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Nashville Homes for Sale – January 2021

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Nashville homes for sale – we are in a sellers market with 54% reduction in inventory of single family homes at the end of 2020 compared to the same period last year and the number of closings Nashville luxury Homeincreased 19.6% in December of 2020 compared to December of last year. Most affordable homes have offers the first day on market and in some cases several offers making it more important than ever to be represented by an experienced agent no matter if you are buying or selling.

    • the median price of Nashville area homes increased 6.4% to $345,000 compared to the same month last year
    • 3445 homes sold in Nashville in December of 2020 compared to 2880 last year
    • inventory levels of Nashville homes are down 54% in the last 12 months
    • 3543 Nashville homes are currently listed for sale compared to 6612 for the same period last year but many are still under construction
    • the absorption rate of homes based on December sales and current inventory is now one month
    • average days on market is down to 26 days
    • 537 Nashville condos sold during the month compared to 445 last year, a 21% increase
    • The median price of condos in Nashville increased 10% to $269,900

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

Search for Nashville homes for sale here

Find the value of your Nashville home here Nashville real estate values,

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
Find Nashville homes for sale here, see the current market trends call your Nashville real estate resource Larry Brewer Benchmark realty 615-512-7853

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(all data current as of 1/15/2021)

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

 
 

Nashville Homes – October 2020 Update

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Nashville homeNashville homes are in a sellers market with 37% reduction in inventory of single family homes compared to the same period last year and the number of closings increased 15% in September compared to September last year. Most affordable homes have offers the first day on market and in some cases several offers making it more important than ever to be represented by an experienced agent no matter if you are buying or selling.

    • the median price of Nashville area homes increased 9.4% to $348,000 in September compared to the same month last year
    • inventory levels of Nashville homes are down 37% in the last 12 months
    • 5195 Nashville homes are currently listed for sale but many are still under construction
    • the median price of Nashville homes increased 9.4% year over year to $348,000
    • the absorption rate of homes based on September sales and current inventory is now less than  2 months
    • average days on market is down to 29 days
    • 552 Nashville condos sold during the month compared to 457 last year, a 20% increase
    • The median price of condos in Nashville increased 4% to $245,000

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

Search for Nashville homes for sale here

Find the value of your Nashville home here Nashville real estate values,

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

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See all Davidson County.
(all data current as of 1/15/2021)

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

 
 

Nashville Real Estate For Sale – September 2020

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Nashville real estate for sale –  NashvilleThe Nashville real estate market is in a sellers market. The median price of homes sold during August of 2020 was up 9.6% compared to the same month last year and the inventory of available homes is down 30% during the same period.

    • the number of home closings in closing in August increased 3.5% compared to August last year to 3638
    • inventory levels are down 30% compared to August of 2019
    • 5749 Nashville homes are currently listed for sale but many are still under construction
    • the median price of Nashville homes increased 9.6% year over year to $346,172
    • the absorption rate of homes based on August sales and current inventory is now less than  2 months
    • 493 Nashville condos sold during the month compared to 413 last year, a 19% increase
    • The median price of condos in Nashville increased 4% to $242,500

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

Search for Nashville homes for sale here

Find the value of your Nashville home here Nashville real estate values,

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

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See all Davidson County.
(all data current as of 1/15/2021)

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

 
 

Nashville Homes for Sale – August 2018

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Nashville homes for sale  –Nashville homes Home prices in the Nashville area continue to rise with the median price of homes sold in July showing an increase of 6.5% compared to July of 2017. Rising interest rates seem to be slowing the market down slightly and the number of sales during the month declined compared to the same month one year ago and the inventory of available homes increased 35% year over year, a very good sign for buyers. The market for Nashville condos is very active with  the median price of condos increasing 9.6% in last 12 months to $222,750.

  • 3232 homes closed during the month of July compared to 3248 for the same month last year
  • 8323 homes are currently listed for sale and not under contract in the Nashville MLS
  • the median price of Nashville homes sold was $307,000 compared to $288,243 the previous July
  • the absorption rate of homes based on July sales and current inventory is still only 3 months
  • The median price of Nashville condos increased 9.6% to $222,750
  • The absorption rate of condos in Nashville based on July sales and the current inventory is less than 3 months

Nashville real estate is in a very active sellers market with inventory levels still excessively low in most areas with affordable homes, but rising interest rates seem to be having some impact on the rate of sales.

Search for Nashville real estate here

Find the value of your Nashville home here Nashville real estate values,

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.

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

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See all Green Hills and Brentwood.
(all data current as of 1/15/2021)

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

 
 

Nashville Real Estate – June 2018

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Nashville real estate for sale  –Nashville real estate Home prices in the Nashville area continue to rise with the median price of homes sold in May showing an increase of 7.4% compared to May of 2017.  The market for Nashville condos is a similar story with  the median price of condos increased 10% in last 12 months to $226,000. Rising interest rates seem to be slowing the market down slightly and the number of sales during the month declined compared to the same month one year ago and for the first time in years the inventory of available homes increased 16% year over year, a very good sign for buyers

  • the median price of Nashville homes sold was $299,900 compared to $279,142 the previous May
  • the absorption rate of homes based on May sales and current inventory is still only 2 months
  • The median price of Nashville condos increased 10% to $226,000
  • The absorption rate of condos in Nashville based on May sales and the current inventory is less than 2 months

Nashville real estate is in a very active sellers market with inventory levels still excessively low in most areas with affordable homes, but rising interest rates seem to be having some impact on the rate of sales.

Search for Nashville real estate here

Find the value of your Nashville home here Nashville real estate values,

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.

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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See all Green Hills and Brentwood.
(all data current as of 1/15/2021)

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

 
 

Nashville Real Estate – January 2018 Update

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Nashville real estateNashville 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.

Search for Nashville real estate here

Find the value of your Nashville home here Nashville real estate values,

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.

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

 

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See all Nashville $500,000 to $600,000.
(all data current as of 1/15/2021)

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

 
 
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