Nashville Luxury Market Update

Davidson County | August 2026 | $750,000 – $1,499,999

DAVIDSON COUNTY AUGUST 2026 OVERVIEW

This Nashville luxury market update covers August 2026, the first meaningful slowdown of the year for Davidson County’s $750,000–$1,499,999 homes: 75 sales closed and months of supply rose from 3.8 to 5.4.

Pricing held: the median sale price rose to $965,000 and homes sold at 97.1% of list price, so well-positioned homes still commanded full value.

Performance varied by price point — the $900K–$1.05M band moved fastest at 3.1 months of supply, while the $1.35M–$1.5M band stretched to 10.4 months.

This report covers Davidson County’s $750K–$1.499M luxury market. For homes from $1.5M to $5M, read the Ultra-Luxury Market Update.

KEY AUGUST 2026 METRICS

  • 107 New Listings ($750K–$1.499M)
  • 75 Closed Sales
  • $997,191 Average Sale Price
  • $965,000 Median Sale Price
  • $370 Average Sold Price Per Sq Ft
  • $330 Median Sold Price Per Sq Ft
  • 97.1% Average Sale-to-List Ratio
  • 65 Median Days on Market
  • 402 Active Listings

MARKET LIQUIDITY & BUYER DEMAND

August closed with 52 homes under contract and 5.4 months of supply, moving the segment from seller-favorable conditions into a balanced market.

Buyer demand slowed but stayed active for well-positioned homes: 39% of sales closed at or above list, and the $900K–$1.05M band led the segment at 3.1 months of supply, a 54-day median and 98.5% of list.

August 2026 vs. July 2026
  • Closed sales: 75 vs. 104 (−28%)
  • Median sale price: $965,000 vs. $945,000 (+2.1%)
  • Average sale price: $997,191 vs. $994,575 (+0.3%)
  • Average sold price per sq ft: $370 vs. $370 (flat)
  • Sale-to-list ratio: 97.1% vs. 97.8% (−70 bps)
  • Sales at or above list: 39% vs. 47% (−8 pts)
  • Median days on market: 65 vs. 68 (−3 days)

Segment definition: single-family and residential listings in Davidson County, Tennessee, priced from $750,000 to $1,499,999. Reporting period August 1–31, 2026, benchmarked against July 2026 and Q2 2026. Data source: RealTracs MLS export, Davidson County; active and under-contract counts reflect a mid-September 2026 snapshot.

DOWNLOAD FULL AUGUST 2026 LUXURY MARKET REPORT

NOTABLE AUGUST ACTIVITY

300 Rolling Mill Road in Brandywine Farms entered the market at $1,299,900 — about $183 per square foot for 7,100 square feet — while 6001 Sedberry Road in Harding Park closed at $1,360,000, 104.7% of list price, after going under contract in five days.

NASHVILLE LUXURY MARKET UPDATE: AUGUST INSIGHTS

Sellers should launch at the right number from day one, especially above $1.35M, where the band now carries 10.4 months of supply. Buyers have more selection and negotiating room above $1.35M, while homes between $900K and $1.05M continue to move quickly.

The $750K–$1.5M tier represents Davidson County homes positioned above the broader market and below the separate ultra-luxury segment, offering meaningful luxury choices.

RECEIVE THE MONTHLY NASHVILLE LUXURY MARKET UPDATE

Monthly insights on pricing trends, inventory shifts, buyer demand, and notable luxury activity across Davidson County.

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