Nashville Home Sales Steadily Increasing

Nashville Home Sales Steadily Increasing

Home sales in the Nashville area continued their hot streak in April, increasing by 27 percent compared to a year ago, according to the Greater Nashville Association of Realtors. There were 2,780 closings reported for the month, compared to 2,186 in April 2012. 

  • Year-to-date, home sales are up 24 percent compared to 2012. The last time there were more than 2,700 closings in a month was August 2007, with 3,359.
  • There were 2,984 sales pending at the end of April, compared to 2,436 pending sales a year ago. The average single family home sold in April had been on the market for 76 days. 
  • The median price for a single-family home sold in April was $185,000, up from $165,120 a year ago. 
  • The median price for a condo unit was $163,800, up from $141,190. 
  • Nashville's total inventory of homes, condos and lots stood at 16,696 at the end of April, down from 19,622 a year ago. 
It is encouraging to see that median prices for both single-family homes and condominiums are up significantly this month. Some consistency in price increases will likely prompt more people to seriously consider selling their homes.


Dorothy Lee Headshot
Author:
Phone: 615-973-6363
Dated: May 13th 2013
Views: 588
About Dorothy: Dorothy Lee’s 22+ years extensive knowledge and experience in Real Estate provides her a unique v...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

10 WAYS TO IMPROVE YOUR CREDIT SCORE NOW - If you are planning to buy a,
DOES YOUR CREDIT SCORE IMPACT THE COST OF YOUR HOUSE YES - Can your credit score actually
Tax Advantages Homeowners Get That Renters Dont - Becoming a homeowner brings you
Pending Home Sales Strained - Will They Break Through?March’s

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

EXIT Realty of the South
545 N. Mount Juliet Road Ste. 1201
Mount Juliet, TN
615-395-1176
615-773-7076

Other Locations