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Nashville Real Estate For Sale – April 2023 Market Update

April 14, 2023 by Larrybrewer3

Nashville real estate for sale and April 2023 market report – NashvilleInventory levels are almost triple what they were 12 months ago but the prices are almost the same as they were last March.

  • 2392 homes sold in Nashville during March of 2023 compared to 2948 for the same month last year a reduction of 23%
  • the median sales price for Nashville homes was $465,000 almost the same as last years $461,620
  • 6066 homes are available for purchase at the end of at end of March compared to 2298 last year
  • the absorption rate based on March home sales and available inventory is three months
  • the average days on market for Nashville homes is now 54 days compared to 15 days last year
  • 494 Nashville condos sold during the month compared to 598 for the same month last year
  • the median sales price of Nashville condos was $327,885 compared to $319,690 last year

High interest rates has slowed the Nashville real estate market over the last 12 months however mortgage rates have been slowly coming down in the last few months and some experts expect that to continue. Housing prices has stopped increasing for now and buyers usually have a chance to see homes when they are listed before they make an offer, that was not always the case a year ago. If rates continue to decline we can expect the volume of home sales to pick up and eventually prices will follow.

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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 posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

  • List View
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  • 9578 Liberty Church Rd, Brentwood, TN
    9578 Liberty Church Rd
    Brentwood, TN
    Photo of 9578 Liberty Church Rd, Brentwood, TN 37027 (MLS # 2534193) Broker reciprocity icon
    $8,360,000
    • Lot Size
      3.17 ac

    • Home Size
      12,434 sqft

    • Beds
      4 Beds

    • Baths
      9 Baths

    • Year Built
      2022

  • 207 Isaac Dr, Goodlettsville, TN
    207 Isaac Dr
    Goodlettsville, TN
    Photo of 207 Isaac Dr, Goodlettsville, TN 37072 (MLS # 2534189) Broker reciprocity icon
    $419,900
    • Lot Size
      23,958 sqft

    • Home Size
      1,858 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      1960

  • 450 Mattingly Dr, Clarksville, TN
    450 Mattingly Dr
    Clarksville, TN
    Photo of 450 Mattingly Dr, Clarksville, TN 37042 (MLS # 2534187) Broker reciprocity icon
    $259,900
    • Lot Size
      9,148 sqft

    • Home Size
      1,208 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      2023

  • 1345 Riverbrook Dr, Hermitage, TN
    1345 Riverbrook Dr
    Hermitage, TN
    Photo of 1345 Riverbrook Dr, Hermitage, TN 37076 (MLS # 2534178) Broker reciprocity icon
    $367,900
    • Lot Size
      1,743 sqft

    • Home Size
      1,216 sqft

    • Beds
      2 Beds

    • Baths
      3 Baths

    • Year Built
      2012

  • 508 Dale Ct, Franklin, TN
    508 Dale Ct
    Franklin, TN
    Photo of 508 Dale Ct, Franklin, TN 37067 (MLS # 2534180) Broker reciprocity icon
    $599,900
    • Lot Size
      7,841 sqft

    • Home Size
      2,160 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      1992

  • 0 Pea Ridge Rd, Liberty, TN
    0 Pea Ridge Rd
    Liberty, TN
    Photo of 0 Pea Ridge Rd, Liberty, TN 37095 (MLS # 2534174) Broker reciprocity icon
    $599,900
    • Lot Size
      77.27 ac

    • Home Size

    • Beds

    • Baths

    • Year Built
      0

  • 2828 Vaulx Ln, Nashville, TN
    2828 Vaulx Ln
    Nashville, TN
    Photo of 2828 Vaulx Ln, Nashville, TN 37204 (MLS # 2534172) Broker reciprocity icon
    $1,250,000
    • Lot Size
      1,743 sqft

    • Home Size
      2,918 sqft

    • Beds
      4 Beds

    • Baths
      3 Baths

    • Year Built
      2016

  • 1212 Laurel St #1611, Nashville, TN
    1212 Laurel St #1611
    Nashville, TN
    Photo of 1212 Laurel St #1611, Nashville, TN 37203 (MLS # 2534176) Broker reciprocity icon
    $659,900
    • Lot Size
      872 sqft

    • Home Size
      765 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

    • Year Built
      2014

  • 712 Kendall Dr, Nashville, TN
    712 Kendall Dr
    Nashville, TN
    Photo of 712 Kendall Dr, Nashville, TN 37209 (MLS # 2534173) Broker reciprocity icon
    $649,000
    • Lot Size
      11,762 sqft

    • Home Size
      1,444 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1964

  • 2197 Welltown Ln, Murfreesboro, TN
    2197 Welltown Ln
    Murfreesboro, TN
    Photo of 2197 Welltown Ln, Murfreesboro, TN 37128 (MLS # 2534169) Broker reciprocity icon
    $399,900
    • Lot Size

    • Home Size
      2,200 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2023

See all nashville.
(all data current as of 6/7/2023)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

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