTORS®.

This is down 32.8 percent from the 1,973 Nashville closings in November of 2009. Year-to-date Nashville real estate closings through November are 18,750, a 4.2 percent decrease from 2009 when 19,571 closings were reported through November.

There were 1,623 Nashville real estate sales pending at the end of the month, compared with 1,742 pending sales at this time last year. The average number of days on the market for a  home in Nashville was 98 days. The median residential price for Nashville homes during November was $165,000, compared with last year’s median price of $158,500, and increase of 4 percent. As you can see, the number of homes sold is less than last year, but the prices of Nashville real estate is starting to increase.

• 1326 Nashville homes closed in November
• 18,750 Nashville homes have closed year to date, down from 19,571 in 2009
• 1623 Nashville homes are currently pending
• the average days on market for Nashville homes sold in November was 98
• the average price for Nashville homes sold in November was $165,000 up 4 percent over November 2009

Search for Nashville real estate here

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, Murfreesboro, and the middle Tennessee area

1554 Sunset rd Brentwood Tn - Custom built by Botsko builders , all brick 9939 square ft luxury Brentwood home on 5.5 acres. Attention to detail is everywhere you look

• custom floating staircase
• A heated in-ground pool with jacuzzi
• waterfall
• second story library with a porch and fireplace
• 25x16 owners suite with fireplace, domed ceiling, and master bath with heated marble floors
• Marvin windows and doors for low maintenance and energy efficiency
• 5 zoned hvac systems for comfort and economy
• 4 car garage on the east end of the house
• plus a basement set up to store 13 cars in a heated and cooled environment with tile floors.
• 31x16 bonus room with hardwood floors, a wet bar, and a convertible
• Kohler sinks and faucets throughout
• 700 pound chandelier above 23 ft entrance with electric lift for cleaning and bulb replacement
• extensive crown molding throughout the home
• marble floors in entrance, breakfast, kitchen and baths for low maintenance and elegance
• custom cabinets throughout
• full home audio system
• jacuzzi tub in guest bath
[youtube=http://www.youtube.com/watch?v=5ZQx1yONrzo&fs=1&hl=en_US]

This magnificient Brentwood luxury home is located 6 miles east of I-65 at Concord rd, and just one mile from the Governors club on Sunset rd, and would be considered a bargain in a typical neighborhood, but with 5.5 acres of hilltop treed privacy, it's really special. for more information on 1554 Sunset rd, click on the link here

Belle Meade homes sold in November was as follows

• 7 Belle Meade homes sold in November
• the average cost of Belle Meade homes sold in November was $714,560
• the average size of homes sold in Belle Meade was 3319 square feet
• the average days on market for homes sold in Belle Meade was 120 days
• 3 Belle Meade homes are currently pending
• The most expensive Belle Meade home sold in November was $1,405,925
• The most expensive Belle Meade home currently listed for sale is $3,850,000

Search for Belle Meade homes here

Merry Christmas everyone - I had a chance to see this clip recently and I thought it was a good time to share it with the bloggers in the rain. I hope everyone has an opportunity to share the holiday with family and friends, if you know or see a veteran today give them a thanks for all they have done.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, Murfreesboro, and the middle Tennessee area

It's Christmas time, and those of us who live in Franklin tn or the surrounding areas of Brentwood, Green Hills, Nashville, and Spring Hill have a lot of holiday sights and Festivals to enjoy every year. Every year Franklin closes the streets to allow pedistrians to enjoy the sights by foot without the fear of becoming a bumper sticker.

Providence home sales for November were fairly impressive with 10 closings. The average days on market for Providence homes was 92, and the average price for homes sold in Providence was $251,302. At this time, 58 Providence homes are currently pending, and almost all are under construction. With only 44 Providence homes available for purchase, you can see that homes in this community are not following the typical real estate market trends. Search for Providence homes here.

• 10 Providence homes close in November
• 58 Providence homes are currently pending
• 44 Providence homes are currenly available for purchase
• the absorbtion rate for Providence homes is 4 months
• the average price of homes sold in Providence was $251,302

Providence is a planned community of homes and townhomes located east of Nashville in the city of Mt Juliet. With convenient shopping and dining, as well as a short commute to downtown Nashville or the Nashville International airport, Providence has become the most popular neighborhood in the Nashville area. Search for Providence homes for sale here

I'm telling my buyers that they had better move fast, because the shake up in Washington will have a positive impact on the business environment, in turn investors are moving from bonds to stocks, drive the yields up. What does all of that mean, mortgage rates are rising fast.

Westhaven homes sold in November were once again very strong with 8 closings. The average sales price for Westhaven homes sold was $497,634. The average days on market for homes sold in Westhaven was 96.

As you can see, Westhaven homes are not in a typical slowdown that we normally see in a buyers market.

• 8 Westhaven homes sold for the month of November
• 16 Westhaven homes are currently pending
• the average price of homes sold in Westhaven is $497,634
• the average size of homes sold in Westhaven was 2910 square ft
• 82 Westhaven homes are currently listed in the Nashville MLS as available for purchase

To search for Westhaven homes for sale click here

Wordless Wednesday - I was invited to see It's a Wonderful Life" at the Belcourt Cinema recently, and I was surprised to see this Historical marker on the building. I knew it had been around for years, but not this long. Kudos for those who fought to save it.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, Murfreesboro, and the middle Tennessee area

Green Hills Real Estate sales for November were still better than most would expect. 27 Green Hills homes closed during the month at as average price of $719,578. The average size of homes sold in Green Hills was 4128 square ft, and the average days on market was 97. Green Hills real estate has a current absorbtion rate of 8 months, anything over 6 months absorbtion is considered by many experts a buyers market.

• 27 Green Hills real estate homes were sold in November
• 15 Green Hills real estate homes are currently pending
• the average size of homes sold in Green Hills was 4128 square ft
• the average days on market for Green Hills real estate was 97 days
• 211 Green Hills homes are currently listed in the Nashville MLS as available for purchase.
• the most expensive Green Hills real estate sold in November was $3,025,000

Search for Green Hills real estate here