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 9/17/2014)

  1. 3 beds, 2 full, 1 part baths
    Home size: 2,393 sq ft
    Lot size: 12,632 sqft
    Listed with Zeitlin & Co., Realtors
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  2. 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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  3. 3 beds, 2 full baths
    Home size: 1,600 sq ft
    Lot size: 8,276 sqft
    Listed with Benchmark Realty, LLC
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  4. 5 beds, 1 full bath
    Home size: 2,018 sq ft
    Lot size: 7,500 sqft
    Listed with RealEstateAuctions.com Tennessee, LLC
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  5. 3 beds, 3 full baths
    Home size: 1,806 sq ft
    Lot size: 8,712 sqft
    Listed with Historic & Distinctive Homes
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  6. 2 beds, 2 full, 1 part baths
    Home size: 1,878 sq ft
    Listed with RE/MAX Elite
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  7. 2 beds, 2 full baths
    Home size: 1,344 sq ft
    Listed with Benchmark Realty, LLC
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  8. 2 beds, 2 full baths
    Home size: 1,499 sq ft
    Listed with ResultsMLS.com
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  9. 3 beds, 2 full baths
    Home size: 2,556 sq ft
    Lot size: 22,215 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  10. 3 beds, 1 full, 1 part baths
    Home size: 1,450 sq ft
    Lot size: 1.02 ac
    Listed with Zeitlin & Co., Realtors
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  11. 4 beds, 2 full, 2 part baths
    Home size: 4,622 sq ft
    Lot size: 2.00 ac
    Listed with Bob Parks Realty, LLC
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  12. 4 beds, 2 full, 1 part baths
    Home size: 2,850 sq ft
    Lot size: 11,761 sqft
    Listed with The Realty Association
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  13. 3 beds, 2 full, 1 part baths
    Home size: 2,268 sq ft
    Lot size: 740 sqft
    Listed with Keller Williams Realty
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  14. 3 beds, 3 full baths
    Home size: 2,380 sq ft
    Lot size: 1.01 ac
    Listed with City Choice, REALTORS
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  15. 3 beds, 2 full baths
    Home size: 1,307 sq ft
    Listed with Village Real Estate Services
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  16. 3 beds, 2 full baths
    Home size: 1,440 sq ft
    Lot size: 6,969 sqft
    Listed with Hodges and Fooshee Realty Inc.
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  17. 3 beds, 2 full, 1 part baths
    Home size: 2,229 sq ft
    Lot size: 5,227 sqft
    Listed with Benchmark Realty, LLC
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  18. 3 beds, 2 full, 1 part baths
    Home size: 1,860 sq ft
    Lot size: 6,534 sqft
    Listed with Benchmark Realty, LLC
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  19. 3 beds, 2 full, 1 part baths
    Home size: 2,459 sq ft
    Lot size: 8,712 sqft
    Listed with Fridrich & Clark Realty
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  20. 3 beds, 2 full, 1 part baths
    Home size: 2,229 sq ft
    Lot size: 5,662 sqft
    Listed with Benchmark Realty, LLC
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  21. 2 beds, 2 full baths
    Home size: 1,447 sq ft
    Lot size: 7,405 sqft
    Listed with Life Style Real Estate Advisors, Inc.
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  22. 3 beds, 2 full baths
    Home size: 1,425 sq ft
    Lot size: 7,405 sqft
    Listed with Pareto Realty
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  23. 3 beds, 2 full baths
    Home size: 2,136 sq ft
    Lot size: 32,670 sqft
    Listed with Fridrich & Clark Realty
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  24. 3 beds, 2 full, 1 part baths
    Home size: 2,100 sq ft
    Listed with Complete Real Estate, LLC
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  25. 3 beds, 1 full, 1 part baths
    Home size: 1,508 sq ft
    Lot size: 12,632 sqft
    Listed with American Heritage Inc.
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  26. 3 beds, 3 full baths
    Home size: 2,978 sq ft
    Lot size: 15,246 sqft
    Listed with Exit Realty Diversified
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  27. 3 beds, 2 full, 1 part baths
    Home size: 2,112 sq ft
    Lot size: 8,276 sqft
    Listed with Fox Ridge Homes
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  28. 3 beds, 2 full, 1 part baths
    Home size: 1,800 sq ft
    Lot size: 8,276 sqft
    Listed with Fox Ridge Homes
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  29. 4 beds, 2 full, 1 part baths
    Home size: 2,715 sq ft
    Lot size: 8,276 sqft
    Listed with Fox Ridge Homes
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  30. 4 beds, 2 full, 1 part baths
    Home size: 2,468 sq ft
    Lot size: 8,276 sqft
    Listed with Fox Ridge Homes
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  31. 2 beds, 2 full baths
    Home size: 1,572 sq ft
    Lot size: 5.00 ac
    Listed with Bob Parks Realty
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  32. 4 beds, 2 full baths
    Home size: 2,207 sq ft
    Lot size: 8,712 sqft
    Listed with Zeitlin & Co., Realtors
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  33. 3 beds, 3 full baths
    Home size: 1,950 sq ft
    Lot size: 7,405 sqft
    Listed with Village Real Estate Services
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  34. 3 beds, 2 full, 1 part baths
    Home size: 2,502 sq ft
    Lot size: 1,742 sqft
    Listed with French King Fine Properties
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  35. 4 beds, 1 full, 2 part baths
    Home size: 2,250 sq ft
    Lot size: 9,583 sqft
    Listed with Coldwell Banker Barnes
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  36. 3 beds, 3 full baths
    Home size: 1,958 sq ft
    Lot size: 4,791 sqft
    Listed with RE/MAX Elite
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  37. 4 beds, 3 full, 1 part baths
    Home size: 4,623 sq ft
    Lot size: 16,988 sqft
    Listed with RE/MAX Elite
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  38. 3 beds, 2 full baths
    Home size: 1,627 sq ft
    Lot size: 5,227 sqft
    Listed with RE/MAX Elite
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  39. 4 beds, 2 full baths
    Home size: 2,562 sq ft
    Lot size: 12,196 sqft
    Listed with Christianson, Patterson, Courtney & Associates
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  40. 3 beds, 2 full, 1 part baths
    Home size: 1,640 sq ft
    Lot size: 8,712 sqft
    Listed with The Realty Association
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  41. 3 beds, 2 full, 1 part baths
    Home size: 1,640 sq ft
    Lot size: 8,712 sqft
    Listed with The Realty Association
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  42. 3 beds, 2 full, 1 part baths
    Home size: 1,832 sq ft
    Lot size: 6,534 sqft
    Listed with Reliant Realty
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  43. 3 beds, 2 full baths
    Home size: 1,556 sq ft
    Lot size: 8,712 sqft
    Listed with Village Real Estate Services
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  44. 3 beds, 3 full baths
    Home size: 2,088 sq ft
    Lot size: 3,700 sqft
    Listed with Pilkerton Realtors
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  45. 3 beds, 2 full baths
    Home size: 2,454 sq ft
    Lot size: 11,761 sqft
    Listed with Realty Trust Residential, LLC
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  46. 3 beds, 2 full, 1 part baths
    Home size: 2,147 sq ft
    Lot size: 3,484 sqft
    Listed with Keller Williams Realty
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  47. 5 beds, 2 full baths
    Home size: 1,994 sq ft
    Lot size: 34,848 sqft
    Listed with Haven real estate
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  48. 3 beds, 3 full baths
    Home size: 1,828 sq ft
    Lot size: 3,750 sqft
    Listed with The Wilson Group
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  49. 3 beds, 2 full, 1 part baths
    Home size: 2,339 sq ft
    Lot size: 9,147 sqft
    Listed with Keller Williams Realty
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  50. 3 beds, 2 full, 1 part baths
    Home size: 2,435 sq ft
    Lot size: 7,405 sqft
    Listed with Weichert Realtors, The Andrews Group
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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