Free Glide

At this time, there are 1,105 homes for sale in Area 2 of Nashville Real Estate. This is prime real estate and includes Belle Meade, Green Hills, West Meade, Oak Hill, Forest Hills, Hillsboro, West End, Sylvan Park, Belmont, Edgehill and Music Row.

194 of these homes are priced at $1 Million plus…with the most expensive being $8,750.00. This exceptional home features 19,849 sq. ft. on 8 acres. A pool, guest wing, theatre, sports room and 7 bedrooms make this a palace.

Closed single-family homes have decreased from 2008. For instance, in January of 2008, Nashville Real Estate saw 102 homes closed at an average price of $440,776….with 81 days on market. This past January (2009) decreased to 54 homes closed at an average sales price of $355,026….with 95 days on market. What a difference!

The month of February was much better. In February 2008, there were 79 closed sales with an average sales price of $434,608…with 83 days on market. In February 2009, there were 74 closed sales with an average sales price of $403,386 … with 96 days on market.

The Nashville Real Estate (Area 2) condo market is also down somewhat in the number of closed sales as of February 2009, the average sales price has actually increased to $247,690. However, the average days on market has increased to 119.

There are 765 condos currently on the market in Area 2. The most expensive being a 3,240 sq. ft., 2-story corner penthouse with 3 bedrooms and 3 baths. It’s priced at $2,150,000.