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Nashville Market Updates

August 16, 2024
Buying a Home, Nashville Market Updates, Real Estate News, Selling Your Home

Nashville Sylvan Park, Sylvan Heights, The Nations, and Charlotte Pike Real Estate Market Update – Q2 2024

Nashville, TN / USA - August 16, 2024 at 6:00am (last modified August 16, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com The neighborhoods of Sylvan Park, Sylvan Heights, The Nations, and Charlotte Pike in Nashville have experienced dynamic changes and growth in Q2 2024. These areas, known for their unique blend of urban living and community charm, continue to be sought after by both homeowners and investors. Let's delve into the latest market trends and insights. Key Metrics at a Glance: Metric June 2023 June 2024 Year-over-Year Change New Listings 119 115 3% Decrease New Under Contract 47 73 55% Increase Active Inventory (Avg) 190 225 19% Increase Under Contract Inventory (Avg) 92 102 10%...

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by Nashville Realtor Team
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August 9, 2024
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Franklin Area Real Estate Market Update – Q2 2024

Nashville, TN / USA - August 9, 2024 at 6:00am (last modified August 9, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com Franklin, Tennessee, is a city rich in history and Southern charm. Located just south of Nashville, Franklin is known for its well-preserved historical sites, vibrant downtown area, and highly rated schools. It offers a blend of historic homes and new developments, making it a desirable location for families, professionals, and retirees alike. The city's unique blend of past and present provides a high quality of life for its residents. Key Metrics at a Glance: Metric July...

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by Nashville Realtor Team
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August 5, 2024
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Brentwood Area Real Estate Market Update – Q2 2024

Nashville, TN / USA - August 5, 2024 at 6:00am (last modified August 5, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com   Brentwood, Tennessee, known for its picturesque landscapes and upscale living, continues to be a top choice for families and professionals alike. Located just south of Nashville, Brentwood boasts an array of luxurious homes, top-rated schools, and a strong sense of community. The area is also home to several corporate headquarters, making it a convenient location for business executives. Let's take a look at the latest real estate market trends for Brentwood in Q2...

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by Nashville Realtor Team
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August 2, 2024
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Green Hills Area Real Estate Market Update – Q2 2024

Nashville, TN / USA - August 2, 2024 at 6:00am (last modified August 2, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com   Green Hills is one of Nashville’s most affluent neighborhoods, renowned for its upscale living, convenient location, and vibrant community. Located south of Nashville, Green Hills is bordered by Forest Hills, Oak Hill, and Belle Meade, offering a mix of residential charm and commercial convenience. It is home to the famous Bluebird Café, a hub for Nashville's music scene, and The Mall at Green Hills, a premier shopping destination with over 100 stores and...

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by Nashville Realtor Team
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July 29, 2024
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Germantown Area Real Estate Market Update – Q2 2024

Nashville, TN / USA - July 29, 2024 at 6:00am (last modified July 29, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com Historic Germantown, one of Nashville’s most cherished neighborhoods, is known for its rich history and cultural significance. Named for the influx of German immigrants in the mid-19th century, Germantown was Nashville’s first suburb and is renowned for its diverse architectural styles and vibrant community atmosphere. Today, it boasts a mix of Victorian homes, modern apartments, and local boutiques, making it a sought-after area for residents and visitors alike. Key Metrics at a Glance: Metric June 2023 June...

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by Nashville Realtor Team
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July 19, 2024
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Q2 2024 Real Estate Market Report for East Nashville, TN

Nashville, TN / USA - July 19, 2024 at 6:00am (last modified July 19, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com East Nashville is a vibrant and eclectic neighborhood known for its cultural diversity, historic homes, and thriving local businesses. This area has become a hotspot for Nashville’s creative class, offering a unique mix of culinary destinations, live music venues, and charming boutiques. The neighborhood’s historic appeal, combined with its modern amenities, makes it a highly desirable place to live. Key Metrics at a Glance: Metric June 2023 June 2024 Year-over-Year Change New Listings 56 87 55% Increase New Under Contract 29 46 59% Increase Active Inventory (Avg) 116 129 11%...

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by Nashville Realtor Team
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July 15, 2024
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Belle Meade Area Real Estate Market Update – Q2 2024

Nashville, TN / USA - July 15, 2024 at 6:00am (last modified July 15, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com   Belle Meade, renowned for its historic estates and lush landscapes, continues to be a prime real estate location.  This area, with its grand homes and proximity to cultural landmarks, attracts discerning buyers seeking luxury and tranquility.      Key Metrics at a Glance: Metric June 2023 June 2024 Year-over-Year Change New Listings 59 30 49% Decrease New Under Contract 41 26 37% Decrease Active Inventory (Avg) 90 95 6% Increase Under Contract Inventory (Avg) 43 38 12% Decrease Total Inventory 133 132 0% Decrease Closings 35 32 9% Decrease Sale Price (Avg) $1,874,469 $1,604,688 14% Decrease Sale Price (Med) $1,350,000 $1,262,500 6% Decrease Avg DOM (Closed) 16 27 71% Increase Avg List Price (Active) $2,429,773 $2,385,404 2% Decrease List to...

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by Nashville Realtor Team
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Buyers Guide
June 28, 2024
Buying a Home, Nashville Market Updates, Real Estate News

The Importance of Using a Buyer Agent in Real Estate Transactions

Nashville, TN / USA - June 28, 2024 at 6:00am (last modified June 28, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com   Key Metrics Metric Value Market Growth 15% YoY increase in property values in Nashville Agent Fees In most cases, agent fees are paid by the seller Expertise Extensive knowledge of market trends and transaction processes Investment High-dollar investments warrant professional guidance Takeaway Points Expert Guidance: Buyer agents are experts in the real estate process and market trends. Seller Pays: Usually, the commission for buyer agents is paid by the seller. High-Dollar Investment: The expertise of a buyer agent is invaluable in high-stakes transactions. Nashville...

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by Nashville Realtor Team
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May 10, 2024
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Belle Meade Nashville Area Real Estate Market Update – Q1 2024

Nashville, TN / USA - May 10, 2024 at 6:00am (last modified May 10, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com As we review the first quarter of 2024, Belle Meade's real estate market has demonstrated remarkable dynamism. With its lush green spaces, historic estates, and premier golf courses, Belle Meade remains one of the most prestigious neighborhoods near Nashville. The following metrics offer insight into its current market trends: Key Metrics at a Glance: Metric March 2023 March 2024 Year-over-Year Change New Listings 127 81 36% Decrease New Under Contract 60 75 25% Increase Active Inventory (Avg) 137 192 41% Increase Under Contract Inventory (Avg) 86 93 8% Increase Total Inventory 222 285 28% Increase Closings 78 58 26% Decrease Sale Price (Avg) $1,676,238 $1,798,923 7%...

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by Nashville Realtor Team
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May 6, 2024
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Green Hills Nashville Real Estate Market Update – Q1 2024

Nashville, TN / USA - May 6, 2024 at 6:00am (last modified May 6, 2024 at 6:00am ) by John Sullivan, member of International Association of Press Photographers, and Photos by Create615.com   Green Hills, known for its upscale shopping venues, top-rated schools, and beautifully manicured neighborhoods, has seen a remarkable first quarter in 2024. The real estate market in this prestigious Nashville area has shown strong performance with noteworthy trends. Let's examine the data from March 2024: Key Metrics at a Glance: Metric March 2023 March 2024 Year-over-Year Change New Listings 36 46 28% Increase New Under Contract 29 27 7% Decrease Active Inventory (Avg) 52 55 5% Increase Under Contract Inventory (Avg) 35 38 9% Increase Total Inventory 87 93 7% Increase Closings 30 29 3% Decrease Sale Price (Avg) $401,010 $437,030 9% Increase Sale Price (Med) $360,000 $399,000 11% Increase Avg...

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by Nashville Realtor Team
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