NASHVILLE LUXURY
HIGH-RISE MARKET UPDATE

Alexander Brandau Partners with Aperture Global Real Estate

NASHVILLE HIGH-RISE MARKET OVERVIEW | SEPTEMBER 2026

Nashville’s luxury high-rise market picked up in September as closings rose and the luxury tier returned. Closed sales climbed from 14 to 17, while 44 new active listings entered Davidson County’s luxury condominium market and active inventory rose to 262 units, its highest level of 2026.

Pricing softened. Sellers achieved an average 93.8% of asking price, down from 96.7% in August, and the median sale price eased to $435,000 as entry-level closings took a larger share of sales. The average closed price per square foot measured $526, close to August’s $542.

The luxury tier came back, with four sales above $1 million, two of them at The Residences at Broadwest. The Encore led all buildings with four closings, including a top-floor penthouse that sold at its full $1.2 million asking price. At the top of the market, a $9 million residence at the Paramount returned to the market in September.

Every report is built using actual MLS transaction data—not forecasts.

KEY SEPTEMBER 2026 STATISTICS

44

NEW ACTIVE LISTINGS

17

CLOSED SALES

$435K

Median Sale Price

$526

AVERAGE PRICE PER

SQUARE FOOT

$9.0M

NOTABLE ACTIVE LISTING

Paramount

$1.2M

NOTABLE CLOSED SALE

The Encore

SEPTEMBER 2026 MARKET STATUS

A snapshot of inventory, pricing, and momentum across Nashville’s luxury high-rise market.

Inventory

RISING INVENTORY

44 new listings entered the market in September and active inventory rose to 262 units, the highest month-end count of 2026.

Pricing

SOFTER PRICING

Sellers achieved 93.8% of asking price, down from 96.7% in August, and the median sale price eased to $435,000 on a sales mix weighted toward entry-level units.

Velocity

MORE CLOSINGS

Closed sales rose from 14 in August to 17 in September, including four above $1 million, while average days on market lengthened from 106 to 147.

MARKET TREND

SHIFTING TOWARD BUYERS

With 262 active listings, eight units under contract, and 51 listings past 180 days, the market enters October tilting toward buyers, with negotiating room in aged inventory.

DOWNLOAD THE SEPTEMBER 2026 REPORT

RECEIVE MONTHLY NASHVILLE HIGH-RISE MARKET UPDATES

Luxury condo inventory, pricing trends, and transaction activity—delivered monthly.

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