Ultra Luxury Market update
Davidson County | July 2026
DAVIDSON COUNTY JULY 2026 OVERVIEW
July confirmed that Davidson County’s ultra-luxury market — defined in this month’s report as homes listed between $1.5M and $5M — is firm, liquid, and tilting gently toward sellers, most decisively in the sub-$2.5M core.
A total of 65 new listings entered the segment while 55 properties closed, representing $128.3M in closed volume and an average sale price of $2,332,911.
Sellers achieved an average of 97.7% of list price, with 22 of the 55 closings settling at or above full asking price — evidence that disciplined, precise pricing rather than ambition is driving successful outcomes.
This report covers Davidson County’s $1.5M–$5M ultra-luxury market. For homes from $750K to $1.499M, read the Luxury Market Update.
KEY JULY 2026 METRICS
- 65 New Listings ($1.5M–$5M)
- 55 Closed Sales
- $2,332,911 Average Sale Price
- $2,000,000 Median Sale Price
- $516 Average Sold Price Per Sq Ft
- 97.7% Average Sale-to-List Ratio
- 84 Median Days on Market
- 283 Active Listings
MARKET LIQUIDITY & BUYER DEMAND
Buyer demand strengthened through July. 46 homes are currently under contract at an average list price of roughly $2.55M, a solid, visible pipeline feeding August and September closings.
With 283 active listings representing $755 million in total list volume and roughly 4.4 months of supply, inventory is healthy without being oversupplied. Qualified buyers continued to reward turnkey homes across the Green Hills, Forest Hills, Oak Hill and West Meade pockets, where limited supply keeps competition strongest below $2.5M.
DOWNLOAD FULL JULY 2026 ULTRA-LUXURY REPORT
NOTABLE JULY ACTIVITY
- 6230 Bresslyn Rd, West Meade Farms — Listed at $4,950,000
- 4911 Sewanee Rd, Oak Hill — Sold at $4,500,000 (100% of list, 41 days)
July’s notable activity included 6230 Bresslyn Rd in West Meade Farms at $4,950,000 — the highest-priced new listing to enter the segment in July — and 4911 Sewanee Rd in Oak Hill, which closed at $4,500,000, a full 100% of list price, in just 41 days.
JULY MARKET INSIGHTS
- Healthy inventory met resilient buyer demand across the $1.5M–$5M band.
- 55 luxury properties closed, totaling $128.3M in volume.
- Pricing held firm at a $2,332,911 average sale price.
- $516 average sold price per square foot ($497 median).
- The sub-$2.5M tier remained the market’s transactional core, with 39 of 55 closings (71%).
July reinforced that precision beats optimism in Davidson County’s luxury market. Below $2.5M sellers hold genuine leverage — 40% of July’s sales closed at or above asking price — while buyers find the deepest selection and their strongest negotiating position above $3M, where 85 active listings competed for just 9 closings in July.
RECEIVE MONTHLY LUXURY MARKET UPDATES
Monthly insights on pricing trends, inventory shifts, buyer demand, and notable luxury activity across Davidson County.