Williamson County Real Estate

Nashville Luxury Home Salesfor October 2011 remained slow with 12 closings. The median price of Nashville luxury homes sold was $1,080,000 and the median listing price was $1,324,812. As you can tell, the asking price to the listing price ratio was much wider than usual, primarily due to one transaction. 385 Nashville luxury homes are currently listed in the Nashville MLS making the absorption rate 32 months.

• 12 Nashville luxury homes were sold in October
• the median sales price was $1,080,000
• the average size on Nashville Luxury homes sold was 6419 square feet
• 385 Nashville luxury homes are available for purchase

I know that they all look great, but I like this one. Elizabeth caught this one from a Nashville rooftop earlier this year.

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

 Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you.  If you’re searching for Nashville foreclosures in Nashville or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site.  And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Nashville subdivision in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

This is a tough one for people to understand, everybody wants a deal, and they don't know it when they see it. They all are. I have just as many buyers looking for homes today as I did 5 years ago, and all of them say the same thing. I want a deal. Well the truth is that every home right now is a deal compared to several years ago, just like the stock market. It's very difficult to find a home that's overpriced and get an appraiser to go along with it.

Find the home you love, understand that because of market conditions, it's priced considerably below what it was 5 years ago, and be happy that you made a good decision.

In Nashville, most homes are selling at 10 to 15 percent below 2006 prices, but in some areas, they haven't gone down at all. But remember that Nashville didn't have the big run up in prices that some areas in the west and northeast, so prices of Nashville homes really didn't have far to fall.

Nashville Luxury HomesSales for the month of August were up 180 percent compared to August of 2010.

• 28 Nashville Luxury homes sold in August of 2011 compared to 10 in August of 2010
• the average price of Nashville luxury homes sold in August was $1,306,939 compared to $1,112,140 in 2010 and increase of 17.5 percent
• the average size of Nashille luxury homes sold was 6555 square feet compared to 7020 square feet in 2010
• average days on market for homes sold was 129
• The average list price to sales price ratio for Nashville luxury homes was 90 percent compared to 91 percent last year
• 22 Nashville Luxury homes are currently pending sale
• 421 Nashville Luxury homes are currently listed in the Nashville MLS as available for purchase
• the absorption rate for Nashville Luxury homes based on August sales and current inventory is 15 months

As you can see by these statistics, luxury homes in Nashville are selling a lot faster than they were last year at this time, but inventory levels are still higher than normal allowing buyers to negotiate a favorable price. Neighborhoods with the largest selection of luxury homes are

• Annandale - located in Brentwood on the Williamson county line with new custom homes ranging in price from $800,000 to $3,000,000
• Belle Meade - more of an area than a neighborhood located on the west side of Nashville composed of what was originally the Belle Meade plantation with luxury homes up to $19,000,000
• the Governors Club is a gated community in Brentwood with an Arnold Palmer designed 18 hole golf course and custom homes from $800,000 to over $7,000,000.
• LaurelBrooke is a gated community on the north side of Franklin in Williamson county with luxury homes from $700,000 to $4,000,000
• Hill Place in the Belle Meade area with custom luxury homes from $1,200,000 to $5,000,000
• Princeton Hills in Brentwood with custom homes priced from $800,000 to over $3,000,000, the location of the battle of the barrels during the civil war
• Mcgavock Farms - located next to the top public high school in Tennessee Brentwood high across the street from Princeton hills and walking distance to Brentwood country club, Granny white park, and just 1/2 mile to downtown Brentwood. Custom luxury homes from $800,000 to $2,000,000
• Oak Hills - located just north of Forest Hills and east of Green Hills in Davidson county, Oak Hills has a mixture of new customs homes and older estates on magnificent grounds.
• Forest Hills - located next to Brentwood and Oak Hills, Forest Hills is known for mature trees and large estate lots with a mixture of newer custom homes and older estates.
• Green Hills - convenience is the word for Green Hills, it's close to everything in downtown Nashville, as well as the mall at Green Hills. Most of the luxury homes in Green Hills are the result of tearing down and older home and replacing it with a new custom. Green Hills homes are priced from $300,000 to over $5,000,000.

Search for Nashville luxury homes here

Speechless Sunday - one of the things that doesn't surprise realtors in Nashville but buyers are always distracted by rooms like this.

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

Wordless Wednesday - a Saturday at Arrington Vineyards during perfect summer weather is a great place for launching a few hot air balloons.

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

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