Archives for February 2011

Mt. Juliet Leads Nashville in New Home Building Permits

Mt. Juliet Leads Nashville in New Home Building Permits

Mt. Juliet wins the Super Bowl of New Homes!

Sure the Green Bay Packers just won the Super Bowl.  But what Nashville area community won the most new Home permits?

In 2010 there were 4,400 New Home Permits in the 11 Nashville counties.  Broken down by city here were the results.

Gallatin 112, Hendersonville 136, Spring Hill 122, La Vergne 57. Lebanon had 132 new Home Permits and Franklin came in third with 287.  No. 2 was Murfreesboro with 346.

But the Winner with most New Home permits for 2010 was  ( drum Roll please)  Mt. Juliet! Mt. Juliet had 367 New Home permits issued in 2010.

That’s right , little Mt. Juliet is not so little anymore.  The word is out, Mt. Juliet is a great place to live. 

All of the major builders in the Nashville area are developing neighborhoods in the Mt. Juliet area. The low cost of land there means Nashville home buyers are finding similar plans there at a 30-40% discount from Williamson County.  The Jones Company’s new Kelsey Glen neighborhood has new Mt. Juliet homes with 3 car garages, all brick and almost 3,000 sq.ft. for less than $275,000! And the commute from Mt.Juliet to Nashville is much preferred over Nolensville and Franklin.

Mt. Juliet Schools are comparble to Brentwood and one of the local private schools, Mt. Juliet Christian, is a leader in college scholarships for high school graduates.

Old Hickory Lake Mt. Juliet, TN

Mt. Juliet also has lakes (2) and some of the best fishing and water sports in Tennessee. 

If you’re considering a  move to the Nashville area, don’t pass up on Mt. Juliet.

If you’re new to the area or need help with questions about Mt. Juliet nd it’s neighborhoods, call Cathy or me at 615-481-7609.

And if you would like to look at available homes in Mt. Juliet, use our award winning website, BNA.NashvilleHomeSeacher.com

It has all the latest listings with maps and aerial views of the homes. 

Use this link to seach just Mt. Juliet area homes.

Bna.NashvilleHomeSearcher.com/Mount_Juliet

Mt. Juliet Home Sales Rise as Prices Fall, Bridge Mill Village Leads Sales

Mt. Juliet Home Sales Rise as Prices Fall 

Mt. Juliet home sellers are smiling here in 2011 as early indications point to a recovery from 2010. January sales of Mt. Juliet homes rose to 51 units. Almost 30% higher that 1 year ago when January sales were just 37 units. 

 60% of the homes that sold in January were “New” homes. 

 Average price of a Mt. Juliet home was lower however. The average home sold there in January 2011 was $227,735  compared with last January when the average was $240,232. 

 Here at The Cathy Wood Team we track the  average price per sq. ft. of sold homes.  That number was $101.26 for January of 2011.  A year ago the average price per sq.ft. in January for Mt. Juliet was $105.55 per sq.ft.  

 The reason for the change can be explained by the builders.  Responding to the market, they are building slightly larger plans with slightly less features. New home models are showing a little less hardwood and a little more carpeting.  Many of the newer homes have more vinyl ( usually the back side) and less brick.For these reasons the average home sold this January in Mt. Juliet was about 25 sq.ft. larger than a year ago.  Accounting for part of the difference in price too. 

 The leading sub division for New Home sales in Mt. Juliet was Bridge Mill Village at Providence.  Those are row homes/town house built by Phillips Builders. With about 1,650 sq,ft. and priced below $175,000 these  homes are a big hit with young first time buyers.

Bridge Mill Village

The most popular sub-division for existing homes was our old friend Willoughby Station.  Willoughby has a lot to offer for families and prices have eased there in the last 2 years. There are bargains there if home buyers don’t mind some updating and sometimes having the master upstairs typically.

This was a very good start to the new year for home buyers and sellers in Mt. Juliet.