Nashville’s luxury high-rise market settled into a steadier pace in August after July’s surge. Closed sales moderated from 23 to 14, while 46 new active listings entered Davidson County’s luxury condominium market and active inventory held essentially flat at 254 units.
Pricing stayed firm. Sellers achieved an average 96.7% of asking price, up from 95.7% in July, and the median sale price rose to $622,500 while the average closed price per square foot measured $542. The shift reflects a sales mix concentrated in the middle of the market rather than a broad change in values.
Established Gulch and Midtown towers generated the most consistent activity. Icon Nashville led all buildings with five closings, The Pullman carried the deepest active inventory, and The Residences at Broadwest recorded its third consecutive month with a closing. A new $1.69 million listing at TwelveTwelve set a fresh pricing benchmark for the upper end of the Gulch.
Every report is built using actual MLS transaction data—not forecasts.
SQ. FT.
TwelveTwelve
The Residences at Broadwest
A snapshot of inventory, pricing, and momentum across Nashville’s luxury high-rise market.
46 new listings entered the market in August, yet active inventory held at 254 units, the third consecutive month between 253 and 255.
Sellers achieved 96.7% of asking price, up from 95.7% in July, and the median sale price rose to $622,500 on a mid-market sales mix.
Closed sales eased from 23 in July to 14 in August as the trophy tier paused, and average days on market lengthened from 84 to 106.
With 254 active listings, six units under contract, and 59 listings past 180 days, the market enters September balanced, with negotiating room in aged inventory.
Luxury condo inventory, pricing trends, and transaction activity—delivered monthly.
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