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 10/25/2014)

  1. 4 beds, 2 full baths
    Home size: 2,139 sq ft
    Lot size: 9,583 sqft
    Listed with Sneaky Ninja, Inc.
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  2. 5 beds, 3 full baths
    Home size: 3,227 sq ft
    Lot size: 8,712 sqft
    Listed with RE/MAX Elite
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  3. 3 beds, 2 full baths
    Home size: 1,910 sq ft
    Lot size: 7,840 sqft
    Listed with The Realty Association
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  4. 2 beds, 3 full, 1 part baths
    Home size: 2,088 sq ft
    Listed with Pilkerton Realtors
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  5. 3 beds, 2 full baths
    Home size: 2,627 sq ft
    Lot size: 23,086 sqft
    Listed with American Heritage Inc.
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  6. 4 beds, 3 full baths
    Home size: 3,401 sq ft
    Lot size: 40,075 sqft
    Listed with Benchmark Realty, LLC
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  7. 3 beds, 2 full, 1 part baths
    Home size: 1,671 sq ft
    Lot size: 7,405 sqft
    Listed with Parks
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  8. 3 beds, 3 full, 2 part baths
    Home size: 2,214 sq ft
    Lot size: 8,000 sqft
    Listed with Village Real Estate Services
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  9. 3 beds, 3 full, 2 part baths
    Home size: 1,680 sq ft
    Lot size: 8,000 sqft
    Listed with Village Real Estate Services
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  10. 3 beds, 3 full, 2 part baths
    Home size: 1,680 sq ft
    Lot size: 8,000 sqft
    Listed with Village Real Estate Services
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  11. 2 beds, 2 full, 1 part baths
    Home size: 1,319 sq ft
    Lot size: 8,000 sqft
    Listed with Village Real Estate Services
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  12. 4 beds, 2 full, 1 part baths
    Home size: 3,077 sq ft
    Lot size: 8,712 sqft
    Listed with Fridrich & Clark Realty
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  13. 3 beds, 2 full, 1 part baths
    Home size: 1,703 sq ft
    Lot size: 8,712 sqft
    Listed with Legacy Real Estate Group
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  14. 3 beds, 2 full baths
    Home size: 1,848 sq ft
    Lot size: 1.05 ac
    Listed with Market Street Properties, LLC
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  15. 3 beds, 2 full, 1 part baths
    Home size: 1,703 sq ft
    Lot size: 8,712 sqft
    Listed with Legacy Real Estate Group
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  16. 1 bed, 1 full, 1 part baths
    Home size: 1,356 sq ft
    Listed with Berkshire Hathaway HomeServices Woodmont Realty
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  17. 1 bed, 1 full, 1 part baths
    Home size: 1,550 sq ft
    Listed with Berkshire Hathaway HomeServices Woodmont Realty
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  18. 4 beds, 2 full, 1 part baths
    Home size: 2,650 sq ft
    Lot size: 6,098 sqft
    Listed with Village Real Estate Services
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  19. 3 beds, 2 full baths
    Home size: 1,410 sq ft
    Lot size: 4,356 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  20. 3 beds, 3 full baths
    Home size: 2,125 sq ft
    Lot size: 14,810 sqft
    Listed with Christianson, Patterson, Courtney & Associates
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  21. 3 beds, 3 full baths
    Home size: 3,216 sq ft
    Listed with Fridrich & Clark Realty
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  22. 3 beds, 2 full, 1 part baths
    Home size: 1,536 sq ft
    Lot size: 17,424 sqft
    Listed with Village Real Estate Services
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  23. 3 beds, 2 full baths
    Home size: 1,389 sq ft
    Lot size: 30,056 sqft
    Listed with Felts Jackson Waggoner Real Estate Services
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  24. 4 beds, 2 full, 1 part baths
    Home size: 3,462 sq ft
    Lot size: 7,840 sqft
    Listed with The DeSelms Team
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  25. 4 beds, 2 full, 1 part baths
    Home size: 2,398 sq ft
    Lot size: 12,196 sqft
    Listed with Keller Williams Realty
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  26. 4 beds, 3 full baths
    Home size: 2,213 sq ft
    Lot size: 6,969 sqft
    Listed with Village Real Estate Services
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  27. 3 beds, 2 full, 1 part baths
    Home size: 1,448 sq ft
    Listed with HND Realty
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  28. 3 beds, 2 full baths
    Home size: 1,380 sq ft
    Lot size: 8,276 sqft
    Listed with American Heritage Inc.
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  29. 3 beds, 3 full baths
    Home size: 1,684 sq ft
    Lot size: 17,424 sqft
    Listed with Village Real Estate Services
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  30. 2 beds, 2 full baths
    Home size: 1,720 sq ft
    Listed with Fridrich & Clark Realty
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  31. 3 beds, 2 full baths
    Home size: 1,408 sq ft
    Lot size: 7,405 sqft
    Listed with Zeitlin & Co., Realtors
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  32. 4 beds, 3 full, 1 part baths
    Home size: 3,670 sq ft
    Lot size: 27,500 sqft
    Listed with Bob Parks Realty
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  33. 3 beds, 2 full baths
    Home size: 1,426 sq ft
    Lot size: 19,166 sqft
    Listed with RE/MAX Choice Properties
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  34. 2 beds, 2 full, 1 part baths
    Home size: 1,616 sq ft
    Listed with Benchmark Realty, LLC
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  35. 3 beds, 2 full baths
    Home size: 1,767 sq ft
    Lot size: 8,712 sqft
    Listed with Synergy Realty Network, LLC
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  36. 3 beds, 2 full, 1 part baths
    Home size: 1,888 sq ft
    Listed with Benchmark Realty, LLC
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  37. 4 beds, 2 full, 1 part baths
    Home size: 2,300 sq ft
    Lot size: 12,632 sqft
    Listed with Keller Williams Realty
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  38. 3 beds, 2 full, 1 part baths
    Home size: 2,082 sq ft
    Lot size: 17,424 sqft
    Listed with Village Real Estate Services
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  39. 4 beds, 3 full baths
    Home size: 2,600 sq ft
    Lot size: 2.29 ac
    Listed with Fridrich & Clark Realty
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  40. 3 beds, 2 full baths
    Home size: 2,522 sq ft
    Lot size: 10,454 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  41. 3 beds, 1 full bath
    Home size: 1,339 sq ft
    Lot size: 14,374 sqft
    Listed with Martin Properties
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  42. 3 beds, 2 full, 1 part baths
    Home size: 2,007 sq ft
    Lot size: 8,276 sqft
    Listed with Benchmark Realty, LLC
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  43. 3 beds, 3 full baths
    Home size: 1,602 sq ft
    Lot size: 43,560 sqft
    Listed with Village Real Estate Services
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  44. 3 beds, 3 full baths
    Home size: 1,684 sq ft
    Lot size: 17,424 sqft
    Listed with Village Real Estate Services
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  45. 3 beds, 3 full baths
    Home size: 2,265 sq ft
    Lot size: 13,939 sqft
    Listed with Benchmark Realty, LLC
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  46. 3 beds, 2 full, 1 part baths
    Home size: 2,475 sq ft
    Lot size: 11,325 sqft
    Listed with Fridrich & Clark Realty
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  47. 3 beds, 2 full, 1 part baths
    Home size: 1,840 sq ft
    Lot size: 5,227 sqft
    Listed with Benchmark Realty, LLC
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  48. 4 beds, 2 full, 1 part baths
    Home size: 3,004 sq ft
    Lot size: 13,503 sqft
    Listed with Village Real Estate Services
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  49. 2 beds, 2 full, 1 part baths
    Home size: 3,767 sq ft
    Lot size: 2,178 sqft
    Listed with HALO Realty, LLC
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  50. 3 beds, 2 full, 1 part baths
    Home size: 2,082 sq ft
    Lot size: 17,424 sqft
    Listed with Village Real Estate Services
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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