Kenneth Bargers Blog

Hounds Run, Nashville, Tennessee – Value?

SUMMARY – HOUNDS RUN, NASHVILLE, TENNESSEE 37215

Why are the Days on the Market in this wonderful neighborhood significantly higher that the current average of 91 days in the greater Nashville area yet the value per square footage remain fairly consistent since January 2004 despite the area’s recent market correction?  Does today’s consumer first look at new construction instead of an established neighborhood and well maintained homes?

Hounds Run is an established neighborhood leaving Brentwood and entering the Green Hills area of 37215.  Entry to this beautiful neighborhood is from Brentwood on Granny White towards Nashville.  Take a left on Beddington Park; this is Hounds Run. 

This neighborhood has majestic homes on a minimum of acre lots with scenic views sloping up small hillsides.  Overall, not a lot of property movement in this neighborhood that tells us once a homeowner moves in, remaining in the neighborhood is a great possibility. 

The average days on the market is way above the current 91 days per the Greater Nashville Association of Realtors®.  Property range is usually $800K – $1.5M and the price per square foot has remained fairly consistent since January 2004 despite the Nashville area’s recent market correction.

Please visit the report:  http://www.bargers-solutions.com/Hounds_Run.htm

May 9, 2009 - Posted by kbargers | marketing, Nashville, real estate, relocation, tennessee | green hills, hounds run, Nashville, real estate statistics, tennessee