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 7/25/2014)

  1. 4 beds, 1 full bath
    Home size: 1,512 sq ft
    Lot size: 6,098 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  2. 4 beds, 2 full baths
    Home size: 1,741 sq ft
    Lot size: 17,424 sqft
    Listed with Benchmark Realty, LLC
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  3. 4 beds, 2 full, 1 part baths
    Home size: 2,661 sq ft
    Lot size: 1.05 ac
    Listed with Vision Realty Partners, LLC
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  4. 4 beds, 3 full, 1 part baths
    Home size: 2,671 sq ft
    Lot size: 10,454 sqft
    Listed with Benchmark Realty, LLC
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  5. 3 beds, 2 full, 1 part baths
    Home size: 1,850 sq ft
    Lot size: 10,018 sqft
    Listed with Village Real Estate Services
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  6. 4 beds, 3 full baths
    Home size: 2,031 sq ft
    Listed with American Heritage Inc.
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  7. 3 beds, 2 full baths
    Home size: 2,275 sq ft
    Lot size: 10,890 sqft
    Listed with RE/MAX Elite
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  8. 3 beds, 1 full, 1 part baths
    Home size: 1,902 sq ft
    Lot size: 14,810 sqft
    Listed with The Lipman Group Sotheby's International Realty
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  9. 4 beds, 2 full, 1 part baths
    Home size: 2,511 sq ft
    Lot size: 10,454 sqft
    Listed with Century 21 Dawson & Assoc., Inc.
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  10. 4 beds, 2 full, 1 part baths
    Home size: 2,390 sq ft
    Lot size: 9,583 sqft
    Listed with Tennessee Realty Nashville
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  11. 4 beds, 3 full baths
    Home size: 2,181 sq ft
    Lot size: 7,405 sqft
    Listed with Village Real Estate Services
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  12. 3 beds, 2 full baths
    Home size: 1,619 sq ft
    Lot size: 7,405 sqft
    Listed with Vision Realty Partners, LLC
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  13. 4 beds, 3 full baths
    Home size: 3,217 sq ft
    Lot size: 41,817 sqft
    Listed with Keller Williams Realty
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  14. 4 beds, 2 full baths
    Home size: 1,785 sq ft
    Lot size: 8,712 sqft
    Listed with Benchmark Realty, LLC
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  15. 3 beds, 2 full baths
    Home size: 2,163 sq ft
    Lot size: 9,147 sqft
    Listed with Reliant Realty
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  16. 3 beds, 2 full, 1 part baths
    Home size: 2,300 sq ft
    Lot size: 8,276 sqft
    Listed with Village Real Estate Services
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  17. 3 beds, 2 full baths
    Home size: 1,856 sq ft
    Lot size: 7,840 sqft
    Listed with Christianson, Patterson, Courtney & Associates
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  18. 4 beds, 2 full, 1 part baths
    Home size: 3,562 sq ft
    Lot size: 1.29 ac
    Listed with Berkshire Hathaway HomeServices Woodmont Realty
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  19. 4 beds, 2 full, 1 part baths
    Home size: 2,597 sq ft
    Lot size: 28,314 sqft
    Listed with Brentview Realty Company
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  20. 3 beds, 2 full, 1 part baths
    Home size: 2,031 sq ft
    Listed with Coldwell Banker Barnes
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  21. 2 beds, 2 full baths
    Home size: 1,480 sq ft
    Listed with Tree Top Real Estate Group
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  22. 3 beds, 2 full, 1 part baths
    Home size: 2,052 sq ft
    Lot size: 7,405 sqft
    Listed with Reliant Realty, LLC
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  23. 3 beds, 2 full baths
    Home size: 1,447 sq ft
    Lot size: 10,454 sqft
    Listed with Benchmark Realty, LLC
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  24. 3 beds, 3 full baths
    Home size: 2,156 sq ft
    Lot size: 1,742 sqft
    Listed with Benchmark Realty, LLC
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  25. 4 beds, 3 full baths
    Home size: 2,195 sq ft
    Lot size: 14,810 sqft
    Listed with Exit Realty Bob Lamb & Associates
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  26. 3 beds, 1 full, 1 part baths
    Home size: 1,626 sq ft
    Lot size: 1.12 ac
    Listed with Keller Williams Realty
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  27. 4 beds, 2 full, 1 part baths
    Home size: 2,614 sq ft
    Lot size: 16,552 sqft
    Listed with Pilkerton Realtors
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  28. 3 beds, 2 full, 1 part baths
    Home size: 2,204 sq ft
    Lot size: 4,791 sqft
    Listed with Pilkerton Realtors
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  29. 3 beds, 2 full baths
    Home size: 2,486 sq ft
    Lot size: 24,829 sqft
    Listed with Parks
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  30. 2 beds, 2 full, 1 part baths
    Home size: 1,743 sq ft
    Listed with Keller Williams Realty
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  31. 3 beds, 3 full, 1 part baths
    Home size: 1,637 sq ft
    Lot size: 8,750 sqft
    Listed with Village Real Estate Services
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  32. 3 beds, 2 full, 1 part baths
    Home size: 2,112 sq ft
    Lot size: 9,583 sqft
    Listed with Bob Parks Realty
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  33. 4 beds, 4 full baths
    Home size: 3,016 sq ft
    Lot size: 1.03 ac
    Listed with Tom Buida Real Estate Services Inc.
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  34. 3 beds, 2 full baths
    Home size: 1,768 sq ft
    Lot size: 15,246 sqft
    Listed with Benchmark Realty, LLC
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  35. 3 beds, 2 full baths
    Home size: 1,634 sq ft
    Listed with Benchmark Realty, LLC
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  36. 2 beds, 2 full, 1 part baths
    Home size: 1,821 sq ft
    Listed with Village Real Estate Services
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  37. 3 beds, 2 full, 1 part baths
    Home size: 2,313 sq ft
    Lot size: 7,405 sqft
    Listed with RE/MAX Fine Homes
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  38. 3 beds, 2 full, 1 part baths
    Home size: 1,825 sq ft
    Lot size: 8,276 sqft
    Listed with Village Real Estate Services
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  39. 4 beds, 3 full, 1 part baths
    Home size: 2,405 sq ft
    Lot size: 7,250 sqft
    Listed with Benchmark Realty, LLC
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  40. 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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  41. 4 beds, 3 full, 1 part baths
    Home size: 2,438 sq ft
    Lot size: 7,250 sqft
    Listed with Benchmark Realty, LLC
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  42. 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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  43. 3 beds, 2 full baths
    Home size: 1,794 sq ft
    Lot size: 18,730 sqft
    Listed with Village Real Estate Services
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  44. 3 beds, 3 full baths
    Home size: 1,728 sq ft
    Lot size: 8,276 sqft
    Listed with Village Real Estate Services
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  45. 2 beds, 2 full baths
    Home size: 1,300 sq ft
    Listed with Village Real Estate Services
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  46. 3 beds, 2 full, 1 part baths
    Home size: 2,020 sq ft
    Lot size: 8,712 sqft
    Listed with Benchmark Realty, LLC
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  47. 3 beds, 3 full, 1 part baths
    Home size: 2,501 sq ft
    Listed with Fridrich & Clark Realty
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  48. 4 beds, 2 full, 1 part baths
    Home size: 2,540 sq ft
    Lot size: 8,276 sqft
    Listed with RE/MAX Elite
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  49. 5 beds, 2 full, 2 part baths
    Home size: 3,200 sq ft
    Lot size: 10,236 sqft
    Listed with RE/MAX Elite
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  50. 3 beds, 2 full baths
    Home size: 1,436 sq ft
    Lot size: 4,356 sqft
    Listed with Benchmark Realty, LLC
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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