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Felix Homes Reports Nashville builders cannot keep up with demand

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Felix Homes Reports Nashville builders cannot keep up with demand

December 23
02:39 2020
Felix Homes Reports Nashville builders cannot keep up with demand
Felix Homes is a Nashville based real estate agency that is enabling home-sellers to sell their properties at attractive prices due to increased demand for single-family homes in the neighborhood!

Nashville, TN, USA – Renowned real estate broker Felix Homes reports a number of statistics about the Davidson County real estate market. Although they report that new housing sales have remained relatively consistent over the past year, the same is not to be said of sales prices of new homes in the area. For example, the median sales price of a new home in Davidson County has increased by 27% over the past 5 years, from $339,000 to $430,920 with projections for a new home in the county to reach $550,000 in another 5 years in 2025.

However, as with every projection there is an exception. One of the more affordable areas in Davidson County for new homes is Antioch, which has a 2020 median sales price almost 30% lower than the median prices in the entire county ($430,920 for the county vs $304,400). It’s not surprising to see that real estate prices have exploded in Nashville, which is a very quickly growing city due to many people from out of state settling in who are looking to live in an area with a relatively low cost of living.

Digital Real Estate Brokerage Felix Homes has compiled the data here: https://www.felixhomes.com/blog/nashville-new-construction-report

Felix Homes has become the number one choice of people who are looking to purchase new construction homes in Nashville TN. One of the most popular area codes that they display home information about is the 37211 area code. While talking about their latest research, the co-founder and CEO of Felix Homes, Tyler Forte said: “As more people move to Nashville from more expensive cities (New York, Los Angeles, San Francisco, Chicago) home builders cannot build fast enough. Over the past 5 years, there have been roughly 1,467 new homes built in Davidson County per year. In 2015 the median price for a new home was $339,000 compared to $430,920 in 2020, a 27% increase. New homes in Davidson County are being purchased at a historic rate. Typically new homes stayed on the market for just 10 days over the past 5 years. In 2020, the median days on market for a new home were just 4 days. The typical new home is 3 bedrooms and 2.5 bathrooms.” While talking about the value added by Felix Homes in real estate dealings, he added: “Felix Homes is the most financially responsible brokerage to sell your home. Not only do we charge a lower commission, but our team of top agents, photographers, marketers, and best-in-class technology helps sellers get the highest price for your home by helping them net an extra $8,100 more per transaction.”

Felix Homes is a one-stop-platform for home buyers and home sellers who are looking to connect with counterparties without spending much money and time.

About the Company:

Felix Homes is a local low-commission real estate brokerage based in Nashville, TN that has established itself as a trusted real-estate agency among the residents of the region.

Media Contact
Company Name: Felix Homes
Contact Person: Tyler Forte
Email: Send Email
Phone: 615-422-4277
Address:2550 Meridian Blvd
City: Nashville
State: TN 37067
Country: United States
Website: https://www.felixhomes.com/