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Nashville Luxury Home Sales July 2011
Nashville Luxury HomeNashville Luxury Home Sales July 2011 - 16 homes sold in Nashville for the month of July that was listed for over $1,000,000 compared to 22 homes in the previous July. I'm sure the strange action in the stock market this summer had a lot to do with it, but you can never tell what buyer of Luxury homes are concerned about when they decide to purchase a new home. 13 Nashville Luxury homes are currently pending sale and an amazing 398 homes are currently listed in the Nashville MLS for more that a millin dollars. That makes the current absorbtion rate of Nashville luxury homes almost 25 months. The buyers market still exists for Nashville luxury homes.
  • 16 Nashville luxury homes sold in July 2011
  • the average sales price of Nashville luxury homes sold was $1,472,658
  • the average size of homes in Nashville over a million dollars was 7,199 square feet
  • the average price to sales ration of Nashville luxury homes was 92 percent
Participation in the market of homes sold over a million dollars includes the following neighborhoods

The real estate market for Nashville luxury homes seemed to be picking up momentum until late this summer, and my guess is that the economic activity in Europe and the stock market here had a lot to do with slowing it down. As you can see from the statistics, it's still a buyers market for Nashville luxury homes.

Nashville million dollar homes

Published Tuesday, August 23, 2011 9:41 PM by larry Brewer


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