September 2008: Market Report for Downtown Nashville Condo Closings!

Downtown Condo Living:  It’s the new suburbia!  LOL… But really, living downtown has become a very fashionable thing to do in Nashville, TN as of late.  Walk or ride your scooter to work, hang out in the bars and clubs at night and walk home (with friends, please).  Or maybe go dancin’ at Roberts and get yourself a new pair of cowboy boots while ‘yer’ at it!

And of course, the condo:  no yardwork, make friends easily, work out in the building – there are a lot of amenities that downtown Nashville condos are offering these days!  And have you seen the condos in the Gulch?  They are sweet!  Or at Encore, where if you buy on the “right” side, you have a killer view of LP Field and the Cumberland River.

Anyway, here’s the market report for September 2008:  Seems only five condos sold in September, three of them at a premium in the District Lofts.  Viridian also made the charts, as well as Harrison Square, where the dollar goes a bit further.

Address

BR

BA

YR BLT

SQ FT

List Price

Sales Price

SP/SF

DOM

817 3rd Ave N #214

1

1

2008

807

$179,000

$179,000

$221.81

0

817 3rd Ave N #202

1

1

2008

850

$182,550

$182,550

$214.76

0

415 Church St, #1909

1

1

2006

640

$189,900

$189,900

$296.72

35

303 Criddle St.

2

1

2008

1060

$190,650

$190,650

$179.86

192

817 3rd Ave N #210

2

2

2008

1129

$224,298

$224,298

$198.67

0

AVERAGES

1.4

 

2007

897

$193,279

$193,279

$215.47

45

 

 

 

 

 

 

 

 

 

Let me know if you need more info on these condos – I have been in quite a few of these complexes and they really are neat – I’d love to take anyone looking!

For more information on Middle Tennessee real estate, moving to and around in the Nashville area, or just to shoot the bull on the real estate market, give me (Emily Lowe) a shout at 615.509.1753

Cheers y’all!