Native Nashville Homes: Real Estate Talk from the Comfort of My Laptop: February 2009: Nashville's Green Hills Condo Market Report

February 2009: Nashville's Green Hills Condo Market Report

Nashville's Green Hills Condo Market remained fairly steady from January to February 2009.  The same number of sales occured (7).  I did notice a sale in The Whitney, which is a beautiful new upscale condo complex. 

So have a look and see what you think!

Green Hills Condo Market Report:  February 2009

     

Address

BR

BA

Yr Blt

Sq Ft

List Price

Sales Price

SP/SF

Days on Market

2116 Hobbs Rd. Unit I-1

1

1/0

1968

705

$124,500

$122,900

$174.33

89

412 Summit Ridge Place

1

1/0

1978

716

$125,000

$125,000

$174.58

15

5025 Hillsboro Pk. Apt 23Z

1

1/0

1969

722

$127,000

$122,000

$158.03

76

246 Boxmere Place

2

2/1

1985

1463

$253,750

$249,300

$170.40

76

172 Jefferson Square

3

2/0

1974

2237

$289,900

$262,000

$117.12

246

507 Almonte Court

4

3/1

1995

3018

$429,500

$399,000

$132.21

199

2411 Crestmoor Road

2

2/0

2007

1829

$696,000

$771,431

$421.78

126

AVERAGES

2

  

1982

1534

$292,235

$293,090

$191.06

118

 

Now, given that there are currently 90 active Green Hills condo listings ranging in price from $105K to $1.2M, I guess the fact that only 7 sold is really not that great - we could really deal with a better absorption rate!  But, if you're looking at a half full glass, then the steadiness of sales is better than no sales at all!

If you are interested in finding a condo in the Green Hills part 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!

Comment balloon 0 commentsEmily Lowe • March 08 2009 09:34PM

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