Weichert, Realtors - The Andrews Group gathers information from multiple sources to provide concise reviews on real estate market trends for Nashville area communities.
These neighborhood-focused summaries also provide timely information on school districts and other factors that influence the overall real estate market.
Belle Meade Tennessee (37205) Home Prices
The median listing price for homes for sale in Belle Meade Tennessee set a new 12-month high at the end of the year, as did the median sold price for homes in this exclusive area of Nashville. The median on sold price increased over the last quarter of 2014, ending the year with a new 12-month high. Statistics indicate that Belle Meade Tennessee homes are not staying on the market very long. The median number of days active properties have been listed is 74, which is significantly less than the national average.
This chart represents Belle Meade Tennessee (37205) home sales dating back to February 2014.
Belle Meade Tennessee Real Estate Trends for January 2015:
The median list price in January 2015 for single family homes in Belle Meade TN is $708,230.
The median number of days active properties have been listed is 74. This is significantly shorter than the national average.
The number of active listings in Belle Meade (37205) decreased 6.10% from the previous month.
Many Belle Meade listings are generating significant buyer interest
within a few days of hitting the market. Sellers can expect
significant interest in their homes if their listing price is consistent
with market trends.
If you're in the market to buy in Belle Meade, you'll want an agent
that knows of listings before they hit the market.
The graphs above also show a gap between listing price and
sales price. To ensure you don't overpay, you'll need a
thorough market analysis of the Belle Meade home on which
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