Base Nashville Real Estate Market Stats

August 2021

August Market Stats

As summer winds down, the real estate market in our combined neighborhoods of Mcferrin Park, Cleveland Park, and Highland Heights continues to be hot.

We had a total of 16 homes close with a median list price per foot of $287. This is one fewer sale than last month, but get a load of this…. the median SALES price per foot was $314.

The median days on market was 4 days and the contract to close checked in at 30 days. There are currently ONLY 13 active properties if you are searching for a home in Mcferrin Park, Cleveland Park, and Highland Heights. Our average sales price was up drastically from July (425K) to $476,075. This average sales price number represents a 27% increase in home value over this same month last year.  Wow, that means your home may have increased in value by over 25%! What is your home worth? Send me your address and I’d be happy to let you know.

Also, if you know of anyone looking to move to our area – please connect them to me, and if you’d like to discuss anything real estate-related – pleae give me a call!