Nashville Real Estate for sale –  Nashville home sales have picked up in spite of fears about the virus with number of closings of homes  increasing 26% over the May of this year and down only 1.5% compared to June of last year. Considering the fact that listing inventory is down 21% compared to last June the number of closing is very impressive.

• • 3478 homes closed during the month of June compared to 2759 in May so sales increased by 26% percent in one month but compared to the same month last year sales of single family homes were down 1.5%
  • 6825 single family homes are currently listed for sale in Nashville compared to 8274 last year, an inventory reduction of 21%
  • the median price of Nashville homes sold was $331,448 compared to $319,990 the previous June an increase of 3.5%
  • the absorption rate of homes based on June sales and current inventory is now down to 2 months

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

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Nashville homes for sale –  The virus still has some impact on home sales at this point with the number of closings in May down 15% compared to May of 2019, however the median price of homes sold was up year over year by 3.5% to $329,900.

• • 2759 homes closed during the month of May compared to 2480 in April so sales increased by 11 percent in one month but compared to the same month last year sales of single family homes were down 25%
  • 7086 single family homes are currently listed for sale in Nashville compared to 8254 last year, an inventory reduction of 16%
  • the median price of Nashville homes sold was $329,900 compared to $318,000 the previous May an increase of 3.5%
  • the absorption rate of homes based on May sales and current inventory is still only 3 months

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

Search for Nashville real estate here

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

Nashville homes for sale – Home sales continue to increase inventory continues to shrink and as you would expect, prices continue to rise.

• • 2152 homes closed during the month of January compared to 1888 for the same month last year an increase of 14%
  • 6588 single family homes are currently listed for sale in Nashville compared to 7702 last year, an inventory reduction of 17%
  • the median price of Nashville homes sold was $305,000 compared to $293,650 the previous January an increase of 4%
  • the absorption rate of homes based on January sales and current inventory is still only 3 months

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

Search for Nashville real estate here

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

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information on this page is based on information on single family homes for sale in Nashville Davidson county per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.