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 4/19/2015)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,014 sq ft
    Lot size: 40,946 sqft
    Listed with Reliant Realty, LLC
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  2. 4 beds, 2 full baths
    Home size: 2,024 sq ft
    Lot size: 28,749 sqft
    Listed with Team Wilson Real Estate Partners
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  3. 3 beds, 2 full, 1 part baths
    Home size: 2,561 sq ft
    Listed with Reliant Realty
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  4. 3 beds, 2 full baths
    Home size: 1,501 sq ft
    Lot size: 7,405 sqft
    Listed with Pilkerton Realtors
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  5. 4 beds, 2 full, 1 part baths
    Home size: 2,592 sq ft
    Lot size: 8,712 sqft
    Listed with Fridrich & Clark Realty
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  6. 2 beds, 2 full, 1 part baths
    Home size: 1,979 sq ft
    Listed with Avenue Real Estate Services
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  7. 4 beds, 3 full baths
    Home size: 2,388 sq ft
    Lot size: 12,632 sqft
    Listed with Fridrich & Clark Realty
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  8. 4 beds, 3 full baths
    Home size: 2,920 sq ft
    Lot size: 29,620 sqft
    Listed with Sisco & Farris, LLC
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  9. 3 beds, 2 full, 1 part baths
    Home size: 1,470 sq ft
    Listed with Benchmark Realty, LLC
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  10. 3 beds, 2 full baths
    Home size: 2,100 sq ft
    Lot size: 7,405 sqft
    Listed with Team Wilson Real Estate Partners
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  11. 3 beds, 2 full, 1 part baths
    Home size: 1,658 sq ft
    Lot size: 6,534 sqft
    Listed with Keller Williams Realty
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  12. 5 beds, 3 full baths
    Home size: 2,517 sq ft
    Lot size: 6,534 sqft
    Listed with RE/MAX Elite
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  13. 2 beds, 2 full, 1 part baths
    Home size: 2,004 sq ft
    Listed with Keller Williams Realty
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  14. 3 beds, 3 full baths
    Home size: 2,000 sq ft
    Lot size: 7,840 sqft
    Listed with Village Real Estate Services
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  15. 3 beds, 3 full baths
    Home size: 2,000 sq ft
    Lot size: 7,840 sqft
    Listed with Village Real Estate Services
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  16. 4 beds, 2 full, 1 part baths
    Home size: 3,436 sq ft
    Lot size: 11,761 sqft
    Listed with BuySelf, Inc.
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  17. 3 beds, 2 full, 1 part baths
    Home size: 1,595 sq ft
    Listed with RE/MAX Elite
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  18. 3 beds, 2 full, 1 part baths
    Home size: 2,050 sq ft
    Lot size: 7,840 sqft
    Listed with Accelerate Realty Group
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  19. 4 beds, 2 full, 1 part baths
    Home size: 2,330 sq ft
    Lot size: 8,712 sqft
    Listed with Exit Realty Diversified
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  20. 3 beds, 2 full baths
    Home size: 1,837 sq ft
    Lot size: 13,068 sqft
    Listed with PARKS
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  21. 3 beds, 2 full, 1 part baths
    Home size: 1,823 sq ft
    Lot size: 7,840 sqft
    Listed with SilverPointe Properties
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  22. 4 beds, 2 full, 1 part baths
    Home size: 3,167 sq ft
    Lot size: 12,196 sqft
    Listed with Worth Properties LLC
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  23. 3 beds, 2 full baths
    Home size: 1,998 sq ft
    Lot size: 9,583 sqft
    Listed with Keller Williams Realty
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  24. 3 beds, 1 full, 1 part baths
    Home size: 1,458 sq ft
    Lot size: 12,632 sqft
    Listed with Felts Jackson Waggoner Real Estate Services
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  25. 5 beds, 3 full, 1 part baths
    Home size: 3,572 sq ft
    Lot size: 15,246 sqft
    Listed with ResultsMLS.com
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  26. 3 beds, 3 full, 1 part baths
    Home size: 1,717 sq ft
    Listed with Fridrich & Clark Realty
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  27. 3 beds, 2 full baths
    Home size: 1,973 sq ft
    Lot size: 14,374 sqft
    Listed with Kingston Realty & Development
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  28. 2 beds, 2 full, 1 part baths
    Home size: 2,415 sq ft
    Lot size: 6,098 sqft
    Listed with Pilkerton Realtors
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  29. 2 beds, 2 full, 1 part baths
    Home size: 1,710 sq ft
    Listed with Keller Williams Realty
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  30. 3 beds, 2 full, 1 part baths
    Home size: 2,360 sq ft
    Lot size: 10,500 sqft
    Listed with Worth Properties LLC
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  31. 2 beds, 2 full, 1 part baths
    Home size: 1,691 sq ft
    Listed with Crye-Leike, Inc., REALTORS
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  32. 3 beds, 2 full, 1 part baths
    Home size: 2,360 sq ft
    Lot size: 10,500 sqft
    Listed with Worth Properties LLC
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  33. 4 beds, 2 full, 1 part baths
    Home size: 2,739 sq ft
    Lot size: 40,075 sqft
    Listed with Pilkerton Realtors
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  34. 3 beds, 3 full, 1 part baths
    Home size: 2,880 sq ft
    Lot size: 8,276 sqft
    Listed with The Trendex Group, Inc.
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  35. 3 beds, 1 full, 1 part baths
    Home size: 1,408 sq ft
    Lot size: 12,196 sqft
    Listed with Jones Properties
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  36. 4 beds, 2 full, 1 part baths
    Home size: 2,890 sq ft
    Lot size: 14,810 sqft
    Listed with Keller Williams Realty
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  37. 3 beds, 2 full baths
    Home size: 1,884 sq ft
    Lot size: 28,749 sqft
    Listed with Pilkerton Realtors
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  38. 1 bed, 1 full, 1 part baths
    Home size: 1,350 sq ft
    Listed with Keller Williams Realty
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  39. 3 beds, 2 full baths
    Home size: 1,450 sq ft
    Lot size: 7,405 sqft
    Listed with Benchmark Realty, LLC
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  40. 3 beds, 1 full bath
    Home size: 1,408 sq ft
    Lot size: 33,976 sqft
    Listed with Keller Williams Realty
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  41. 4 beds, 3 full baths
    Home size: 2,582 sq ft
    Lot size: 33,105 sqft
    Listed with Realty Trust Residential, LLC
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  42. 3 beds, 2 full, 1 part baths
    Home size: 2,166 sq ft
    Listed with McAlister & Young
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  43. 3 beds, 1 full, 1 part baths
    Home size: 1,700 sq ft
    Lot size: 7,405 sqft
    Listed with Benchmark Realty, LLC
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  44. 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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  45. 3 beds, 2 full baths
    Home size: 1,678 sq ft
    Lot size: 5,662 sqft
    Listed with Keller Williams Realty
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  46. 3 beds, 3 full, 1 part baths
    Home size: 2,300 sq ft
    Listed with Pilkerton Realtors
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  47. 3 beds, 2 full baths
    Home size: 1,915 sq ft
    Lot size: 7,840 sqft
    Listed with Sneaky Ninja, Inc.
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  48. 3 beds, 3 full baths
    Home size: 3,451 sq ft
    Lot size: 5.40 ac
    Listed with Fridrich & Clark Realty
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  49. 3 beds, 2 full, 1 part baths
    Home size: 2,548 sq ft
    Lot size: 9,147 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  50. 3 beds, 3 full, 1 part baths
    Home size: 2,121 sq ft
    Lot size: 4,100 sqft
    Listed with Coldwell Banker Barnes
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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