EATING OFF THE FLOOR: May 2009

Downtown Nashville Condo Sales: April 2009 Market Report!

 Results for Downtown Nashville Condo Sales for the month of April 2009 are in!  Represented in these 10 closings are Academy Square, Bennie Dillon, Bristol on Broadway, District Lofts, the Viridian and the new Terrazzo!

The results for March 2009 were a bit stronger and I look forward to seeing what happens during the summer!

Nashville has seen quite a bit of downtown development lately and there are currently LOTS of condos to choose from!

Don't forget that if you are a first-time buyer, there is an $8,000 tax credit awaiting you if you purchase before December 1, 2009!

 

Downtown Nashville Condo Market Report:  April 2009  
Address BR BA Yr Blt Sq Ft List Price Sales Price SP/SF Days on Market
103 Academy Square 2 1/1 1982 1116 $137,000 $130,000 $116.49 38
700 Church St. Apt. 302 1 1/0 1926 752 $149,900 $147,500 $196.14 58
1803 Broadway Apt 215 1 1/0 2005 870 $149,900 $155,000 $178.16 28
700 Church St. Apt. 407 1 1/1 1926 778 $149,999 $145,000 $186.38 66
817 3rd Avenue N. 1 1/1 2008 710 $153,500 $145,000 $204.23 64
1803 Broadway Apt 429 1 2/0 2005 935 $184,900 $180,000 $192.51 64
415 Church St 2 2/0 2006 981 $289,900 $279,000 $284.40 102
700 12th Ave South 1 1/0 2009 891 $308,700 $308,700 $346.46 0
827 3rd Avenue N. 3 3/1 2008 1570 $309,900 $300,000 $191.08 66
700 12th Ave South 1 1/0 2009 $1,029 $369,500 $369,500 $359.09 0
                 
                 
AVERAGES 1   1988 963 $220,319 $215,970 $224.27 48

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If you are interested in finding a Downtown Nashville Condo, or would like to look at other homes in the Middle Tennessee area, please search the MLS HERE.

If you would like to have a free comparable market analysis done on your home, if you are a first-time buyer (haven't owned a home in the last three years), an investor or just would like to talk real estate, please feel free to call me, Emily Lowe (yes, I'm a Realtor) at 615.509.1753!

2 comments • Emily Lowe - Nashville TN Realtor • May 07 2009 04:46PM

Green Hills Condo Sales: April 2009 Market Report!

 

Well here it is - the April 2009 Market Report for Green Hills condos - there were not as many closings in April as there were in March 2009, but there were several closings anyway!

The Hillmont, Arden Place, Georgetown, The Villager, Burton Hills, Versailles, The Hillsborough, Estes Glen, and Hillsboro Place Condominiums were all represented in April's closings. 

I am really looking forward to seeing how the summer months fare! 

Green Hills Condo Market Report:  April 2009      
Address BR BA Yr Blt Sq Ft List Price Sales Price SP/SF Days on Market
2601 Hillsboro Pk. Apt C1 1 1/0 1971 600 $99,000 $90,000 $150.00 41
5025 Hillsboro Pike Apt. 14R 1 1/0 1969 771 $139,000 $122,000 $158.24 209
5025 Hillsboro Pike Apt. 23E 1 1/0 1969 1664 $152,900 $144,088 $86.59 35
134 Hillsboro Place 2 2/0 1984 1187 $159,900 $159,900 $134.71 331
3000 Hillsboro Pike 5 2 1/1 1967 1080 $169,900 $155,000 $143.52 63
2025 Woodmont Blvd. Apt 326 1 1/0 1995 850 $169,900 $167,000 $196.47 44
1900 Richard Jones Road Apt V-1 3 2/1 1967 1600 $184,900 $175,000 $109.38 87
227 Boxmere Place 2 2/0 1985 1187 $237,900 $235,000 $197.98 15
2025 Woodmont Blvd. Apt 313 2 2/0 1995 1233 $244,900 $240,000 $194.65 24
4400 Belmont Park Terrace #146 3 2/1 1975 2368 $279,900 $261,000 $110.22 90
364 Ardsley Pl 2 2/1 1986 2177 $371,000 $371,000 $170.42 0
3704 Estes Rd. #D 3 2/1 1975 2820 $439,000 $425,000 $150.71 43
                 
                 
AVERAGES 2.1   1978 1461 $220,683 $212,082 $145.16 81

 

 

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If you are interested in finding a home in the Green Hills area of Nashville, or would like to look at other homes in the Middle Tennessee area, please search the MLS HERE.

If you would like to have a free comparable market analysis done on your home, if you are a first-time buyer (haven't owned a home in the last three years), an investor or just would like to talk real estate, please feel free to call me, Emily Lowe (yes, I'm a Realtor) at 615.509.1753!

0 comments • Emily Lowe - Nashville TN Realtor • May 07 2009 03:45PM

April 2009: Nashville's Oak Hill Market Report

Well, I hate to be the bearer of bad news, but after a great March 2009 in Oak Hill, there were NO CLOSINGS in April 2009.

There are currently 35 homes on the market in the Oak Hill subdivision of Nashville, TN, and two of them have contracts on them, so we may see them close in May. 

Currently, the average LISTED price per square foot in Oak Hill is $263.18, with a median LISTED price of $224.25.  The price range is from $349,900 for 2460 square feet to $5,950,000 for 10,822 square feet.

Well, here's to hoping for a better market report in May!

 

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If you are interested in finding a home in the Oak Hill Subdivision of Nashville, or would like to look at other homes in the Middle Tennessee area, please search the MLS HERE.

If you would like to have a free comparable market analysis done on your home, if you are a first-time buyer (haven't owned a home in the last three years), an investor or just would like to talk real estate, please feel free to call me, Emily Lowe (yes, I'm a Realtor) at 615.509.1753!

 

0 comments • Emily Lowe - Nashville TN Realtor • May 07 2009 02:50PM

Newest Report from the Greater Nashville Association of Realtors is Out! April Stats!

Here is what the Greater Nashville Association of Realtors had to say about April 2009 Home Sales:

GREATER NASHVILLE HOME SALES DECLINE; PENDING SALES CONTINUE TO INCREASE

 

There were 1,604 home closings reported in April, which represents a decline of 24.9 percent from the 2,135 closing reported in April of last year. Year to date closings are off 28 percent.

 

The median price for a single-family home was $164,500 in April and for a condo it was $149,900. This compares with median residential and condo prices of $180,000 and $162,000 respectively during April of 2008.

 

Pending sales are increasing each month, with 1,865 pending at the end of April.

 

Inventory is almost exactly where it was at this time last year. However, each category other than farm, land and lots, is actually down. That category is likely to remain where it is until homebuilding activity increases.

Here is a link to the actual report itself:  LINK HERE!!!

_______________________________________________________________________________________________________

If you are interested in finding a home in the Middle Tennessee area, please search the MLS HERE.

If you would like to have a free comparable market analysis done on your home, if you are a first-time buyer (haven't owned a home in the last three years), an investor or just would like to talk real estate, please feel free to call me, Emily Lowe (yes, I'm a Realtor) and I work at The Lipman Group / Sotheby's International Realty at 615.509.1753!

0 comments • Emily Lowe - Nashville TN Realtor • May 07 2009 01:13PM