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 11/1/2014)

  1. 4 beds, 3 full, 1 part baths
    Home size: 3,733 sq ft
    Lot size: 10,890 sqft
    Listed with Keller Williams Realty
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  2. 3 beds, 2 full baths
    Home size: 2,200 sq ft
    Lot size: 1.13 ac
    Listed with Freeman Webb Co., REALTORS
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  3. 3 beds, 2 full baths
    Home size: 1,804 sq ft
    Lot size: 6,969 sqft
    Listed with RE/MAX Fine Homes
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  4. 2 beds, 2 full baths
    Home size: 1,420 sq ft
    Listed with Benchmark Realty, LLC
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  5. 3 beds, 2 full, 1 part baths
    Home size: 3,522 sq ft
    Lot size: 9,147 sqft
    Listed with Worth Properties LLC
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  6. 1 bed, 4 full, 1 part baths
    Home size: 1,484 sq ft
    Listed with Crye-Leike, Inc., REALTORS
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  7. 4 beds, 3 full baths
    Home size: 2,287 sq ft
    Lot size: 10,890 sqft
    Listed with Sneaky Ninja, Inc.
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  8. 3 beds, 2 full, 1 part baths
    Home size: 1,640 sq ft
    Lot size: 871 sqft
    Listed with Fridrich & Clark Realty
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  9. 3 beds, 3 full baths
    Home size: 3,281 sq ft
    Lot size: 10,890 sqft
    Listed with Pilkerton Realtors
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  10. 4 beds, 2 full, 1 part baths
    Home size: 3,269 sq ft
    Lot size: 1.15 ac
    Listed with Reliant Realty, LLC
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  11. 4 beds, 2 full, 1 part baths
    Home size: 2,195 sq ft
    Lot size: 6,098 sqft
    Listed with Reliant Realty
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  12. 4 beds, 2 full baths
    Home size: 2,100 sq ft
    Lot size: 23,086 sqft
    Listed with Keller Williams Realty
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  13. 3 beds, 3 full, 1 part baths
    Home size: 1,701 sq ft
    Lot size: 7,405 sqft
    Listed with Avenue Real Estate Services
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  14. 3 beds, 2 full, 1 part baths
    Home size: 1,890 sq ft
    Lot size: 7,405 sqft
    Listed with RE/MAX Elite
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  15. 3 beds, 2 full, 1 part baths
    Home size: 2,169 sq ft
    Lot size: 10,890 sqft
    Listed with Third Coast Real Estate, LLC
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  16. 3 beds, 2 full, 1 part baths
    Home size: 1,908 sq ft
    Lot size: 6,000 sqft
    Listed with Third Coast Real Estate, LLC
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  17. 3 beds, 2 full, 1 part baths
    Home size: 1,860 sq ft
    Lot size: 7,405 sqft
    Listed with Third Coast Real Estate, LLC
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  18. 3 beds, 2 full, 1 part baths
    Home size: 2,396 sq ft
    Lot size: 5.00 ac
    Listed with Keller Williams Realty
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  19. 3 beds, 3 full, 1 part baths
    Home size: 1,717 sq ft
    Lot size: 7,405 sqft
    Listed with Avenue Real Estate Services
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  20. 3 beds, 3 full, 1 part baths
    Home size: 2,132 sq ft
    Lot size: 8,276 sqft
    Listed with Neal Clayton Realtors, LLC
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  21. 3 beds, 1 full bath
    Home size: 1,386 sq ft
    Lot size: 21,780 sqft
    Listed with Keller Williams Realty
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  22. 3 beds, 2 full, 1 part baths
    Home size: 1,450 sq ft
    Lot size: 11,761 sqft
    Listed with Pilkerton Realtors
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  23. 6 beds, 2 full, 1 part baths
    Home size: 2,015 sq ft
    Lot size: 16,000 sqft
    Listed with Reliant Realty, LLC
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  24. 3 beds, 2 full baths
    Home size: 1,410 sq ft
    Lot size: 7,405 sqft
    Listed with The Trendex Group, Inc.
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  25. 3 beds, 2 full baths
    Home size: 1,684 sq ft
    Lot size: 16,000 sqft
    Listed with Reliant Realty, LLC
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  26. 3 beds, 2 full, 1 part baths
    Home size: 2,348 sq ft
    Listed with Realty Trust Residential, LLC
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  27. 3 beds, 3 full baths
    Home size: 2,450 sq ft
    Lot size: 4,750 sqft
    Listed with Christianson, Patterson, Courtney & Associates
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  28. 4 beds, 2 full baths
    Home size: 3,537 sq ft
    Lot size: 28,314 sqft
    Listed with Town & Country Homes Real Estate
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  29. 2 beds, 2 full baths
    Home size: 1,675 sq ft
    Lot size: 4,791 sqft
    Listed with Village Real Estate Services
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  30. 4 beds, 3 full, 1 part baths
    Home size: 2,330 sq ft
    Lot size: 3,484 sqft
    Listed with adex! homesellers
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  31. 3 beds, 2 full, 1 part baths
    Home size: 1,600 sq ft
    Lot size: 4,356 sqft
    Listed with Reliant Realty
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  32. 2 beds, 2 full baths
    Home size: 1,300 sq ft
    Listed with Pareto Realty
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  33. 3 beds, 2 full baths
    Home size: 1,385 sq ft
    Listed with David Pearson Real Estate
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  34. 3 beds, 3 full baths
    Home size: 1,668 sq ft
    Lot size: 6,534 sqft
    Listed with Village R.E. Services
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  35. 4 beds, 3 full baths
    Home size: 3,190 sq ft
    Lot size: 13,068 sqft
    Listed with Benchmark Realty, LLC
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  36. 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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  37. 3 beds, 2 full, 1 part baths
    Home size: 3,551 sq ft
    Lot size: 10,454 sqft
    Listed with Keller Williams Realty
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  38. 3 beds, 2 full, 1 part baths
    Home size: 2,369 sq ft
    Lot size: 15,681 sqft
    Listed with Keller Williams Realty
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  39. 2 beds, 2 full baths
    Home size: 1,891 sq ft
    Lot size: 9,583 sqft
    Listed with Kirkwood Property Group
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  40. 3 beds, 3 full, 1 part baths
    Home size: 1,895 sq ft
    Lot size: 7,200 sqft
    Listed with Parks
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  41. 3 beds, 3 full, 1 part baths
    Home size: 1,974 sq ft
    Listed with Benchmark Realty, LLC
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  42. 7 beds, 3 full, 1 part baths
    Home size: 4,851 sq ft
    Lot size: 10,018 sqft
    Listed with Keller Williams Realty
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  43. 3 beds, 3 full baths
    Home size: 2,021 sq ft
    Lot size: 7,405 sqft
    Listed with Keller Williams Realty
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  44. 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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  45. 4 beds, 2 full baths
    Home size: 1,476 sq ft
    Lot size: 5,227 sqft
    Listed with Suburban and Urban Real Estate Services
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  46. 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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  47. 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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  48. 3 beds, 2 full baths
    Home size: 1,740 sq ft
    Lot size: 1.03 ac
    Listed with BuySelf, Inc.
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  49. 3 beds, 2 full baths
    Home size: 2,025 sq ft
    Lot size: 6,969 sqft
    Listed with Parks
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  50. 3 beds, 3 full, 2 part baths
    Home size: 2,091 sq ft
    Listed with Benchmark Realty, LLC
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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