With the new Nashville Sounds ballpark, Farmers’ Market and the attractions of downtown just moments away, the Buena Vista and Elizabeth Park neighborhoods on the city’s north side are attracting new attention from builders and homebuyers.
“I guess the secret’s out,” said Pete Prosser, a Realtor with Zeitlin & Co. Realtors. “It’s jumped Rosa Parks Boulevard.”
Until now, much of the development north of downtown has been concentrated in the Germantown and Salemtown neighborhoods, which extend eight blocks from the Cumberland River to Rosa Parks Boulevard.
Demand for new homes in Nashville’s urban core is outpacing supply in those two neighborhoods, leading developers to Buena Vista and Elizabeth Park on the west side of Rosa Parks Boulevard. Those neighborhoods extend from Rosa Parks Boulevard west to Dr. D.B. Todd Jr. Boulevard.
Prosser recently sold a new home at 1000 Clay St. that had a list price of $295,000. The house was on the market for less than two weeks before a buyer snapped it up. In comparison, the Greater Nashville Association of Realtors said the average home in the Nashville area is on the market for 56 days before selling.
“It’s a significant emerging market,” said Prosser. (continue reading at Tennessean)