Nashville real estate for sale – Home prices in the Nashville area continue to rise with the median price of homes sold in December up to $294,000, an increase of 10.3% over the same period in 2016. The market for Nashville condos is even hotter, the median price of condos increased 16.4% in last 12 months to $209,450. It sounds like a broken record, but sales are still being held back by a shortage of inventory in many areas and price ranges.
- the average days on market for homes sold during the month was 30 days
- the median price of Nashville homes sold was $294,000 compared to $266,408 the previous December
- the absorption rate of homes based on December sales and current inventory is only 2 months
- The median price of Nashville condos increased 16.4% to $208,000
- The absorption rate of condos in Nashville based on December sales and the current inventory is less than 2 months
Nashville real estate is in a very active sellers market with inventory levels shrinking on a monthly basis, driving up the prices of homes and condos to record prices. With the shortage of available lots and the growth in the area, I expect this trend to continue for several years.
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Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.
information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
$525,000 : 1017 Sharpe Ave, Nashville3 beds, 2 bathsListed with Advantage Properties, LLC
$549,900 : 8 Redbud Dr, Nashville3 beds, 3 bathsListed with PARKS
$549,900 : 1023 Davidson Rd, Nashville4 beds, 3 bathsListed with Coldwell Banker Barnes
$524,900 : 1611 Franklin Ave, Nashville4 beds, 2 bathsListed with Cloud Realty, LLC
$524,900 : 7644 Charlotte Pike, Nashville3 beds, 3 bathsListed with DeSelms Real Estate
$520,000 : 711 Chesterfield Way, Nashville4 beds, 4 bathsListed with Crye-Leike, Inc., REALTORS
$504,831 : 1805 Sprucewood Lane~Lot 105, Nashville3 beds, 3 bathsListed with RE/MAX Elite
$575,000 : 2523A BRITTANY DRIVE, Nashville4 beds, 3 bathsListed with Legacy Real Estate Group
$525,000 : 3731 Granny White Pike, Nashville3 beds, 2 bathsListed with Pilkerton Realtors
$509,900 : 421A Moore Ave., Nashville4 beds, 3 bathsListed with PARKS
See all Nashville $500,000 to $600,000.
(all data current as of 6/17/2018)
Listing information deemed reliable but not guaranteed. Read full disclaimer.