Providence Homes Market Report July 2011 - With 21 homes sold in the month of July, Providence is still one of the most active neighborhoods in Nashville. Located just 9 miles east of the Nashville international airport on I-40, Providence has been the most popular community for new homes for the past two years. With local shopping and dining at the entrance to the community, and easy access to I-40 and downtown Nashville, I expect Providence to be popular for many years to come. Search for Providence homes here
- 21 Providence homes sold in July 2011
- the average sales price of homes in Providence was $255,185
- the average days on market was 63
- the average size of homes sold in Providence for July was 2281 square feet
- 26 Providence homes are currently pending sale
- 59 Providence homes are listed in the Nashville MLS as available for purchase
- the absorption rate for Providence homes is less than 3 months
search for Providence homes here
Larry - It's great that homes are in Providence are selling and going under contract.
Michelle - Thanks for the comment, I believe tha affordable cost of new homes and the easy commute to downtown Nashville is the reason for the popularity of Providense. Of course it didn't hurt when the Department of transportation widened the interstate to 4 lanes all the way to Lebanon, helping the commute from the east side of town.
Very nice DOM in Providence! I see your comment to Michelle and now I know why Providence is such a popular community!
Ok - I understand why people move to Providence, but for those who don't, here it is, it's convenient and affordable. Those two things don't usually go together.