Base Nashville Market Stats
Holy Smokes – February brought the real estate market roaring back to life after a few months of the normal seasonal slowdown. Our combined neighborhoods of McFerrin Park, Cleveland Park and Highland Heights saw 19 properties close for the month of February.
The median list price per foot increased to 233 meaning that sellers are asking more for their homes. Our median sales price per foot declined to 233/foot. Median days on market shrank to a quick 19 days.
If you are looking to buy a home in the neighborhood, there are 48 active listings as of this publication.
Most of the selling activity was concentrated in Highland Heights last month.
Average sales price for the neighborhood was $281K
So, In Summary:
1. Asking prices are going up.
2. Sales prices pulled back slightly.
3. Homes are still selling fairly quick.