April Real Estate Stats for McFerrin Park, Cleveland Park and Highland Heights
In the month of April, our area saw a slowing of closings yet again. Down 5 transactions from March, we had a total of 12 proerties close in our neighborhoods during May. Though its hard to believe now ( with our sudden smoldering heat wave) I think the prolonged winter and school holidays have us off track. May is already shaping up to be a banner month.
Our list price to sales price ratio is holding strong at 96.29% - this means that properties are selling, on average, for 96% of the listing price. This is a sign of a strong market with correctly priced homes and a really good sign if you are looking to sell. If you are considering purchasing a home in our neighborhood, this is an indicator that there may not be much room for negotiations.
Our highest priced sale of the month goes to the beautifully renovated home located at 311 Hancock. Closing out at $520,000 ( $238/ft) this beauty was really something to see. It also sold PRE MARKET kudos Village agents! The listing agent described the property as "Renovated Bohemian Victorian around the corner from Folk, and close to Downtown and Five Points. Incredible kitchen with huge quartz island and soft close cabinetry. Master on main with lavish clawfoot tub and beautifully tiled shower. Hardwoods throughout, restored and recreated detail, elegant fixtures and tile. Large backyard with privacy fence."
Speaking of "Folk", the long awaited McFerrin Park centerpiece restaurant by Rolf and Daughters own Philip Krajeck is delightful. Here is a writeup by Eater Nashville ( and it includes beautiful interior photography)
If you know of anyone looking to make a move into our neighborhoods, please send them my way. I have an inventory of several homes that are not yet listed on the MLS that I would be happy to share!
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