542 Southgate Ave 223, Nashville, TN 37203
542 Southgate Ave 223, Nashville, TN 37203, sold for $620,000 on December 18, 2023 ($335/sq ft). 2 bd · 2.5 ba (2 full, 1 half) · 1,850 sqft · $335/sqft.
542 Southgate Ave 223, Nashville, TN 37203, sold for $620,000 on December 18, 2023 ($335/sq ft). 2 bd · 2.5 ba (2 full, 1 half) · 1,850 sqft · $335/sqft.
Sold December 18, 2023 · $620,000
MLS #2550322 · listed October 1, 2022 · updated June 19, 2026
2-bed, 2.5-bath condo at 542 Southgate Ave 223 in Southgate Commons, Nashville, 1,850 sqft, sold for $620,000 on December 18, 2023 ($335/sqft), listed by Compass.
542 Southgate Ave 223, a 2-bedroom, 2.5-bath condo in Nashville, TN 37203, sold for $620,000 on December 18, 2023, $4,598 (0.7%) below its last list price of $624,598, after 422 days on market, well over the Nashville 37203 12-month median of 35 days. The listing described it as a contemporary condo. At about $335/sq ft across 1,850 sq ft, the sale was about 43% below the Nashville 37203 median active list price of $591/sq ft and about 24% below the $438/sq ft median of 131 comparable condo closings in the past year. Nashville 37203 condo sales over the past 12 months: a median sale price of $620,000, up 3.3% from the year before; $452/sq ft, down 8.7% (409 closings, per Realtracs). There are 350 active listings in Nashville 37203 as of October 31, 2026, and sales there have closed near 97.2% of list in the 12 months to November 1, 2026.
Since this sale, condos in Nashville 37203 sold for a median $452/sq ft in the 12 months to November 1, 2026, down 16.9% from $544/sq ft in the 12 months to December 18, 2023, when this condo closed (279 and 434 closings, per Realtracs). That is a measure of the area, not a value for this condo.
Want a current value for this condo? Ask Grant Hammond for a comparative market analysis.
Timeline: listed October 1, 2022, under contract November 27, 2023 after 422 days on market, closed December 18, 2023, per Realtracs. It closed 0.7% below its original list price of $624,599.
Time to sell: 422 days on market, well over the 12-month median of 35 days for Nashville 37203 condo sales (169 closings with a recorded listing period, per Realtracs).
Recent closings in Nashville 37203: 131 comparable condos from $405,000 to $835,000, a median of $438/sq ft; this sale at $335/sq ft is about 24% below that median.
Market read: the Nashville 37203 condos market is buyer-favored as of October 31, 2026, at about 9.5 months of inventory; sales there have closed near 97.2% of list in the 12 months to November 1, 2026.
Next step: ask Grant Hammond about condos for sale near 542 Southgate Ave 223 or what this sale means for a home you own nearby; he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 350+ Nashville high-rise condo sales. Sale per Realtracs via IDX; figures as of June 19, 2026.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Welcome to your dream condo in the vibrant Wedgewood Houston neighborhood of Nashville, Tennessee! This stunning 2-bedroom, 2-bathroom unit offers 1,850 square feet of contemporary living space, perfectly situated close to all the attractions that make Nashville an iconic city. As you step inside, you'll be greeted by a spacious and well-lit open floor plan, designed to maximize comfort and functionality. The living area provides ample space for relaxation or entertainment, with large windows that flood the space with natural light. The modern kitchen is a chef's delight, featuring sleek countertops, stainless steel appliances, and plenty of storage for all your culinary needs.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 542 Southgate Ave 223 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Closed | $620,000 | -$4,599 (-0.7%) vs list | |
| Off market | |||
| Under contract | |||
| Listed | $624,599 |
Listed October 1, 2022, this listing was on the market 422 days before it went under contract. It closed on December 18, 2023 for $620,000 (-$4,599 (-0.7%) against the last list price).
542 Southgate Ave 223 sold for $620,000 on December 18, 2023, $4,598 (0.7%) below its last list price of $624,598. This condo is no longer for sale; the figures below are the recorded sale, per Realtracs.
| Closing price | $620,000 |
|---|---|
| Closed | |
| Listed | |
| Under contract | |
| Days on market | 422 (listing to contract) |
| Original list price | $624,599 |
| Last list price | $624,598 |
| Sale to list price | 99.3% |
| Area median days on market (12 mo) | 35 days, Nashville 37203 (169 closings) |
| Price per sq ft at closing | $335 |
Closing price and date per Realtracs via IDX. Not an estimate of current value.
| Metric | This condo | Nashville 37203 active | Recently sold |
|---|---|---|---|
| Sale price / sq ft | $335 | $591 median | $438 median |
| Price position | - | -43% vs median | ~97.2% of list |
| Nashville 37203 vs greater Nashville | - | +78% | - |
| Recent closings | - | - | 131 sales |
This sale beside the active Nashville 37203 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 1, 2026.
Its sale at $335/sq ft compares with a median of $591/sq ft across the active condos in Nashville 37203 as of November 1, 2026.
Nashville 37203 trades about 78% above greater Nashville on a price-per-square-foot basis.
Taken together, this condo reads toward the lower end per square foot for Nashville 37203.
Computed by Grant Hammond from the active Nashville 37203 comparables (Realtracs via IDX), as of November 1, 2026.
Median closed price and price per square foot by unit size in Southgate Commons, from the last 24 months of recorded sales:
| Unit size | Median sold | Median $/sq ft | Closings |
|---|---|---|---|
| 1 BR | $230,000 | $544 | 3 |
| 2 BR | $565,000 | $419 | 10 |
Computed by Grant Hammond from recorded Southgate Commons closings, grouped by unit size (Realtracs via IDX).
| Active listings | 350 in Nashville 37203 condos |
|---|---|
| Recent absorption | about 36.8 sales / mo |
| Months of inventory | 9.5 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37203 condos sold at about 97.2% of list price.
Recorded sales in Nashville 37203 condos: 409 in the past 12 months.
Supply-side and recent-sale context for Nashville 37203 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37203 condos closings. Source Realtracs via IDX, as of October 31, 2026.
542 Southgate Ave 223 sits in Southgate Commons, Nashville, null County.
In Nashville 37203, homes there are priced around $591 per square foot; inventory in Nashville 37203 condos is running at about 9.5 months, a buyer-favored market; recent sales closed near 97.2% of list price; 131 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 1, 2026.
Approximately 1.9 miles from downtown Nashville (straight-line distance).
Get the full details, recent comparable sales, and any off-market options for 542 Southgate Ave 223. This home has sold; ask about similar homes for sale nearby or what this sale means for a home you own. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable condos that closed near 542 Southgate Ave 223 in the past 12 months, by price and size. Closing prices per Realtracs.
Comparable listings near 542 Southgate Ave 223, by price and size.
Listed by Stephen Neal, Compass. Properties marked with the MTRMLS logo are provided courtesy of the Realtracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
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No. 542 Southgate Ave 223, Nashville sold for $620,000 on December 18, 2023, per Realtracs. Ask Grant Hammond, Compass RE, about condos for sale nearby.
542 Southgate Ave 223 was listed on October 1, 2022 and went under contract on November 27, 2023, after 422 days on the market, per Realtracs.
No. The asking price has been $624,599 since it was listed on October 1, 2022.
$620,000, closing on December 18, 2023, $4,598 (0.7%) below its last list price of $624,598; about $335 per square foot across 1,850 square feet.
Below. It sold for $620,000, $4,598 (0.7%) below its last list price of $624,598 and 0.7% below its original list price of $624,599, per Realtracs.
Per the listing, a contemporary condo. 1,850 square feet, 2 bedrooms, 2.5 bathrooms (2 full, 1 half).
Nashville 37203 condo sales over the past 12 months: a median sale price of $620,000, up 3.3% from the year before; $452/sq ft, down 8.7% (409 closings, per Realtracs).
Since the sale, condos in Nashville 37203 sold for a median $452/sq ft in the 12 months to November 1, 2026, down 16.9% from $544/sq ft in the 12 months to December 18, 2023, when this condo closed (279 and 434 closings, per Realtracs). That is a measure of the area, not a value for this condo.
2 bedrooms and 2.5 bathrooms (2 full, 1 half).
Year built is not reported.
542 Southgate Ave 223, Nashville is in the Southgate Commons subdivision of Nashville.
422 days on market from listing to contract, well over the 12-month median of 35 days for Nashville 37203 condo sales (169 closings with a recorded listing period, per Realtracs).
At about $335 per square foot, it sold about 24% below the $438 median of 131 recent comparable closings in Nashville 37203, per Realtracs. Computed by Grant Hammond.
Ask Grant Hammond, Compass RE, through the form on this page or call or text (615) 945-7123; he can send active listings and recent sales in Southgate Commons as they come up.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and 350+ Nashville high-rise condo sales. Use the question form on this page.
Own a home near 542 Southgate Ave 223?
This condo sold for $620,000 on December 18, 2023. Grant Hammond, Compass RE, can show what yours could sell for, from this sale and the other recent closings in Southgate Commons.
