Specific neighborhoods in “it” cities are going on sale. Despite growing by a minimum of 100 new people moving into these “it” locations on a daily basis, there are discounted prices to be found.
Be an eagle agent and sniff out bargains for your clients. Here are some neighborhoods to check out in Nashville, San Diego and Seattle:
Greenwood, less than 30 minutes away from downtown, is on the east side of Nashville. It’s walk-able and safe. 30% of the homes for sale in Greenwood have seen cuts to listing prices.
Pleasant Acres is also on the eastside of Nashville. 40.6% of the homes in this quiet neighborhood have seen price cuts. The neighborhood is a straight shot by car to Nashville’s downtown.
Granny White has seen approximately 9% of its homes receive a cut in listing price.
The Tarragon Trails neighborhood southeast of Nashville is modestly priced and family friendly. Unfortunately, this neighborhood has seen no price cuts lately.
San Diego neighborhoods are not having clearance sales but listing prices have increased from 13.2% of the homes in 2017 to 19.1% in 2018.
Eastlake Woods West is an upscale neighborhood in the Chula Vista metro of San Diego. A whooping 46.2% of the homes in this neighborhood have experienced price cuts.
Midtown is a relatively walk-able urban neighborhood that is slightly more affordable than San Diego’s overall median price point of $650,000. 28.8% of the homes in Midtown have seen price cuts.
Fox Canyon is more affordable as a neighborhood than Midtown but only 8.7% of the homes for sale here have received price cuts.
Seattle’s home prices continue to increase, just not as much and not as fast.
Downtown Seattle, the priciest, has 2 bedroom condominiums priced at $1.5M. Price cuts in this neighborhood have touched only 3% of the homes for sale.
Riverview includes South Seattle College and Puget Park. This neighborhood is part of Seattle’s largest greenbelt. 19.8% of the homes here have seen price cuts.
The Forster Woods neighborhood of North Bend, 30 minutes west of central Seattle, has seen price cuts in 19.8% of its homes listed for sale.
The Upper West Ridge neighborhood in Woodinville, north of Seattle, has price cuts in 24.3% of its homes listed for sale.