Sales Rate for High Priced Homes in Middle Tennessee

    1999 2000 2001 2002 2003 2004 2005 2006 2007 Number of Listings 5/1/2007 Number of Listings 1/4/2008 Current Months of Inventory Change in Inventory 5/2007 to 1/2008
$700,000 $799,999 43 36 61 67 77 105 206 225 219 216 196 10.7 -10.2%
$800,000 $899,999 38 44 38 45 51 88 122 157 136 116 129 11.4 10.1%
$900,000 $999,999 11 24 20 19 22 36 54 86 84 101 84 12.0 -20.2%
$1,000,000 $1,099,999 10 5 8 10 16 22 29 43 32 29 29 10.9 0.0%
$1,100,000 $1,199,999 7 7 9 17 14 22 27 38 42 47 52 14.9 9.6%
$1,200,000 $1,299,999 5 5 11 4 12 16 24 38 29 60 59 24.4 -1.7%
$1,300,000 $1,399,999 7 1 10 6 9 18 23 22 38 38 46 14.5 17.4%
$1,400,000 $1,499,999 1 2 4 3 0 6 17 26 19 36 32 20.2 -12.5%
$1,500,000 $1,599,999 2 3 4 3 5 9 18 21 12 31 32 32.0 3.1%
$1,600,000 $1,699,999 1 2 2 3 3 6 13 11 17 34 24 16.9 -41.7%
$1,700,000 $1,799,999 1 3 1 6 3 5 10 7 15 16 17 13.6 5.9%
$1,800,000 $1,899,999 4 1 1 4 1 4 9 10 12 14 13 13.0 -7.7%
$1,900,000 $1,999,999 1 1 2 2 2 2 6 9 11 19 14 15.3 -35.7%
$2,000,000 $2,499,999 1 1 4 2 5 8 17 16 27 41 43 19.1 4.7%
$2,500,000 $2,999,999 1 5 1 3 3 3 5 10 11 29 22 24.0 -31.8%
$3,000,000 $3,999,999 2 0 0 2 0 1 7 6 3 8 13 52.0 38.5%
$4,000,000 and Up 0 1 0 1 0 0 1 1 1 8 12 144.0 33.3%
Based on Listings Sold in MLS on sites of less than 20 acres - Area includes Davidson, Williamson, Cheatham, Robertson, Sumner, Wilson and Rutherford Counties.

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Manier and Exton - Real Estate Appraisers and Consultants

2912 Berry Hill Drive - Nashville - Tennessee - 37204

E-Mail richard@exton.biz - Telephone 615-383-8751 - Fax 615-383-2114