During the 4th Quarter, 2008 (37215) Single familyp Properties on the Market 239 Average square feet 4,407 List Price:$1,067,891 Days on Market (DOM): 132
Ther were 10 Homes pending Average Square Feet 4,986 Average List Price $1,274,741 Days on Market (DOM) 85
4295 homes has been closed Average Square feet 3,152 Average list price $496,047 Average Sale Price $476,771 Days on Market (DOM) 68
A recent GNAR reported November statistics. Their numbers were not encouraging. There were 1,243 closings in November, a decrease of 45 percent from the 2,260 closings reported in November of 2007.
Year-to-date closings are 22,824, a decrease of 29 percent from the 32,112 closings for the same period in 2007.
The median price for a single-family residence was $165,000 and $150,000 for a condominium, compared with median prices of $179,900 and $167,035 respectively in November 2007.
Inventory is currently at 23,467, compared with 22,301 at this time last year.
Please visit my website at www.iSellNashvilleRealEstate.com for a FREE Relocation Packet and to search for Forest Hill Homes.
ZIP Code: 37215 Approximate Location Boundaries: Forest Hill
Location Characteristics: Forest Hills is located approximately 8 miles south west of Nashville. Visit their Granny White and Otter Creek Park within the city limits. There are several churches, schools and medical facilities within the city limits giving the residents of this fine city all the conviences of a large city with home town feel.
About Lucy Bottorff:
Client satisfaction is one of Lucy's primary goals. Lucy is a local native and is very familiar with the trends and motions of the local markets. Friendly and helpful...Call Lucy today!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
