Nashville Million Dollar Home Sales June 2011 - Were up compared to mays 17 closings and last years 20 closings with 23 Nashville million dollar homes sold for the month. The average price was $1,590,639 compared to last years average of $1,264,981, for those of you who don't wantto test out your calculator, that's a 26 percent increase in the prices of Nashville luxury homes sold. Of course that doesn't mean that the value of every luxury home in Nashville went up 26 percent, but what it does mean is that the buyer interested in purchasing a Nashville million dollar home is willing to spend a little more than they did at this time last year. We are far from calling the luxury home market in Nashville a sellers market, because as you can see, we still have a 23 month supply of homes listed at over $1,000,000 based on June sales.
- 23 Nashville million dollar homes sold in June
- the average price of home sold was $1,590,639
- the average days on market was 141
- the average size of Nashville million dollar homes sold was 7011 square feet
- 11 Nashville million dollar homes are currently pending sale
- 400 Nashville million dollar homes are currently listed in the Nashville MLS as available for purchase
For a more specific breakdown, here are the neighborhoods represented with sales of Nashville million dollar homes in June.
- 4 million dollar homes sold in Green Hills
- 4 Million dollar homes sold in LaurelBrooke in Franklin
- 4 million dollar homes sold in Belle Meade
- 2 million dollar homes sold in Annandale in Brentwood
- 1 sold in Arundel in Green Hills
- 1 sold in Avalon in Franklin
- 1 sold in Brass Lantern in Brentwood
- 1 sold in Forest Hills
- 1 sold in the Governors club in Brentwood
- 1 sold in Hampton Reserve in Brentwood
- 1 sold in Hillwood
- 1 sold in Oak Hill
- 1 sold in Radnor Glen in Brentwood
- 1 sold in Gallatin on old Hickory lake
Almost all of the million dollar homes sold in Nashville were on the south side of the city in Green Hills, Oak hill, Belle Meade, Franklin, or Brentwood. Click on the button or the link if you would like to search for Nashville million dollar homes, or give me a call, I would be glad to help.
Larry - Wow, there were a lot of million dollar home sales in Nashville.
Michelle - I agree, and I want to sell a lot more of them this year. I believe that if we could change back to what we had as far as political parties are concerned, the market would take off.
In agreement with Michelle - Congrats to the Nashville area for a good amount of Million Dollar Plus closings!