November 2008: Downtown Nashville’s Condo Market Report

Address

BR

BA

YR BLT

SQ FT

List Price

Sales Price

SP/SF

DOM

700 Church St. Apt 402

1

1

1926

752

$224,500

$225,000

$299.20

75

415 Church St. 3008 Penthouse

2

2

2006

1600

$599,000

$550,000

$343.75

3

AVERAGES

1.5

 

1966

1176

$411,750

$387,500

$329.51

39

 

Here are the closings for November 2008’s Downtown Nashville Condo Real Estate Market!  Only two closings in November – not so good still.  I think we are going to see some better results for December, but if you are hoping to sell your downtown condo any time soon, think low low pricing to get it sold! 

Best wishes for the Holiday Season to all!