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 10/1/2014)

  1. 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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  2. 5 beds, 3 full baths
    Home size: 3,456 sq ft
    Lot size: 13,939 sqft
    Listed with Benchmark Realty, LLC
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  3. 4 beds, 2 full baths
    Home size: 1,985 sq ft
    Lot size: 8,712 sqft
    Listed with The Realty Association
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  4. 4 beds, 2 full baths
    Home size: 1,885 sq ft
    Lot size: 12,632 sqft
    Listed with Worth Properties LLC
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  5. 4 beds, 3 full, 1 part baths
    Home size: 4,177 sq ft
    Lot size: 11,325 sqft
    Listed with The Realty Association
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  6. 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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  7. 3 beds, 2 full, 1 part baths
    Home size: 2,482 sq ft
    Lot size: 3,920 sqft
    Listed with Keller Williams Realty
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  8. 2 beds, 2 full, 1 part baths
    Home size: 1,427 sq ft
    Listed with Fridrich & Clark Realty
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  9. 3 beds, 1 full bath
    Home size: 1,725 sq ft
    Lot size: 8,712 sqft
    Listed with Village Real Estate Services
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  10. 3 beds, 2 full, 1 part baths
    Home size: 2,384 sq ft
    Lot size: 3,441 sqft
    Listed with Keller Williams Realty
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  11. 3 beds, 2 full baths
    Home size: 2,015 sq ft
    Lot size: 11,325 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  12. 3 beds, 2 full, 1 part baths
    Home size: 2,092 sq ft
    Lot size: 7,405 sqft
    Listed with Keller Williams Realty
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  13. 3 beds, 2 full, 1 part baths
    Home size: 2,092 sq ft
    Lot size: 7,405 sqft
    Listed with Keller Williams Realty
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  14. 4 beds, 2 full baths
    Home size: 1,720 sq ft
    Lot size: 10,018 sqft
    Listed with Pilkerton Realtors
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  15. 3 beds, 1 full, 1 part baths
    Home size: 1,530 sq ft
    Lot size: 39,639 sqft
    Listed with Reliant Realty
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  16. 3 beds, 2 full, 1 part baths
    Home size: 1,671 sq ft
    Lot size: 7,405 sqft
    Listed with Worth Properties LLC
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  17. 4 beds, 2 full, 1 part baths
    Home size: 2,271 sq ft
    Lot size: 8,276 sqft
    Listed with Vision Realty Partners, LLC
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  18. 6 beds, 3 full baths
    Home size: 2,986 sq ft
    Lot size: 1.18 ac
    Listed with Weichert Realtors, The Andrews Group
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  19. 4 beds, 3 full baths
    Home size: 2,150 sq ft
    Lot size: 8,276 sqft
    Listed with Century 21 Premier
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  20. 3 beds, 2 full, 1 part baths
    Home size: 1,608 sq ft
    Lot size: 4,791 sqft
    Listed with Renew Real Estate Services
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  21. 3 beds, 2 full, 1 part baths
    Home size: 1,776 sq ft
    Lot size: 6,098 sqft
    Listed with Coldwell Banker Barnes
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  22. 4 beds, 3 full, 1 part baths
    Home size: 3,476 sq ft
    Lot size: 9,583 sqft
    Listed with Neal Clayton Realtors, LLC
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  23. 3 beds, 2 full baths
    Home size: 1,344 sq ft
    Lot size: 7,405 sqft
    Listed with Benchmark Realty, LLC
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  24. 4 beds, 2 full, 1 part baths
    Home size: 2,044 sq ft
    Lot size: 17,859 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  25. 4 beds, 2 full baths
    Home size: 2,190 sq ft
    Lot size: 19,602 sqft
    Listed with Reliant Realty, LLC
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  26. 4 beds, 3 full baths
    Home size: 2,777 sq ft
    Lot size: 16,552 sqft
    Listed with Battle Realty Company
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  27. 3 beds, 2 full, 1 part baths
    Home size: 1,484 sq ft
    Lot size: 871 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  28. 4 beds, 2 full baths
    Home size: 1,740 sq ft
    Lot size: 17,424 sqft
    Listed with Music City, REALTORS
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  29. 3 beds, 2 full baths
    Home size: 2,330 sq ft
    Lot size: 1.13 ac
    Listed with RE/MAX Elite
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  30. 3 beds, 3 full, 2 part baths
    Home size: 2,091 sq ft
    Listed with Benchmark Realty, LLC
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  31. 3 beds, 2 full, 1 part baths
    Home size: 2,100 sq ft
    Lot size: 7,710 sqft
    Listed with RE/MAX Elite
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  32. 3 beds, 1 full, 1 part baths
    Home size: 1,551 sq ft
    Lot size: 39,639 sqft
    Listed with Benchmark Realty, LLC
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  33. 3 beds, 2 full, 1 part baths
    Home size: 1,983 sq ft
    Lot size: 3,484 sqft
    Listed with Housepad
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  34. 4 beds, 2 full, 1 part baths
    Home size: 4,460 sq ft
    Lot size: 7.43 ac
    Listed with Zeitlin & Co., Realtors
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  35. 2 beds, 3 full, 1 part baths
    Home size: 1,764 sq ft
    Lot size: 6,098 sqft
    Listed with Red Lily Real Estate
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  36. 2 beds, 2 full, 1 part baths
    Home size: 1,764 sq ft
    Lot size: 6,098 sqft
    Listed with Red Lily Real Estate
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  37. 2 beds, 3 full, 1 part baths
    Home size: 1,764 sq ft
    Lot size: 6,098 sqft
    Listed with Red Lily Real Estate
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  38. 2 beds, 3 full, 1 part baths
    Home size: 2,790 sq ft
    Lot size: 1,306 sqft
    Listed with Benchmark Realty, LLC
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  39. 3 beds, 3 full baths
    Home size: 1,404 sq ft
    Listed with Village Real Estate Services
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  40. 3 beds, 3 full baths
    Home size: 1,370 sq ft
    Listed with Metropolitan Brokers
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  41. 3 beds, 2 full baths
    Home size: 1,617 sq ft
    Lot size: 12,632 sqft
    Listed with Weichert Realtors, The Andrews Group
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  42. 3 beds, 2 full, 1 part baths
    Home size: 2,082 sq ft
    Lot size: 5,227 sqft
    Listed with Fridrich & Clark Realty
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  43. 5 beds, 5 full baths
    Home size: 4,028 sq ft
    Lot size: 37,897 sqft
    Listed with Pilkerton Realtors
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  44. 4 beds, 2 full, 1 part baths
    Home size: 2,801 sq ft
    Lot size: 8,276 sqft
    Listed with TJC Realty, LLC
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  45. 4 beds, 3 full, 1 part baths
    Home size: 2,689 sq ft
    Lot size: 8,276 sqft
    Listed with TJC Realty, LLC
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  46. 6 beds, 4 full, 1 part baths
    Home size: 3,561 sq ft
    Lot size: 10,018 sqft
    Listed with Benchmark Realty, LLC
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  47. 5 beds, 2 full, 1 part baths
    Home size: 2,573 sq ft
    Lot size: 16,117 sqft
    Listed with Exit Realty of The South
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  48. 3 beds, 2 full, 1 part baths
    Home size: 2,039 sq ft
    Lot size: 40,946 sqft
    Listed with Urbane Residential Specialists
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  49. 3 beds, 2 full baths
    Home size: 2,204 sq ft
    Lot size: 1.23 ac
    Listed with Zeitlin & Co., Realtors
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  50. 3 beds, 3 full baths
    Home size: 2,000 sq ft
    Lot size: 3,750 sqft
    Listed with Tarkington & Harwell Company, LLC
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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