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 11/26/2014)

  1. 3 beds, 3 full baths
    Home size: 2,400 sq ft
    Listed with Home Buyers Marketing II, Inc.
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  2. 3 beds, 2 full baths
    Home size: 1,620 sq ft
    Lot size: 9,583 sqft
    Listed with Benchmark Realty, LLC
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  3. 3 beds, 2 full, 1 part baths
    Home size: 1,786 sq ft
    Lot size: 7,405 sqft
    Listed with RE/MAX Choice Properties
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  4. 3 beds, 2 full, 1 part baths
    Home size: 1,786 sq ft
    Lot size: 7,405 sqft
    Listed with RE/MAX Choice Properties
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  5. 2 beds, 1 full bath
    Home size: 1,578 sq ft
    Lot size: 14,810 sqft
    Listed with Reliant Realty, LLC
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  6. 2 beds, 2 full baths
    Home size: 1,877 sq ft
    Lot size: 1.03 ac
    Listed with Crye-Leike, Realtors
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  7. 5 beds, 3 full, 1 part baths
    Home size: 3,730 sq ft
    Lot size: 21,780 sqft
    Listed with The DeSelms Team
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  8. 3 beds, 3 full baths
    Home size: 1,728 sq ft
    Lot size: 9,583 sqft
    Listed with Village Real Estate Services
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  9. 3 beds, 3 full baths
    Home size: 1,728 sq ft
    Lot size: 9,583 sqft
    Listed with Village Real Estate Services
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  10. 4 beds, 2 full, 1 part baths
    Home size: 2,520 sq ft
    Lot size: 8,712 sqft
    Listed with ResultsMLS.com
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  11. 3 beds, 2 full baths
    Home size: 1,804 sq ft
    Listed with David Pearson Real Estate
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  12. 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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  13. 4 beds, 2 full baths
    Home size: 2,050 sq ft
    Lot size: 15,681 sqft
    Listed with Keller Williams Realty
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  14. 3 beds, 3 full baths
    Home size: 1,650 sq ft
    Lot size: 9,583 sqft
    Listed with Benchmark Realty, LLC
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  15. 3 beds, 2 full, 1 part baths
    Home size: 2,758 sq ft
    Lot size: 6,534 sqft
    Listed with American Heritage Inc.
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  16. 4 beds, 3 full baths
    Home size: 2,311 sq ft
    Lot size: 7,840 sqft
    Listed with Keller Williams Realty
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  17. 1 bed, 1 full, 1 part baths
    Home size: 1,573 sq ft
    Listed with Parks
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  18. 4 beds, 2 full baths
    Home size: 1,540 sq ft
    Lot size: 30,056 sqft
    Listed with Veritas Realty Group, LLC
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  19. 3 beds, 2 full, 1 part baths
    Home size: 2,100 sq ft
    Lot size: 8,712 sqft
    Listed with RE/MAX Elite
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  20. 3 beds, 2 full baths
    Home size: 1,615 sq ft
    Lot size: 10,890 sqft
    Listed with Village Real Estate Services
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  21. 3 beds, 2 full, 1 part baths
    Home size: 2,828 sq ft
    Lot size: 10,890 sqft
    Listed with RE/MAX Elite
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  22. 3 beds, 2 full, 1 part baths
    Home size: 1,643 sq ft
    Listed with Village Real Estate Services
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  23. 3 beds, 2 full, 1 part baths
    Home size: 1,643 sq ft
    Listed with Village Real Estate Services
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  24. 3 beds, 2 full baths
    Home size: 1,683 sq ft
    Lot size: 7,840 sqft
    Listed with Berkshire Hathaway HomeServices Woodmont Realty
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  25. 2 beds, 2 full, 1 part baths
    Home size: 1,778 sq ft
    Listed with Zeitlin & Co., Realtors
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  26. 3 beds, 2 full, 1 part baths
    Home size: 2,282 sq ft
    Lot size: 10,890 sqft
    Listed with HND Realty
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  27. 3 beds, 2 full, 1 part baths
    Home size: 2,545 sq ft
    Lot size: 20,037 sqft
    Listed with Invent Real Estate Group, LLC
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  28. 3 beds, 2 full, 1 part baths
    Home size: 1,996 sq ft
    Lot size: 8,276 sqft
    Listed with Invent Real Estate Group, LLC
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  29. 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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  30. 3 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 41,817 sqft
    Listed with Exit Realty Diversified
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  31. 3 beds, 2 full baths
    Home size: 1,984 sq ft
    Lot size: 8,276 sqft
    Listed with TJC Realty, LLC
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  32. 5 beds, 4 full, 1 part baths
    Home size: 3,219 sq ft
    Lot size: 9,583 sqft
    Listed with TJC Realty, LLC
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  33. 3 beds, 2 full baths
    Home size: 1,945 sq ft
    Lot size: 8,276 sqft
    Listed with TJC Realty, LLC
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  34. 3 beds, 2 full baths
    Home size: 2,611 sq ft
    Lot size: 6,969 sqft
    Listed with Fridrich & Clark Realty
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  35. 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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  36. 4 beds, 2 full, 1 part baths
    Home size: 3,159 sq ft
    Lot size: 10,890 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  37. 5 beds, 3 full, 1 part baths
    Home size: 2,669 sq ft
    Lot size: 8,319 sqft
    Listed with TJC Realty, LLC
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  38. 3 beds, 2 full baths
    Home size: 1,525 sq ft
    Lot size: 13,068 sqft
    Listed with Hodges and Fooshee Realty Inc.
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  39. 3 beds, 2 full, 1 part baths
    Home size: 2,058 sq ft
    Lot size: 7,405 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  40. 3 beds, 2 full, 1 part baths
    Home size: 1,978 sq ft
    Lot size: 13,068 sqft
    Listed with Reliant Realty
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  41. 3 beds, 2 full baths
    Home size: 2,417 sq ft
    Lot size: 7,405 sqft
    Listed with Benchmark Realty, LLC
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  42. 3 beds, 2 full, 1 part baths
    Home size: 3,295 sq ft
    Lot size: 10.50 ac
    Listed with Keller Williams Realty
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  43. 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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  44. 3 beds, 2 full, 1 part baths
    Home size: 1,608 sq ft
    Lot size: 7,405 sqft
    Listed with Renew Real Estate Services
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  45. 2 beds, 2 full baths
    Home size: 1,343 sq ft
    Listed with Keller Williams Realty
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  46. 3 beds, 2 full baths
    Home size: 1,458 sq ft
    Listed with Change of Place Realty
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  47. 3 beds, 2 full baths
    Home size: 2,387 sq ft
    Lot size: 28,314 sqft
    Listed with Keller Williams Realty
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  48. 3 beds, 1 full bath
    Home size: 1,550 sq ft
    Lot size: 14,374 sqft
    Listed with Weichert Realtors, The Andrews Group
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  49. 3 beds, 3 full baths
    Home size: 1,566 sq ft
    Lot size: 11,325 sqft
    Listed with Benchmark Realty, LLC
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  50. 2 beds, 2 full, 1 part baths
    Home size: 1,620 sq ft
    Listed with Keller Williams Realty
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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