Nashville Real Estate Blog - Blog Archive: May, 2017

information relating to real estate in Nashville Tennessee

Nashville Real Estate Blog - Blog Archive: May, 2017 Close
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May 2017

Found 5 blog entries for May 2017.

Nashville Real Estate Market Despite April often being labeled as the height of the busy spring market, the market saw a bit of a slowdown last month compared to just one month prior. 

According to data from the Greater Nashville REALTORS®, the month of April brought 2,763 residential closings, which is down slightly from 2,783 in March. Condo sales in the Nashville area were also on the decline in April, dropping from 397 closings in March to just 355 closings in April. 

The good news, however, is that available inventory was on the rise last month, increasing from 7,276 residential units on the market in March to 7,605 residential units available in April. 

Median home and condo prices remained fairly steady from March to April, with the median residential price overall

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New Middle School in Thompson's Station As recently outlined, there are plenty of changes happening regarding school zones in Williamson County as several new schools are being built and new residential development continues to transform the region. 

A brand new elementary school in Thompson’s Station will impact a number of kids living in the area, but that’s not the only new school currently being built. A new middle school is also under construction in town, which will also impact some students who already attend Heritage Middle School and Spring Station Middle School. A breakdown of the zoning changes is below: 

Students attending Heritage Middle School

Students attending Heritage Middle School who live west of Lewisburg Pike and attend Oak View Elementary’s proposed zone, which

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Thompson's Station Elementary School Zoning ChangesThe Williamson County School Board is looking at re-zoning several local schools in the area, which would create zoning boundaries for three new schools currently being built in the school district. Widespread residential development is also influencing the re-zoning plans, and according to reports, it’s estimated that the new zoning boundaries will impact nearly 3,000 students, or roughly 8% of the school district’s overall population. 

Recently, The Tennessean broke down a number of the changes, which we’ll summarize in several different parts. Part l will outline who will be affected due to the construction of the new elementary school in Thompson Station.

Students attending Bethesda Elementary 

Students who currently attend Bethesda

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Earlier in the year, news broke about D.R. Horton snatching up a 32.5-acre site in the suburban community of Antioch with plans to build a new 120-unit housing community. 

Well, just a few short months later, it appeared that D.R. Horton wouldn’t be the only national homebuilder to break into the Antioch real estate market, but an apparent agreement between Lennar and Houston-based Hines just recently fell though. 

According to numerous reports from The Tennessean and the Nashville Business Journal, Lennar Homes, one of the country’s largest home builders, was planning to purchase a 64-acre site at 4360 Maxwell Road in the Antioch community, but has since backed out of the deal, leaving the subdivision site still available and now back on the

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Dickerson Pike Condo DevelopmentConstruction has officially started for a small, 9-unit condo development that will be located at Dickerson Pike and Evanston Avenue in Nashville. 

Being developed by the Burnett Real Estate Group, the boutique condo project, which will feature just nine units, will officially be located at 1015 Dickerson Pike, offering future residents a close proximity to a Piggly Wiggly Grocery Store, a Dollar General, a Family Dollar, and plenty of additional service businesses and restaurants along Dickerson Pike. 

Easy access to Interstate 24 also makes the new condo project’s location convenient, especially for anyone who frequently commutes into downtown Nashville or to any nearby suburb on a daily basis. 

Being called The Vue, a construction timeline or

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