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Cleveland Park, McFerrin Park & Highland Heights 2013 Annual Real Estate Report

STATE OF 37207

Brian Copeland & The Real Estate Team of

615.763.4010 » 615.369.3278 » www.nashvilleandbeyond.com » 615 Woodland Street, Nashville 37206

THE NASHVILLE AND BEYOND TEAMSOLD MORE HOMES IN 37207 (UNITS AND VOLUME) THAN ANYONE IN ‘13!*

» BRIAN COPELAND, INMAN NEWS’ 100 MOST INFLUENTIAL REAL ESTATE LEADERS, GREATER NASHVILLE’S REALTOR OF YEAR, NATIONAL MARKETING INSTRUCTOR

» MEGAN MANLY, TOP 1% AGENT IN THE MIDDLE TENNESSEE MARKETPLACE, VILLAGE’S NEW AGENT OF THE YEAR IN 2011.

» BRAD COPELAND, A TOP BUYERS’ AGENTS IN MIDDLE TENNESSEE, LEADERSHIP GNAR GRADUATE, INVESTOR SPECIALIST, STAGING & DESIGN PROFESSIONAL

* BASED ON 2013 STATISTICS FROM THE MIDDLE TENNESSEE MLS REALTRACS USING COMPARATIVE DATA FROM TERRADATUM.

Rebuilding Together Nashville, a nonprofit working to provide free safe and healthy housing repairs for low-income homeowners, will host Building a Healthy Neighborhood this May 29, 30 and 31. The three-day rebuild will provide critical home repairs and modifications to 15 homes, install a new playground, clean up alleys and provide an overall effort to revitalize common areas in the Cleveland and McFerrin Park neighborhoods. Rebuilding Together Nashville is actively seeking community partners, sponsors and contributors to participate in the rebuild. Contact Rebuilding Together Nashville at 615-297-3955 to get more information or visit rebuildingtogethernashville.org.

Cleveland Park and McFerrin Park homeowners who bought

their homes prior to 2012 can likely sell at a profit.

2013 brought a host of renovations and new construction homes to the

historic area of 37207. The previous years’ recession hampered the momen-

tum the area had been enjoying for several years. Investors jumped into

the market while prices were low and held them for healthier profit after the

recession. Currently, Highland Heights is experiencing some purchases

by investors who have gained confidence in the zone’s potential for higher

prices. Due to square footage on average being less in Highland Heights,

average and median prices will hover lower.

CLEVELAND PARKIn 2013, 56 single family homes closed. The highest closed price was $289,900. The highest closed price per square foot was for $153.57 for 1400 square feet. Average days on market were 71. Nine (9) homes failed to sell in the 2013 marketplace and expired.

MCFERRIN PARKIn 2013, 31 single family homes closed. The highest closed price was $341,900. The highest closed price per square foot was for $163.22 for 968 square feet. Average days on market were 57. Eight (8) homes failed to sell in the 2013 marketplace and expired.

HIGHLAND HEIGHTSIn 2013, 64 single family homes closed. The highest closed price was $239,000. The highest closed price per square foot was for $148.59 for 920 square feet. Average days on market were 55. Nineteen (19) homes failed to sell in the 2013 marketplace and expired.

THE THREE NEIGHBORHOODS AND SQ. FT.In 2013, Highland Height’s average sold home had 1241 square feet. Cleveland Park’s average sold home had 1456 square feet. McFerrin Park’s average sold home had 1749 square feet.

DID YOU KNOW? » THE HIGHEST PRICE EVER GARNERED FOR A HOME WAS $314K.

» IN RECENT MARKET HISTORY, THE CHEAPEST HOME WAS $3,150.

» IN 2013, A HOME BUILT IN THE YEAR 1888 SOLD.

» THE AVERAGE RENT IS $748 FOR A 780 SQ FT HOME.

Get your home’s potential price in less than 60 seconds! VISIT 37207.INFO TODAY!

» IN MCFERRIN PARK, HOME SELLERS RECEIVED 99% OF THEIR ASKING PRICE. THE LARGEST HOUSE TO SELL IN 2013 HAD 2945 SQUARE FEET.

» IN CLEVELAND PARK, HOME SELLERS RECEIVED 97.5% OF THEIR ASKING PRICE. THE SMALLEST HOUSE TO SELL IN 2013 HAD 704 SQUARE FEET.

» IN HIGHLAND HEIGHTS, HOME SELLERS RECEIVED 97% OF THEIR ASKING PRICE. THE CHEAPEST HOUSE SOLD IN 2013 WAS ONLY $9,999.

» OVER THE PAST 10 YEARS, THESE THREE COMBINED NEIGHBORHOODS HAVE SEEN AN APPRECIATION OF 112%.

We care about the Cleveland Park, McFerrin Park and Highland Heights communities. We invest our time and money to improve where you live.

Our main value statement as a team is to be a part of the fabric of the East

Nashville community. Each of us live right here! Annually, our team invests

more than $60,000 back into the community in areas ranging from hunger to

the arts (and even the “Save The Roxy” campaign). We serve on numerous

nonprofit boards, volunteering 100s of hours every year.

“For up-to-date

neighborhood news,

statistics and facts,

visit our blog at

NashvilleAndBeyond.com.”

Appreciation based on increase from 2012 to 2013.

2013 SUMMARY

VISIT 37207.INFO TODAY FOR YOUR HOME’S POSSIBLE PRICE IN 60 SECONDS.