Nashville Homes for Sale and June 2015 Market Report – 2943 Nashville homes sold in May at an median price of $235,000. That’s an increase of 16% over the number of homes sold last May, and an increase in median sales price of 12%. The inventory level of Nashville homes is down to 9067, 14% lower compared to this time last year, making the absorption rate for Nashville homes only 3 months. Nashville home buyers need to expect that most good homes get offers the first day on market sometimes with multiple offers. Nashville real estate is in a sellers market.
- 2942 Nashville homes sold in the month of May compared to 2544 last year, an increase of 16% year over year
- The median sales price of homes sold was $235,000 compared to $209,900 last year, an increase of 13%
- inventory of available homes is down 14% to 9067 homes
- the absorption rate based on May sales and current inventory is 3 months, most experts say a month absorption rate is a balanced market
Nashville real estate sales continue to increase as inventory levels continue to decline. The laws of supply and demand will continue to push home prices higher as more people continue to move to the Nashville area.
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For the most-up-to-date information on Nashville real estate prices, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville homes come on the market or price reductions in Nashville real estate are posted.
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information on this page is based on information on Nashville real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. This post is the property of Larry Brewer of Benchmark realty representing buyers and sellers of Nashville real estate including the surrounding areas of Franklin, Brentwood, Spring Hill, Murfreesboro, Green Hills, and Belle Meade.
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Lot Size12.00 ac
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Home Size1,000 sqft
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Beds3 Beds
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Baths2 Baths
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Year Built1978
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Lot Size1.19 ac
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Home Size2,571 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built1983
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Lot Size43,560 sqft
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Home Size960 sqft
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Beds3 Beds
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Baths1 Bath
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Year Built1970
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Lot Size6.00 ac
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Home Size884 sqft
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Beds2 Beds
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Baths1 Bath
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Year Built1961
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Lot Size74.00 ac
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Home Size
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Beds
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Baths
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Year Built1900
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Lot Size436 sqft
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Home Size1,200 sqft
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Beds3 Beds
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Baths3 Baths
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Year Built2019
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Lot Size5.58 ac
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Home Size2,390 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built1972
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Lot Size26,136 sqft
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Home Size1,536 sqft
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Beds3 Beds
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Baths2 Baths
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Year Built2004
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Lot Size5.30 ac
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Home Size2,725 sqft
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Beds4 Beds
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Baths3 Baths
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Year Built2024
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Lot Size11.50 ac
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Home Size4,165 sqft
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Beds4 Beds
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Baths4 Baths
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Year Built1993
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(all data current as of
9/22/2023)
Listing information deemed reliable but not guaranteed. Read full disclaimer.