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 4/23/2014)

  1. 4 beds, 3 full, 1 part baths
    Home size: 2,895 sq ft
    Lot size: 13,503 sqft
    Listed with Music City, REALTORS
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  2. 3 beds, 1 full, 1 part baths
    Home size: 1,576 sq ft
    Lot size: 43,124 sqft
    Listed with RDH Services, LLC
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  3. 3 beds, 3 full, 1 part baths
    Home size: 2,259 sq ft
    Lot size: 1.40 ac
    Listed with Fridrich & Clark Realty
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  4. 3 beds, 2 full baths
    Home size: 2,400 sq ft
    Lot size: 27,442 sqft
    Listed with List For Less Realty, LLC
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  5. 3 beds, 3 full baths
    Home size: 1,440 sq ft
    Lot size: 4,950 sqft
    Listed with Benchmark Realty, LLC
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  6. 3 beds, 2 full baths
    Home size: 1,355 sq ft
    Lot size: 8,712 sqft
    Listed with Neal Clayton Realtors, LLC
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  7. 3 beds, 3 full baths
    Home size: 1,440 sq ft
    Lot size: 4,950 sqft
    Listed with Benchmark Realty, LLC
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  8. 4 beds, 2 full, 1 part baths
    Home size: 2,588 sq ft
    Lot size: 9,147 sqft
    Listed with Benchmark Realty, LLC
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  9. 4 beds, 2 full, 1 part baths
    Home size: 2,669 sq ft
    Lot size: 9,147 sqft
    Listed with Worth Properties LLC
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  10. 2 beds, 2 full baths
    Home size: 1,470 sq ft
    Listed with Westgate Property Mgt., LLC
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  11. 3 beds, 2 full baths
    Home size: 1,340 sq ft
    Lot size: 14,374 sqft
    Listed with Avenue Real Estate Services
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  12. 4 beds, 2 full, 1 part baths
    Home size: 2,393 sq ft
    Lot size: 16,335 sqft
    Listed with Village Real Estate Services
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  13. 2 beds, 2 full, 1 part baths
    Home size: 1,430 sq ft
    Listed with Village Real Estate Services
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  14. 3 beds, 2 full baths
    Home size: 1,406 sq ft
    Lot size: 14,810 sqft
    Listed with Brown & Brown Realty
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  15. 5 beds, 4 full, 1 part baths
    Home size: 3,810 sq ft
    Lot size: 1.76 ac
    Listed with Allison James Estates and Homes of Tennessee
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  16. 4 beds, 3 full baths
    Home size: 3,584 sq ft
    Lot size: 1.14 ac
    Listed with Fridrich & Clark Realty
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  17. 4 beds, 3 full baths
    Home size: 2,628 sq ft
    Listed with Keller Williams Realty
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  18. 3 beds, 1 full bath
    Home size: 2,091 sq ft
    Lot size: 9,583 sqft
    Listed with Nashville Property Management Pros
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  19. 3 beds, 1 full, 1 part baths
    Home size: 1,474 sq ft
    Listed with Coldwell Banker Barnes
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  20. 3 beds, 2 full baths
    Home size: 1,949 sq ft
    Lot size: 14,810 sqft
    Listed with Coldwell Banker Barnes
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  21. 3 beds, 2 full, 1 part baths
    Home size: 2,368 sq ft
    Lot size: 8,712 sqft
    Listed with Village Real Estate Services
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  22. 3 beds, 2 full baths
    Home size: 1,949 sq ft
    Lot size: 1.03 ac
    Listed with Forest Hills REALTORS
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  23. 3 beds, 3 full baths
    Home size: 1,890 sq ft
    Lot size: 39,204 sqft
    Listed with Zeitlin & Co., Realtors
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  24. 3 beds, 2 full baths
    Home size: 1,586 sq ft
    Listed with Berkshire Hathaway HomeServices Woodmont Realty
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  25. 3 beds, 2 full, 1 part baths
    Home size: 2,519 sq ft
    Lot size: 12,500 sqft
    Listed with Keller Williams Realty
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  26. 3 beds, 3 full, 1 part baths
    Home size: 1,761 sq ft
    Listed with Weichert Realtors, The Andrews Group
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  27. 3 beds, 2 full, 1 part baths
    Home size: 2,504 sq ft
    Lot size: 9,147 sqft
    Listed with American Heritage Inc.
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  28. 3 beds, 2 full, 1 part baths
    Home size: 2,504 sq ft
    Listed with American Heritage Inc.
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  29. 4 beds, 4 full, 1 part baths
    Home size: 2,936 sq ft
    Lot size: 3.00 ac
    Listed with RE/MAX Fine Homes
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  30. 3 beds, 2 full, 1 part baths
    Home size: 1,837 sq ft
    Lot size: 11,325 sqft
    Listed with Berkshire Hathaway HomeServices Woodmont Realty
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  31. 3 beds, 2 full, 1 part baths
    Home size: 3,661 sq ft
    Lot size: 8,712 sqft
    Listed with Benchmark Realty, LLC
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  32. 3 beds, 2 full, 1 part baths
    Home size: 2,250 sq ft
    Lot size: 9,147 sqft
    Listed with Benchmark Realty, LLC
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  33. 4 beds, 2 full, 1 part baths
    Home size: 2,899 sq ft
    Lot size: 9,583 sqft
    Listed with The Wilson Group
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  34. 3 beds, 2 full, 1 part baths
    Home size: 1,410 sq ft
    Lot size: 3,920 sqft
    Listed with Renew Real Estate Services
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  35. 3 beds, 2 full, 1 part baths
    Home size: 1,410 sq ft
    Lot size: 3,920 sqft
    Listed with Renew Real Estate Services
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  36. 3 beds, 2 full, 1 part baths
    Home size: 2,868 sq ft
    Lot size: 1.37 ac
    Listed with Keller Williams Realty
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  37. 3 beds, 2 full baths
    Home size: 2,400 sq ft
    Lot size: 7,840 sqft
    Listed with The DeSelms Team
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  38. 4 beds, 2 full baths
    Home size: 2,730 sq ft
    Lot size: 9,583 sqft
    Listed with Freeman Webb Co., REALTORS
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  39. 3 beds, 2 full, 1 part baths
    Home size: 1,833 sq ft
    Lot size: 6,098 sqft
    Listed with Keller Williams Realty
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  40. 3 beds, 3 full, 1 part baths
    Home size: 3,155 sq ft
    Lot size: 10,890 sqft
    Listed with Zeitlin & Co., Realtors
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  41. 3 beds, 2 full, 1 part baths
    Home size: 2,067 sq ft
    Lot size: 29,620 sqft
    Listed with Reliant Realty
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  42. 3 beds, 2 full baths
    Home size: 1,882 sq ft
    Lot size: 10,890 sqft
    Listed with SilverPointe Properties
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  43. 2 beds, 2 full, 1 part baths
    Home size: 1,908 sq ft
    Lot size: 6,969 sqft
    Listed with Reliant Realty
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  44. 2 beds, 2 full, 1 part baths
    Home size: 1,404 sq ft
    Listed with Benchmark Realty, LLC
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  45. 3 beds, 1 full bath
    Home size: 1,421 sq ft
    Lot size: 10,890 sqft
    Listed with Benchmark Realty, LLC
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  46. 2 beds, 2 full baths
    Home size: 1,584 sq ft
    Lot size: 31,798 sqft
    Listed with Sumner Realty Inc.
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  47. 2 beds, 2 full baths
    Home size: 1,880 sq ft
    Listed with Pareto Realty
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  48. 3 beds, 3 full baths
    Home size: 1,404 sq ft
    Lot size: 871 sqft
    Listed with Reliant Realty
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  49. 3 beds, 2 full, 1 part baths
    Home size: 2,157 sq ft
    Lot size: 5,227 sqft
    Listed with Keller Williams Realty
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  50. 4 beds, 3 full baths
    Home size: 2,195 sq ft
    Lot size: 6,098 sqft
    Listed with Reliant Realty
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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