Archives for April 2012

Heritage Valley Home For Sale, Contemporary, All Brick Home on 2 Acres

Heritage Valley Home For Sale, Contemporary, All Brick  Home on 2 Acres

Searching for Nashville area Real Estate but want a nice large Yard and a country lifestyle?  Wilson County may be a better answer for you.

Just 7 years old, this all brick home on Lebanons North side has many sought after extras.


  1. All Brick Construction
  2. Cathedral Ceilings
  3. Hardwood Flooors
  4. 1 Level Living
  5. Huge Master Down ( of course).
  6. 2 acre Lot
  7. 1 Mile to LaGuardo Recreation area with Lake access, Boat Ramp, pic-nik ing and supervised swimming area.
  8. tons of closets<iframe



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Lebanon TN Homes For Sale: Heritage Valley Homes with Room to Breath

Lebanon Homes For Sale: Heritage Valley Homes with Room to Breath

Lebanon home buyers looking for something special are discovering Heritage Valley.  Modern homes with 1 and 2 acre lots, perfect for an active outdoor lifestyle.

Sunset on Old Hickory Lake

Heritage Valley began development after 2000, when a small group of local craftsmen builders began this community.  The neighborhood was designed for families looking to get away from the crowded lots in Mount Juliet and Providence.

Home in Heritage Valley

Home owners in Heritage Valley  have  these amenities:

  1. Boat Access  and swimming on Old Hickory Lake at La Garda Recreation area just a mile down the road.
  2. No Restrictions on keeping boats or 4 Wheel vehicles on their property.
  3. Modern, all brick  homes designed and built by local craftsmen like Eastland Construction.
  4. Mt. Juliet Schools, consistently among the top 3 in Tennessee.
  5. No overcrowding, homes have at least 1 acre each.
  6. Quick commute to Nashville, whether your driving on I40 or riding the Music City Star high speed rail from nearby Martha Station.

    The Music City Star: Lebanon to Nashville

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Heritage Valley

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Greater Nashville 1st Quarter Home Sales Report: Prices Stable as Home Sales increase 15%

Prices Stable as Home Sales increase  15%- Nashville Housing Market Officially “Balanced”.

The Greater Nashville area has ended the first 3 Months of 2012 with double digit sales increaes over 2011.

Nashville Homes Sales First Qtr 2011




Last year the average price of a Nashville Home between Jan-Mar. was $245, 995

Nashville Homes Sales First Qtr 2012




Sales in the same period increased a whopping 15% .

At the same time we can see that:

  1.  The all important Price Per Sq. Ft. remained stable at $104.
  2. Equally important the Days on Market ( time between listing and sale), actually came down slightly to 92 days.
  3. Here’s the really good news, The chart below shows only 8, 000 homes available in the Greater Nashville area. Almost 2,000 (25%) of those are Pending or Under Contract.  That leaves 6,000 homes available and we are currently selling at a 900 per month pace.  This means that the current inventory of homes could sell in a little over 6 months.
    A six month supply of homes is officially a “Balanced Market”, that is neither a “Buyer’s Market”, nor a “Seller’s Market”.

Mt. Juliet Home Sales Report 1st. Quarter 2012: Home Sales Gains as Prices Slip

Mt. Juliet Posts Home sales Gains as Prices Slip

2012 has started off well for Mt. Juliet Home Sellers, home sales in the Jan.-Mar period moved from 172 homes sales in 2011 to 192 homes in 2012.  A gain of 11%.

However, despite those sales gains , the numbers indicate Wilson County homes may be losing some of their value.

Mt. Juliet Home sales First Qtr. 2011


Mt. Juliet Home sales First Qtr. 2012

Inside the numbers; 
1. As the chart above shows, the price per sq.ft. is dropping, Buyers in 2011 paid $105 per sq.ft. for a home in Mt. Juliet .
This year Mt. Juliet Home Buyers are paying $97 per sq.ft.  That’s an 8% drop in price Year-Over-Year (Y-O-Y).
2. Days on Market or DOM( the time from Listing to Sold), is increasing.  The average Mt. Juliet Home sold in about 65 days in 2011. In 2012 the average  DOM has increased to 84 days, an increase of 23%!
3. There are currently 466 properties on the market in Mt. Juliet.  At our current Rate of Absorption (ROA) of 64 homes selling each month it will take over 7 months to sell that many homes. Anything over 6 months is a Buyer’s Market.
Available homes in Mt. Juliet April 2012