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Nashville Luxury Homes Market Report for January 2012 – shows that activity is increasing in the catagory with 16 closings compared to 10 the previous January. The average sales price for Nashville luxury homes was also up significantly to $1,798,565 compared to $1,115,120. What these statistics are telling us is that not only are more Nashville million dollar homes being sold, but multi-million dollar homes are now starting to sell.
The most expensive home sold was 18,000 square feet and located in Green Hills. The selling price was $5,300,000. Two homes sold in Laurelbrooke, a gated community in Franklin for over $3,000,000, and 2 luxury homes sold in Annandale in Brentwood. For home buyers who are new to the area, almost all of the Nashville luxury homes are sold in areas directly south and west of Nashville in Belle Meade, Brentwood, and Green Hills.
Search for Nashville luxury homes here
Showing properties 1 - 50 of 278. See more Luxury Homes.
(all data current as of 2/3/2012)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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Nashville Luxury Homes Sales for September 2011 were spread out between the areas of west Nashville in Belle Meade and northern Williamson county in Brentwood and Franklin. Sales are still exceptionally slow with 13 closings of Nashville luxury homes for the month, this is just 3.4 percent of the available luxury homes, or a 29 month absorbtion rate. 13 luxury home closings is exactly the same as last September, so the market is stable but slow. Here is the breakdown of Nashville luxury home sales by area
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One of the upscale
communities in Nashville TN is Belle Meade.
One treasured property is the Belle Meade Plantation, which has lots of history.
The current listings in Belle Meade range from 1,955 square feet to 20,533 square feet.
Prices range from $400,000 (probably a fixer upper) to an $19,500,000 estate.
The current listings were built 1915 to 2009.
Many city executives live in this area as the lawns are spacious, the location is very convenient, and it is an impressive address. There is a quick commute to downtown Nashville, Vanderbilt University and Medical Center, Brentwood TN, the Nashville International Airport, and other city locations.
Click the logo to see current listings:
Some sellers require their listing agent to be present at showings, and therefore, an advance appointment is required. Also, a proof of funds to close letter, or mortgage preapproval letter, is often required before viewing of the home is approved. This is to the buyer's advantage, as well as the seller's, as your offer has much more credence, should you want to make one.
Need a private banker? Contact Tom Snyder, Nashville Bank & Trust, 615) 515-1704, or email Tom.
A fun website: http://homesoftherich.net
Email John or Sarah Rummage, American Realty Resources, Nashville TN for more imformation on these listings, or others.
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Belle Meade Tennessee a wealthy neighborhood located just minutes southwest of downtown Nashville, made "Bloomberg's" top-50 list of most expensive small towns in America.
The historic blue blood suburb of Belle Meade with a population of about 2,900 residents is well known in for its mansions and old money.
The median household income in Belle Meade is $232,500, according to the U.S. Census Bureau 2005-2009 estimates. The median home value of this prestigious neighborhood is $1,064,338 with a year over year average home price change of +8%....now this is the place for a positive real estate investment, if you have the entry fee. Belle Meade is considered to be one of the safest neighborhoods in Nashville.
Former Vice-President Al Gore owns a home in Belle Meade, along with a number of other notable elite residents. This scenic area has large, private estates and horse trails, and is close to beautiful Cheekwood botanical gardens and to the Warner Parks complex, which has a nature center, hiking trails, equestrian facilities, golf courses, and athletic fields. The town is also home to the Belle Meade Plantation, a 30-acre historic site that was a horse farm with a mansion built in 1853.
Please give me a call at 615-289-4141 or drop me an email if you would like to learn more about this wonderful area, or to schedule a private showing of the available homes for sale in this great upscale community of Belle Meade. Please be sure to visit my Nashville Real Estate website and view the available homes that Belle Meade has to offer, or search other Nashville TN Real Estate.
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Sales of Nashville Luxury homes for the month of December continued to be consistently strong with 14 closings at an average sales price of $1,541,267. This compares to 19 closings of Nashville luxury homes clising in December of 2009 at an average price of $1,329,298. As you can tell, the average price of Luxury home sales in Nashville is up 16 percent. A little more information is the average size of Nashville luxury homes sold in December is up from 6822 square ft to 8098 square ft.
Communities with luxury home sales in December include LaurelBrooke with 4 closings, the Governors Club with 2 closings, Windstone with 2 closings, Annandale with one closing, Hampton reserve with one closing, Belle Meade with one closing, Warner Park with one closing, Equistrian property in Franklin. search for Nashville Luxury real estate here
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