Nashville homes for sale – we are in a sellers market with 61% reduction in inventory of single family homes at the end of March 2021 compared to the same period last year.  The median price of sold homes increased 11.2% to $367,090. Most affordable homes have multiple 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 11.2% to $367,090
  • 3017 homes sold in Nashville in March of 2021 compared to 2833 last year
  • 2627 homes were currently listed at the end of March compared to 6330 last year
  • the absorption rate of homes based on March sales and current inventory is now one month
  • average days on market is down to 27 days
  • 509 Nashville condos sold during the month compared to 350 last year
  • The median price of condos in Nashville increased 8.2% to $259,900

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

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Nashville real estate for sale –  The 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,

Nashville homes for sale  – 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.