Williamson County Real Estate: Tennessee: Nashville

Nashville Real Estate For Sale - May 2018 Update

Nashville real estate for sale - Home prices in the Nashville area continue to rise with the median price of homes sold in April up to $295,000, an increase of 7.3% over the same period in 2017. The market for Nashville condos is even hotter, the median price of condos increased 16.7% in last 12 months to $222,750. The good news for buyers is that the inventory of available homes has increased slightly for the first time in several years.

  • the average days on market for Nashville homes sold during the month was 32 days
  • the median price of Nashville homes sold was $295,000 compared to $275,000 the previous April
  • the absorption rate of homes based on April sales and current inventory is only 3 months
  • The median price of Nashville condos increased 16.7% to $222,750
  • The absorption rate of condos in Nashville based on April sales and the current inventory is less than 2 months

Nashville real estate is in a very active sellers market with inventory levels shrinking on a monthly basis, driving up the prices of homes and condos to record prices. With the shortage of available lots and the growth in the area, I expect this trend to continue for several years. Search for Nashville real estate here

Find the value of your Nashville home here Nashville real estate values,  

information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area
 

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Nashville Real Estate For Sale - May 2018 Update
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Nashville real estate for sale - Home prices in the Nashville area continue to rise with the median price of homes sold in April up to $295, 000, an increase of 7. 3% over the same period in 2017. The market for Nashville condos is even hotter, the… more
Nashville Luxury Homes For Sale - January 2018
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Nashville luxury homes for sale - Sales of homes in the Million dollars and over price range more than doubled in December compared to the same period last year with 79 closings for the month compared to 37 for December of 2016 433 Nashville… more
Nashville Real Estate - January 2018
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Nashville real estate for sale - Home prices in the Nashville area continue to rise with the median price of homes sold in December up to $294, 000, an increase of 10. 3% over the same period in 2016. The market for Nashville condos is even hotter,… more
Nashville Real Estate - November 2017
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Nashville real estate for sale - Home prices in the Nashville area continue to rise with the median price of homes sold in October up to $277, 642, an increase of 6. 4% over the same period in 2016. the average days on market for homes sold was only… more
Nashville Real Estate - October 2017 Update
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Nashville real estate for sale - Home prices in the Nashville area continue to rise with the median price of homes sold in September up to $280, 000, an increase of 8. 9% over the same period in 2016. The market for Nashville condos is even hotter… more
Nashville Luxury Homes - September 2017
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Nashville luxury homes are becoming more active compared to last year, with 85 sales during the month of August compared to 67 for the same month one year ago. The average sales price of luxury homes for the month of August 2017 was $1, 487, 008, and… more
Nashville Homes for Sale - September 2017 Update
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Nashville homes for sale - The median price of Nashville homes increased 12. 6% in August compared to the same month in 2016. the average days on market for homes sold was only 25 days the median price of Nashville homes sold was $285, 000 compared… more
Nashville Homes - July Market Update
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Nashville Homes for sale - Nashville is in a sellers market with an absorption rate of less than 2 months and median prices of single family homes at 12. 9% higher than they were just 12 months ago. the average days on market for homes sold was… more
Nashville Luxury Homes - June 2017 Market Update
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Nashville luxury homes for sale - The pace of purchases of homes listed for one million dollars or more in the Nashville area has increased considerably with 77 closings during the month of May compared to 62 for may of 2016, an increase of 24%… more
Nashville Homes for Sale - June 2017
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Nashville homes for sale and May market report - Nashville is in a sellers market Nashville real estate sales for the first 5 months of this year are up 7% compared to the same period last year, with 15, 606 closing through the end of May. The… more