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Luxury Homes in Nashville Market Report for September 2011
Nashville Luxury HomeNashville 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
Nashville Luxury home sales continue to sell, but at a very slow rate, and I don't really see anything changing unless the equity markets improve. A lot of people I talk to are keeping their money in the stock market for now.
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information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. Nashville Homes search
 
 

Published Monday, October 24, 2011 1:29 PM by larry Brewer

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