Downtown Nashville Condo Sales: This June 2009 Market Report Is Rockin’ Good!!!

There is one thing that is for certain in June 2009’s Nashville’s Downtown Condo Market Report:  THE BUYERS HAVE LANDED!!!

From historical Bennie Dillon Condos to the brand new ICON and the 80’s mix of Academy Square and Riverfront, buyers were busy getting their new digs purchased during the past month!

Have a look!

Downtown Nashville Condo Market Report:  June 2009

 

Address

BR

BA

Yr Blt

Sq Ft

List Price

Sales Price

SP/SF

Days on Market

914 1st Ave N

1

1/0

1986

650

$77,900

$79,000

$121.54

77

858 1st Ave N

1

1/0

1986

650

$79,900

$60,000

$92.31

63

1036 1st Ave N

1

1/0

1986

630

$84,900

$79,000

$125.40

106

123 Academy Square

2

1/1

1982

1116

$127,900

$129,900

$116.40

11

700 Church St. #406

1

1/0

1926

590

$136,500

$131,200

$222.37

249

600 12th Ave S #416

1

1/0

2008

620

$149,900

$149,900

$241.77

0

700 Church St. #707

1

1/1

1927

778

$149,900

$146,500

$188.30

24

303 Criddle St.

1

1/0

2009

970

$149,900

$159,900

$164.85

48

600 Garfield St. G-1

2

2/0

2008

890

$159,900

$230,212

$258.67

16

1803 Broadway Apt 624

1

1/0

2005

630

$159,900

$165,000

$261.90

106

456 2nd Ave. S

2

2/0

1986

1051

$165,000

$150,000

$142.72

58

303 Criddle St.

1

1/0

2008

971

$169,900

$167,500

$172.50

218

1803 Broadway#224

1

1/0

2008

971

$179,900

$160,000

$253.97

75

         

Downtown Nashville Condo Market Report:  June 2009

 

Address

BR

BA

Yr Blt

Sq Ft

List Price

Sales Price

SP/SF

Days on Market

303 Criddle St.

1

1/0

2009

970

$182,770

$173,500

$178.87

6

1803 Broadway #112

1

1/0

2005

833

$187,000

$184,000

$220.89

155

817 3rd Ave N #201

1

1/0

2008

893

$188,150

$188,150

$210.69

137

1803 Broadway #412

1

1/0

2005

820

$189,000

$181,000

$220.73

81

817 3rd Ave N #316

2

2/0

2008

1000

$210,650

$202,550

$202.55

143

415 Church St. #1702

1

1/0

2006

824

$215,000

$215,000

$260.92

479

600 12th Ave S #906

1

1/1

2008

945

$279,000

$279,000

$295.24

0

807 3rd Ave N

3

3/1

2008

1570

$316,900

$315,000

$200.64

62

807 18th Ave S #102

2

2/1

2005

1430

$327,000

$310,000

$216.78

56

415 Church St #2315

2

2/0

2006

1144

$364,000

$335,000

$292.83

167

600 12th Ave S #1701

2

2/0

2008

1251

$420,000

$420,000

$335.73

0

AVERAGES

1.36

 

1996

898

$192,910

$190,528

$212.17

93

         
         

There were so many closings that I had to put two tables together! 

Well, seeing this many closings in the month of June tells me definitely one thing:  The First Time Home Buyer Tax Credit Incentive IS WORKING!!! 

The other thing to notice about this Downtown Nashville Condo Market Report is that MOST of the condos are priced at $200K or under.  This price range is DEFINITELY moving the quickest all over the Middle Tennessee region. 

It would be a great thing if the tax credit were expanded to everyone and not just to the first time buyers!  This report makes me think that if the tax credit were expanded, our housing market would not be doing so poorly!

Go First Time Buyers!  You are leading the way and helping our housing market!

______________________________________________________________________________________

If you are interested in finding a home in 12th South, Belmont, Downtown, East Nashville, Green Hills, Forest Hills, Hillsboro Village, Music Row, Oak Hill, West Meade or West End/Vandy area of Nashville, or would like to look at other real estate for sale in Davidson County, Williamson County or the Middle Tennessee area, please search the MLS HERE.  Please note:  You will have to register with my site to be able to search the MLS.  I will contact you initially and all requests thereafter for privacy will be respected.

Looking to move?  Wanting to Invest?  Need help as a First Time Buyer?  Please feel free to call me, Emily Lowe (yes, I’m a Realtor, with The Lipman Group Sotheby’s International Realty) at 615.509.1753