Nashville Luxury Home

Nashville Luxury Homes – October 2017

Nashville luxury homes for sale Kitchen in a Nashville Luxury homeWith the rest of the Nashville market highly favoring the sellers, the market is a lot more balanced in this price range. Million dollar homes in Nashville are averaging 84 days on market compared to just 27 days for all of home sales in the Nashville area.

  • 525 Nashville luxury homes are listed in the Nashville MLS
  • 98 Nashville luxury homes are currently under contract
  • the list price to sales price ration of homes sold in this price range was 96%
  • the average price per square foot of luxury homes sold in Nashville for October was $264
  • The absorption rate for Nashville luxury homes based on October sales and current inventory is 9 months

The breakdown for neighborhoods with Nashville luxury homes that sold in during October 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.

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Find Nashville luxury homes here

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.

 

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