Nashville homes For Sale And Market Statistics May 2013 – Sales of single family homes are up 25% compared to May of last year, according to the Greater Nashville association of realtors. The inventory of homes listed in the Nashville MLS is down 15% compared to the same time last year.

• 2562 Nashville homes sold in April compared to 2048 last year, an increase of 25%
• the median sales price of Nashville homes sold was $195,000 compared to $179,000 last year, an increase of 9%
• 303 Nashville condos sold for the month compared to 230 last year
• The inventory of Nashville homes available is down 15% compared to last May
• the absorption rate for Nashville homes is down to 4 month signaling a sellers market
• average days on market is down to 73 days

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