Nashville Homes for Sale and November 2014 market report. Sales of Nashville homes increased 22% during the month of October compared to October of 2013 and sales of Nashville condos increased 18 percent during the same period. The median price of Nashville homes increased 3% during the last 12 months to $205,900. Inventory levels continue to decline and the absorption rate of Nashville homes is down to less than 4 months.
- 2485 Nashville homes closing during the month of October 2014 compared to 2032 last year
- the average days on market for homes sold was 68 days
- inventory levels of Nashville homes are down 3 percent compared to last year
- 332 Nashville condos sold during the month compared to 281 the same month last year
- the absorption rate of Nashville condos is down to 3 months
Overall the Nashville real estate market is still very active with prices increasing and inventory levels remaining at a fairly low-level with an absorption rate of Nashville homes at 4 months, and Nashville condos at 3 months. Nashville real estate remains in a seller’s market.
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information on this page is based on information on real estate for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
This post is the intellectual property of Larry Brewer of Benchmark realty and cannot be used without written consent
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(all data current as of 11/21/2014)
$374,900 : 301 Demonbreun St Unit 1418, Nashville1 bed, 1 full, 1 part bathsListed with Benchmark Realty, LLC
$539,000 : 301 Demonbreun St Unit 1510, Nashville2 beds, 2 full bathsListed with Keller Williams Realty
$294,900 : 500 Madison St Suite 106, Nashville2 beds, 1 full bathListed with Benchmark Realty, LLC
$252,900 : 1922 Upland Drive, NASHVILLE3 beds, 2 full bathsListed with Village Real Estate Services
$347,990 : 1107 Campbell Street, Nashville3 beds, 3 full bathsListed with Parks
Listing information deemed reliable but not guaranteed. Read full disclaimer.