40

Total Properties Sold

92

Average Days on Market

180

Average List Price Per Foot

171

Average Sales Price Per Foot

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.





YEARLY AVERAGE SALES PRICE PER FOOT


Click here to view properties currently listed in East Nashville.

 

The housing market is changing. If you have been considering selling your home but aren’t sure what it is worth in today’s market, click here and get a free personalized report on the current market value of your home.

 

Real Estate questions? I’m your guy! Call me at (615)418-0563 or e-mail me at nick@basenashville.com with any questions. #village #6153836964