July 2016

Now, with the month of June fully in the rear-view mirror, these modern luxury townhouses neatly situated in Nashville’s McFerrin Park are nearly ready for delivery. 

Located at the intersection of Dickerson and Evanston Avenue, 1st North townhouse offer three levels, as mentioned above, as well as polished concrete flooring on the main level, spa-quality bathrooms, ample closet space, and rooftop terraces with sprawling views of downtown Nashville. Inside, potential buyers can also expect plenty of additional luxury finishes and features, and perhaps the best part about 1st North—the competitive pricing of each townhouse residences, which starts below $300,000. 

For a closer look at active townhouses for sale at 1st North, check out any of the

It’s official—Nashville and the rest of Middle Tennessee has the nation’s strongest residential market; at least according to researchers at Freddie Mac. 

As we enter the middle of the summer—what’s usually a slow time in real estate—reflecting back on the crazy spring we saw revealed just how robust Nashville real estate has been in recent months. Statistics show the Nashville’s Multi-Indicator Market Index reading was 99.9 in April and 98.3 in March, which equates to a massive 12% jump from those same months in 2015. 

To further demonstrate how red hot the Nashville real estate market has been over the first half of 2016, we only ranked 8th at the end of 2015 using these same metrics, ultimately showing just how quickly the Nashville Metro Area

While the summer season is traditionally a slow time in the world of Nashville real estate, Nashville-area home sales were once again up during the month of June when compared to this time in 2015. 

Albeit a small increase, much of the Middle Tennessee region saw 3,869 total homes sold last month, which is about a 1.7% increase from June of 2015. According to the Nashville Association of Realtors, home sales in April were up nearly 12% while home sales in May nearly 4% compared to 2015, so we are still seeing a bit of a slowdown when looking at figures solely from 2016. 

Unfortunately for home buyers, home prices in the Nashville area are also continuing to rise, with the median price for a single-family home sold in June jumping to $260,148—a