Nashville Homes Market Report

NashvilleNashville Homes Market Report for October – 1917 Nashville homes sold in the month of October compared to 1446 last year. Nashville condo sales increased 40% from 188 to 264. Prices are rising also with the median prices of Nashville homes up from $162,000 last year to $175,100 this year, and increase of 8%. Nashville condo prices increased from $139,500 to $157,000, an increase of 12.5%.

Market conditions for Nashville real estate continue to improve for sellers with the inventory levels of single family homes down from 12,537 last year to 10,539 this year, a reduction of 16%. Nashville condos are even more dramatic with a 26% reduction, from 1731 last year to 1275 this year. With an increase in sales and a decrease in supply, the market will always move prices higher.

  • 1917 Nashville homes sold in Octover, a 33% increase over the previous October
  • 264 Nashville Condos sold in October, and increase of 40%
  • the median sales price of homes increased 8% to $162,000
  • the median sales price of condos increased 12.5% to $157,000
  • days on market for homes is averaging 83 days
  • based on October sales, the absorbtion rate for Nashville homes is 5.5 months

Nashville homes have been rapidly moving toward a sellers market, defined as less than 6 months inventory. We expect the trend to continue for a considerable length of time due to the low interest rates, and the reasonably good job market in Nashville.

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(all data current as of 1/28/2015)

  1. 3 beds, 2 full baths
    Home size: 1,948 sq ft
    Lot size: 7,840 sqft
    Listed with Benchmark Realty, LLC
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  2. 4 beds, 3 full baths
    Home size: 2,866 sq ft
    Lot size: 1.03 ac
    Listed with Grizzard Realty & Consult.Inc.
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  3. 4 beds, 2 full, 1 part baths
    Home size: 2,666 sq ft
    Lot size: 6,098 sqft
    Listed with Goldstar Realty
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  4. 3 beds, 2 full baths
    Home size: 2,316 sq ft
    Lot size: 14,810 sqft
    Listed with Keller Williams Realty
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  5. 3 beds, 2 full baths
    Home size: 2,354 sq ft
    Lot size: 25,700 sqft
    Listed with Keller Williams Realty
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  6. 4 beds, 2 full, 2 part baths
    Home size: 2,293 sq ft
    Lot size: 1.50 ac
    Listed with Realty Trust Residential, LLC
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  7. 3 beds, 2 full, 2 part baths
    Home size: 1,950 sq ft
    Lot size: 4,356 sqft
    Listed with Pilkerton Realtors
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  8. 3 beds, 2 full baths
    Home size: 1,998 sq ft
    Lot size: 9,583 sqft
    Listed with Brownstone Properties, LLC
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  9. 3 beds, 2 full, 1 part baths
    Home size: 1,793 sq ft
    Lot size: 13,068 sqft
    Listed with Benchmark Realty, LLC
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  10. 3 beds, 2 full baths
    Home size: 1,750 sq ft
    Lot size: 10,018 sqft
    Listed with Real Living Sterling Properties
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  11. 3 beds, 2 full, 1 part baths
    Home size: 2,309 sq ft
    Lot size: 5,662 sqft
    Listed with Exit Realty East Nashville
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  12. 3 beds, 2 full, 1 part baths
    Home size: 2,329 sq ft
    Lot size: 15,246 sqft
    Listed with Fridrich & Clark Realty
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  13. 2 beds, 2 full, 1 part baths
    Home size: 1,338 sq ft
    Listed with Pilkerton Realtors
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  14. 3 beds, 2 full, 1 part baths
    Home size: 1,684 sq ft
    Lot size: 3,750 sqft
    Listed with Pilkerton Realtors
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  15. 3 beds, 2 full baths
    Home size: 2,031 sq ft
    Listed with Benchmark Realty, LLC
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  16. 5 beds, 2 full, 1 part baths
    Home size: 3,296 sq ft
    Lot size: 11,325 sqft
    Listed with RE/MAX Fine Homes
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  17. 4 beds, 1 full bath
    Home size: 1,719 sq ft
    Lot size: 6,969 sqft
    Listed with Village Real Estate Services
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  18. 3 beds, 2 full baths
    Home size: 2,185 sq ft
    Lot size: 11,761 sqft
    Listed with Sneaky Ninja, Inc.
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  19. 3 beds, 2 full, 1 part baths
    Home size: 1,645 sq ft
    Lot size: 1,742 sqft
    Listed with Your Move Real Estate
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  20. 3 beds, 3 full baths
    Home size: 2,225 sq ft
    Lot size: 7,840 sqft
    Listed with Integrity First Realty
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  21. 3 beds, 3 full baths
    Home size: 1,884 sq ft
    Lot size: 13,939 sqft
    Listed with Village Real Estate Services
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  22. 3 beds, 2 full, 1 part baths
    Home size: 2,156 sq ft
    Listed with Keller Williams Realty
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  23. 4 beds, 3 full, 1 part baths
    Home size: 2,234 sq ft
    Lot size: 6,098 sqft
    Listed with RE/MAX Choice Properties
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  24. 3 beds, 3 full baths
    Home size: 1,728 sq ft
    Lot size: 13,939 sqft
    Listed with Village Real Estate Services
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  25. 4 beds, 2 full, 1 part baths
    Home size: 2,122 sq ft
    Lot size: 41,817 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  26. 4 beds, 2 full baths
    Home size: 2,725 sq ft
    Lot size: 19,602 sqft
    Listed with Benchmark Realty, LLC
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  27. 3 beds, 2 full, 1 part baths
    Home size: 2,570 sq ft
    Lot size: 11,761 sqft
    Listed with Keller Williams Realty
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  28. 3 beds, 2 full, 1 part baths
    Home size: 1,600 sq ft
    Lot size: 871 sqft
    Listed with Renew Real Estate Services
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  29. 3 beds, 2 full, 1 part baths
    Home size: 1,600 sq ft
    Lot size: 871 sqft
    Listed with Renew Real Estate Services
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  30. 3 beds, 2 full, 1 part baths
    Home size: 2,171 sq ft
    Lot size: 6,534 sqft
    Listed with Keller Williams Realty
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  31. 3 beds, 3 full, 1 part baths
    Home size: 2,704 sq ft
    Lot size: 6,969 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  32. 5 beds, 2 full, 1 part baths
    Home size: 2,520 sq ft
    Lot size: 10,018 sqft
    Listed with Celebration Homes
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  33. 5 beds, 2 full, 1 part baths
    Home size: 2,520 sq ft
    Lot size: 10,018 sqft
    Listed with Celebration Homes
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  34. 3 beds, 2 full, 1 part baths
    Home size: 2,371 sq ft
    Lot size: 12,196 sqft
    Listed with Crown Realty Homes
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  35. 5 beds, 3 full baths
    Home size: 3,112 sq ft
    Lot size: 10,890 sqft
    Listed with Benchmark Realty, LLC
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  36. 2 beds, 2 full, 1 part baths
    Home size: 1,330 sq ft
    Lot size: 7,405 sqft
    Listed with Village Real Estate Services
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  37. 3 beds, 3 full baths
    Home size: 1,795 sq ft
    Lot size: 9,147 sqft
    Listed with Pilkerton Realtors
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  38. 3 beds, 3 full baths
    Home size: 3,527 sq ft
    Lot size: 8,712 sqft
    Listed with Allison James Estates and Homes of Tennessee
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  39. 4 beds, 2 full baths
    Home size: 1,850 sq ft
    Lot size: 7,840 sqft
    Listed with Kirkwood Property Group
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  40. 4 beds, 2 full, 1 part baths
    Home size: 2,262 sq ft
    Lot size: 9,147 sqft
    Listed with Reliant Realty
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  41. 4 beds, 3 full baths
    Home size: 3,414 sq ft
    Lot size: 17,859 sqft
    Listed with Benchmark Realty, LLC
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  42. 4 beds, 2 full, 1 part baths
    Home size: 3,007 sq ft
    Lot size: 11,325 sqft
    Listed with RE/MAX Elite
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  43. 2 beds, 2 full, 1 part baths
    Home size: 1,330 sq ft
    Lot size: 7,405 sqft
    Listed with Village Real Estate Services
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  44. 3 beds, 2 full, 1 part baths
    Home size: 1,882 sq ft
    Lot size: 4,356 sqft
    Listed with Keller Williams Realty
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  45. 4 beds, 2 full, 1 part baths
    Home size: 2,828 sq ft
    Lot size: 10,454 sqft
    Listed with Keller Williams Realty
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  46. 4 beds, 2 full, 1 part baths
    Home size: 2,204 sq ft
    Lot size: 6,534 sqft
    Listed with Keller Williams Realty
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  47. 4 beds, 3 full baths
    Home size: 2,794 sq ft
    Lot size: 27,878 sqft
    Listed with Zeitlin & Co., Realtors
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  48. 4 beds, 3 full baths
    Home size: 2,354 sq ft
    Lot size: 15,681 sqft
    Listed with Village Real Estate Services
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  49. 3 beds, 1 full, 1 part baths
    Home size: 2,290 sq ft
    Lot size: 5.00 ac
    Listed with RE/MAX Elite
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  50. 4 beds, 3 full baths
    Home size: 3,151 sq ft
    Lot size: 6,098 sqft
    Listed with List For Less Realty, LLC
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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