Base Nashville

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Base Nashville Market Stats

December 2016

It is time for the final real estate review of 2016!  The December numbers are finally in, so lets take a look.

At the time of this writing, there were 40 properties active in the combined neighborhoods of McFerrin Park, Cleveland Park and Highland Heights.  During the month of December,  15 properties closed – down slightly from 17 last month.  I think this is due to the slight Interest rate rise last month; and it is historically a slower month for real estate sales.

Our neighborhood days on market checked in at 92 days.  This number represents the entire time a property is listed on the multiple listing service ( MLS).  This number was up from 47 in November but down from our October reading of 104.

Average list price per foot came in at 180, and the average asking price per foot was right at 171/foot.

Total Properties Sold

40

Median List Price Per Square Foot

$180

Median Sales Price Per Square Foot

$171

Median Days on Market

92

I have several listings that are not yet on the MLS in our neighborhood. If you are looking to make a move OR if you want the chance to choose your neighbor – call me!

615-418-0563

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Nick Irwin - Real Estate Broker in Nashville

Nick Irwin Broker

615-418-0563