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Special Weather Alert from the City of Oak Hill in Nashville!

As a resident of Oak Hill I received this email today, January 29, 2010 with regards to our current (and beautiful!) snowy conditions...
Special Weather Alert
On Thursday afternoon the City of Oak Hill began a pre-salting program for our roads in preparation for today's weather. The trucks rolled back out this morning to try and keep the streets clear while the precipitation fell. Unfortunately, the mix of snow and ice have overwhelmed our efforts.
At eight o'clock Friday evening we are halting our efforts as the precipitation is coming down faster than we can clear the roads. To continue at this point would be a waste of city resources, and many other entities have made similar decisions.
Our trucks will start working again around four o'clock Saturday morning. However, it may be longer before we reach the higher elevations.
We encourage you to stay home and not be out on the roads. There are two primary reasons for this. First and foremost, it is for your safety. Additionally, vehicles traveling on the roads before our salt trucks have them properly treated only makes their job tougher. When their job is made tougher, the time it takes to clear the roads for our residents is lengthened.
We hope that you enjoy the peace and beauty that this event has brought to Oak Hill. Please be safe and take this opportunity to spend time with your family, friends, and neighbors.
Enjoy the snow Oak Hill residents! It's definitely unique for Nashville!
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If you are interested in selling or finding a home in Green Hills, Downtown, 12th South, or Oak Hill area of Nashville, or would like to look at other real estate for sale in the Middle Tennessee area, please search the MLS HERE. Please note: You will have to register with my site to be able to search the MLS. I will contact you initially and all requests thereafter for privacy will be respected.
Looking to move? Wanting to Invest? Need help as a First Time Buyer? Please feel free to call me, Emily Lowe (yes, I'm a Realtor, with The Lipman Group Sotheby's International Realty) at 615.509.1753
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Nashville Area Oak Hill Home Sales: December 2009 Market Report

Sorry to say it, but the December 2009 home sales were down again in Oak Hill. From three closings during the previous month, this Nashville satellite city could only show two this time around:
|
Address |
BR |
Baths |
Yr Blt |
Gar |
Sq Ft |
List Price |
SP/SF |
Sales Price |
DOM |
|
919 Evans Rd |
4 |
3 / 0 |
1951 |
2,720 |
$409,900 |
$136.03 |
$370,000 |
46 |
|
|
5625 Hillview Drive |
4 |
3 / 1 |
1971 |
2 |
3,897 |
$479,000 |
$113.74 |
$443,250 |
249 |
|
Average |
4 |
|
1961 |
2 |
3,308 |
$444,450 |
$122.92 |
$406,625 |
147 |
I am personally hoping that the $6500 move-up tax credit will help with the Oak Hill home sales in the coming months. If you haven't heard about it, there is a $6500 tax credit offered to those who have not purchased (to live in) a new home during the past five years. Of course, there are stipulations to this tax credit. I may even do a blog post on just that topic later this week/month.
Currently there are 32 other homes for sale in Oak Hill, ranging in price from $265K to just under $6M. Three of them are under contract, so we may see a higher number of Oak Hill home sales in January 2010 to start the year off right!
If you are ready to list your Oak Hill home or are considering purchasing a home in Nashville's Oak Hill area, then why not select an Oak Hill realtor? I offer both a free market analysis AND will also give you free advice on what to do to get your Oak Hill home ready to sell!
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If you are interested in selling or finding a home in Green Hills, Downtown, 12th South, or Oak Hill area of Nashville, or would like to look at other real estate for sale in the Middle Tennessee area, please search the MLS HERE. Please note: You will have to register with my site to be able to search the MLS. I will contact you initially and all requests thereafter for privacy will be respected.
Looking to move? Wanting to Invest? Need help as a First Time Buyer? Please feel free to call me, Emily Lowe (yes, I'm a Realtor, with The Lipman Group Sotheby's International Realty) at 615.509.1753
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Nashville Area Oak Hill Home Sales: November 2009 Market Report

Oak Hill home sales continued to sag in November 2009. Down yet another closing from the previous month, Oak Hill showed only three closings during the November month.
|
Address |
BR |
Baths |
Yr Blt |
Gar |
Sq Ft |
LP/SF |
List Price |
SP/SF |
Sales Price |
DOM |
|
|
852 Battery Ln |
3 |
2 / 1 |
1950 |
2 |
2,121 |
$155.54 |
$329,900 |
$145.69 |
$309,000 |
45 |
|
|
5005 RAGLAND DR |
3 |
3 / 0 |
1959 |
2 |
2,645 |
$147.41 |
$389,900 |
$150.35 |
$397,675 |
144 |
|
|
891 CURTISWOOD LN |
4 |
3 / 1 |
1967 |
2 |
4,744 |
$210.58 |
$999,000 |
$163.36 |
$775,000 |
279 |
|
|
Average |
3.33 |
|
1958 |
2 |
3,170 |
$180.74 |
$572,933 |
$155.80 |
$493,891 |
156 |
The good news is that the Oak Hill home sales price per square foot is up from $146.74 to $155.80!
Let me elaborate a little bit about that house on Curtiswood Lane that closed this month. This market report (which is taken by me directly from the MLS) shows that it was listed for $999K and closed in 279 days. The reality of that particular house is that it was originally listed for $1.4M and was on the market for 717 days!
Also, the Battery Lane listing was actually on the market 129 days and started at $379K.
I believe that the facts are worth keeping in mind. While I have been personally seeing a slow but steady increase in the market overall, this "improvement" is reflective of what I believe it will take to have a complete rebound. Mortgage lenders are super cautious, the government is putting in new and restrictive guidelines for those in the real estate industry. It will still be a LONG TIME to be fully recovered!
So sit tight, Oak Hill-ites, and enjoy the beautiful view from our little Nashville nook!
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If you are interested in selling or finding a home in Green Hills, Downtown, 12th South, or Oak Hill area of Nashville, or would like to look at other real estate for sale in the Middle Tennessee area, please search the MLS HERE. Please note: You will have to register with my site to be able to search the MLS. I will contact you initially and all requests thereafter for privacy will be respected.
Looking to move? Wanting to Invest? Need help as a First Time Buyer? Please feel free to call me, Emily Lowe (yes, I'm a Realtor, with The Lipman Group Sotheby's International Realty) at 615.509.1753
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Nashville Area Oak Hill Home Sales: October 2009 Market Report

Well, Nashville, Oak Hill Homes Sales are down one sale from last month's report for a total of four home sales.
The price range for these Oak Hill home sales was $315k to $499k. Here are the results:
|
Address |
BR |
Baths |
Yr Blt |
Gar |
Sq Ft |
List Price |
SP/SF |
Sales Price |
DOM |
|
3501 Rainbow Pl |
3 |
2 / 0 |
1941 |
1 |
2,124 |
$339,900 |
$148.31 |
$315,000 |
85 |
|
859 Pasadena Dr |
3 |
2 / 0 |
1950 |
2 |
2,313 |
$369,500 |
$154.35 |
$357,000 |
18 |
|
831 Brentview Dr |
3 |
2 / 1 |
1961 |
2 |
2,425 |
$425,000 |
$154.64 |
$375,000 |
58 |
|
848 Lakemont Dr |
3 |
3 / 0 |
1986 |
2 |
3,677 |
$499,000 |
$135.71 |
$499,000 |
54 |
|
Average |
3 |
|
1959 |
1.75 |
2,634 |
$408,350 |
$146.74 |
$386,500 |
53 |
There are currently 34 other homes for sale in Oak Hill, ranging in price from $299,900 to $5,950,000. One of them currently has a contract.
If you are considering selling your Oak Hill home in the upcoming months, then please know that there are ways to optimize your chances of getting your home sold! Price certainly has a LOT to do with that, but beyond price, the renovation of your home's major features (kitchen, master suite) will go a long way in getting the right buyer. And, to get them in the front door, take a good look at your curb appeal and make sure it looks inviting and well kept!
______________________________________________________________________________________
If you are interested in selling or finding a home in Green Hills, Downtown, 12th South, or Oak Hill area of Nashville, or would like to look at other real estate for sale in the Middle Tennessee area, please search the MLS HERE. Please note: You will have to register with my site to be able to search the MLS. I will contact you initially and all requests thereafter for privacy will be respected.
Looking to move? Wanting to Invest? Need help as a First Time Buyer? Please feel free to call me, Emily Lowe (yes, I'm a Realtor, with The Lipman Group Sotheby's International Realty) at 615.509.1753
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Oak Hill, one of the most prestigious areas of South Nashville with homes in the $500,000 and up.
If you would like information on any of these homes please contact me 615-456-6831 or e-mail.

Ken Cline, CRS
615-661-7800
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