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 to $253,000 the previous August
- the absorption rate of homes based on August sales and current inventory is only 2 months
- The inventory level of single family homes is down 5.5% compared to the same period last year
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.
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Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.
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.