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 3/1/2015)

  1. 5 beds, 3 full baths
    Home size: 3,043 sq ft
    Lot size: 7,405 sqft
    Listed with The Jones Company of TN
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  2. 3 beds, 2 full baths
    Home size: 2,430 sq ft
    Lot size: 7,405 sqft
    Listed with The Jones Company of TN
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  3. 4 beds, 2 full, 1 part baths
    Home size: 2,903 sq ft
    Lot size: 7,405 sqft
    Listed with The Jones Company of TN
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  4. 3 beds, 2 full baths
    Home size: 1,670 sq ft
    Lot size: 6,969 sqft
    Listed with At Home Realty
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  5. 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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  6. 3 beds, 3 full, 1 part baths
    Home size: 2,121 sq ft
    Lot size: 4,200 sqft
    Listed with Coldwell Banker Barnes
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  7. 4 beds, 2 full, 1 part baths
    Home size: 3,100 sq ft
    Lot size: 10,454 sqft
    Listed with Keller Williams Realty
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  8. 3 beds, 2 full baths
    Home size: 1,509 sq ft
    Lot size: 9,583 sqft
    Listed with Reliant Realty
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  9. 4 beds, 2 full, 1 part baths
    Home size: 1,882 sq ft
    Lot size: 21,344 sqft
    Listed with Pilkerton Realtors
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  10. 3 beds, 3 full baths
    Home size: 1,852 sq ft
    Lot size: 4,500 sqft
    Listed with Village Real Estate Services
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  11. 3 beds, 3 full baths
    Home size: 1,852 sq ft
    Lot size: 4,500 sqft
    Listed with Village Real Estate Services
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  12. 5 beds, 3 full, 1 part baths
    Home size: 2,300 sq ft
    Lot size: 7,405 sqft
    Listed with Veritas Realty Group, LLC
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  13. 3 beds, 3 full, 1 part baths
    Home size: 1,888 sq ft
    Lot size: 871 sqft
    Listed with Village Real Estate Services
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  14. 2 beds, 2 full, 1 part baths
    Home size: 2,312 sq ft
    Listed with Worth Properties LLC
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  15. 4 beds, 2 full, 1 part baths
    Home size: 2,310 sq ft
    Lot size: 16,117 sqft
    Listed with Benchmark Realty, LLC
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  16. 3 beds, 2 full baths
    Home size: 1,489 sq ft
    Lot size: 6,969 sqft
    Listed with Village Real Estate Services
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  17. 3 beds, 1 full bath
    Home size: 1,702 sq ft
    Lot size: 14,810 sqft
    Listed with Benchmark Realty, LLC
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  18. 3 beds, 2 full baths
    Home size: 1,334 sq ft
    Lot size: 8,712 sqft
    Listed with Coldwell Banker Barnes
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  19. 3 beds, 3 full baths
    Home size: 2,240 sq ft
    Lot size: 1.80 ac
    Listed with Regal Realty Group
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  20. 4 beds, 3 full, 1 part baths
    Home size: 3,500 sq ft
    Lot size: 19,166 sqft
    Listed with PARKS
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  21. 4 beds, 2 full, 1 part baths
    Home size: 2,530 sq ft
    Lot size: 17,424 sqft
    Listed with Twin Team Properties
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  22. 3 beds, 2 full, 1 part baths
    Home size: 2,331 sq ft
    Lot size: 12,632 sqft
    Listed with Zeitlin & Co., Realtors
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  23. 3 beds, 2 full, 1 part baths
    Home size: 2,330 sq ft
    Lot size: 12,632 sqft
    Listed with Zeitlin & Co., Realtors
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  24. 2 beds, 2 full baths
    Home size: 1,542 sq ft
    Listed with Benchmark Realty, LLC
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  25. 3 beds, 2 full, 1 part baths
    Home size: 2,015 sq ft
    Lot size: 16,000 sqft
    Listed with Reliant Realty, LLC
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  26. 3 beds, 2 full baths
    Home size: 2,036 sq ft
    Lot size: 10,018 sqft
    Listed with PARKS
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  27. 2 beds, 2 full baths
    Home size: 1,778 sq ft
    Listed with Zeitlin & Co., Realtors
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  28. 4 beds, 2 full, 1 part baths
    Home size: 2,456 sq ft
    Lot size: 8,712 sqft
    Listed with Pilkerton Realtors
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  29. 3 beds, 2 full, 1 part baths
    Home size: 1,837 sq ft
    Lot size: 8,712 sqft
    Listed with RE/MAX Choice Properties
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  30. 3 beds, 3 full baths
    Home size: 2,115 sq ft
    Lot size: 9,801 sqft
    Listed with The DeSelms Team
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  31. 3 beds, 3 full baths
    Home size: 2,115 sq ft
    Lot size: 9,801 sqft
    Listed with The DeSelms Team
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  32. 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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  33. 4 beds, 3 full baths
    Home size: 2,709 sq ft
    Lot size: 7,405 sqft
    Listed with Pilkerton Realtors
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  34. 3 beds, 2 full, 1 part baths
    Home size: 2,967 sq ft
    Lot size: 11,040 sqft
    Listed with Crye-Leike, Inc., REALTORS
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  35. 3 beds, 2 full, 1 part baths
    Home size: 1,914 sq ft
    Lot size: 1,306 sqft
    Listed with Worth Properties LLC
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  36. 4 beds, 2 full, 1 part baths
    Home size: 2,503 sq ft
    Lot size: 9,583 sqft
    Listed with The Wilson Group
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  37. 2 beds, 2 full baths
    Home size: 1,556 sq ft
    Listed with Metropolitan Brokers
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  38. 4 beds, 3 full, 1 part baths
    Home size: 2,600 sq ft
    Lot size: 11,761 sqft
    Listed with Reliant Realty
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  39. 3 beds, 2 full baths
    Home size: 2,184 sq ft
    Lot size: 12,196 sqft
    Listed with Keller Williams Realty
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  40. 2 beds, 2 full baths
    Home size: 1,346 sq ft
    Lot size: 7,840 sqft
    Listed with RE/MAX Fine Homes
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  41. 2 beds, 2 full, 1 part baths
    Home size: 1,456 sq ft
    Lot size: 435 sqft
    Listed with Freeman Webb Co., REALTORS
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  42. 3 beds, 2 full, 1 part baths
    Home size: 1,580 sq ft
    Lot size: 6,098 sqft
    Listed with PARKS
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  43. 3 beds, 2 full baths
    Home size: 2,058 sq ft
    Lot size: 8,276 sqft
    Listed with Sneaky Ninja, Inc.
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  44. 3 beds, 2 full, 1 part baths
    Home size: 1,828 sq ft
    Lot size: 11,325 sqft
    Listed with Fridrich & Clark Realty
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  45. 3 beds, 2 full, 1 part baths
    Home size: 2,216 sq ft
    Lot size: 3,750 sqft
    Listed with Goldstar Realty
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  46. 3 beds, 1 full bath
    Home size: 1,388 sq ft
    Lot size: 10,018 sqft
    Listed with PARKS
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  47. 2 beds, 1 full bath
    Home size: 1,300 sq ft
    Lot size: 7,840 sqft
    Listed with Keller Williams Realty
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  48. 3 beds, 2 full baths
    Home size: 1,562 sq ft
    Lot size: 28,314 sqft
    Listed with Keller Williams Realty
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  49. 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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  50. 3 beds, 2 full baths
    Home size: 1,794 sq ft
    Lot size: 10,018 sqft
    Listed with Reliant Realty
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

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