Nashville Area Oak Hill Home Sales: June 2009 Market Report!

The booming month of June 2009 proved to have only two closings in the Oak Hill area of Nashville, TN.  One of them is a bit misrepresented here on the Comparable Market Analysis Chart and I will disclose the reason.  Have a look at the closings first, though:

 

Oak Hill Market Report:  June 2009

    

Address

BR

BA

Yr Blt

Sq Ft

List Price

Sales Price

SP/SF

Days on Market

823 Nanearle Drive

3

2

1957

1953

$399,500

$394,500

$202

41

719 Omandale Drive

4

3/1

2008

4113

$685,000

$685,000

$166.55

134

         
         

AVERAGES

3.5

  

1982

3033

$542,250

$539,750

$177.96

87

  

  

  

  

  

  

  

  

  

Despite the fact that the Omandale Drive house says that it has been on the market only 134 days, it has actually been for sale since its construction was complete in December of 2007.  The price on it had also adjusted approximately $100,000.  Choke! 

While I seem to be having no problems with sales in the $200,000 range and under, the sales over $200K are simply moving at a snail’s pace. 

If your house is currently listed and you are feeling upset about the fact that offers are just not coming in, try and take heart.  You are NOT ALONE! 

Oak Hill is still one of my favorite parts of Nashville to live in.  We have SO MUCH to offer here and the beauty of this area – well, let’s just say, it’s extremely hard to beat!

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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