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Nashville TN Green Hills, Vanderbilt & Belmont 2013 Home Sales Report

Nashville TN Green Hills, Forest Hills, Vanderbilt, Belmont & Music Row area 2013 Home Sales Report

Nashville TN and Green Hills, Forest Hills, Vanderbilt, Belmont and Music Row area home sales have increased this year in both volume and median price!  When considering single family home sales between January and November, the median sale price is up 14.4% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 5 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Similarly, the sales volume for 2013 has surpassed the volume of 2007.  Also, the median Days on Market has dropped and Green Hills, Vanderbilt & Belmont homes are selling faster than they have in 4 years!

Vanderbilt Children's Hospital Vandy area home for sale Green Hills Nashville TN Condo Green Hills Nashville TN Home for sale Green Hills Mall The Mall at Green Hills Belmont Mansion

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Please note that real estate market conditions vary based on the specific location, condition and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  Everyone wants to get a good deal on the home they purchase.  Please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy!  Visit my Real Estate Statistics Page at www.TiffanyWhite.com to see market reports for other Middle TN cities.

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The charts were created based on closed homes sales in MLS.  Below are the detailed yearly numbers from the Greater Nashville MLS.  Feel free to contact me if you have questions about this information.

 

Year 2006    514 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 702 1 1 $74,900 $35,000 0
AVG 2,993 3.56 2.6 $582,809 $565,267 58
MEDIAN 2,650 4 2 $481,950 $470,000 49
MAX 8,843 6 6 $3,000,000 $3,000,000 345
             
Year 2007    425 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 816 0 1 $139,900 $140,000 0
AVG 3,106 3.56 2.63 $661,319 $636,278 67
MEDIAN 2,872 4 3 $535,000 $520,000 53
MAX 10,600 7 6 $3,990,000 $3,990,000 457
             
Year 2008    352 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 862 0 0 $69,000 $55,000 0
AVG 3,037 3.53 2.6 $623,231 $591,422 78
MEDIAN 2,788 4 2 $499,700 $484,000 57
MAX 10,925 7 8 $3,995,000 $3,470,000 692
             
Year 2009    295 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 875 1 1 $105,000 $100,000 0
AVG 3,207 3.6 2.76 $601,290 $566,142 91
MEDIAN 2,791 4 3 $497,000 $460,000 68
MAX 12,141 6 8 $2,395,000 $2,100,000 457
             
Year 2010    306 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 896 0 0 $163,000 $140,000 0
AVG 3,147 3.58 2.72 $584,552 $548,603 84
MEDIAN 2,857 4 3 $499,000 $475,000 67
MAX 12,094 7 6 $3,691,000 $3,035,000 525
             
Year 2011    347 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 810 1 1 $85,000 $60,000 0
AVG 3,095 3.52 2.6 $551,402 $519,240 92
MEDIAN 2,804 4 2 $450,000 $429,900 72
MAX 14,834 6 6 $2,995,000 $2,700,000 531
             
Year 2012    435 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 792 0 0 $116,500 $116,500 0
AVG 3,150 3.56 2.67 $613,808 $584,484 87
MEDIAN 2,885 4 3 $474,947 $456,000 70
MAX 19,849 7 7 $5,975,000 $5,300,000 483
             
Year 2013    506 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 723 1 1 $112,000 $107,000 0
AVG 3,193 3.66 2.76 $649,932 $624,096 86
MEDIAN 2,950 4 3 $529,900 $521,500 60
MAX 13,729 9 9 $5,500,000 $4,800,000 1,854

Comment balloon 0 commentsTiffany White • December 22 2013 01:47PM

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