Howdy neighbors! It’s time to chat about the real estate scene in our beloved McFerrin Park, Cleveland Park, and Highland Heights neighborhoods for July 2023. You know I love crunching numbers, so let’s break down the stats that matter!
Closed Properties:
In July, we saw 10 properties sealing the deal and finding their happy new owners! That’s ten families or individuals joining our vibrant communities. How exciting is that?
Price Trends:
The median list price per square foot was $308 for homes put up for sale during July. And when it comes to actual sold properties, the median sales price per square foot was $267. It’s always fun to see how the list prices compare to the final sales prices, right?
Days on Market and Contract to Close Days:
If you blinked, you might have missed some of these properties hitting the market! July’s median days on the market (DOM) stood at 11 days. Impressive, right?Â
Current Market Inventory:
As of July, we had a total of 47 active properties waiting for new families to call them home. And 26 properties were already under contract and getting ready to say, “Sold!”
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July 2023 was a pretty happening month in our real estate world. With 10 properties closing the deal, stable median prices, and a reasonable time on the market, it’s safe to say our neighborhoods are as attractive as ever!
But remember, these numbers are just a part of the big picture. When it’s time to buy or sell, team up with local real estate experts who genuinely know our communities inside out. They’ll guide you through the process and ensure you find that perfect place to call home.
So, until next time, keep an eye on the local real estate market, and I’ll see you around the neighborhood! Cheers!
Nick Irwin
615-418-0563
nick@basenashville.com
