AUGUST BRINGS HOME SALES INCREASE NASHVILLE, Tenn. (Sept. 7, 2018) – There were 3,961 closings reported for the month of August, according to figures provided by Greater Nashville REALTORS®. This represents a 2.0 percent increase from the 3,883 closings reported for August 2017. Year-to-date closings total 27,205 a 0.2 percent decrease compared to the 27,248 closings reported through July 2017. “The numbers in August show a healthy increase in closings compared to August 2017,” said Greater Nashville REALTORS® President Sher Powers. “We’re also seeing strong […]
July Market News
MIDDLE TENNESSEE HOUSING INVENTORY CONTINUES TO RISE NASHVILLE, Tenn. (Aug. 7, 2018) – There were 3,812 closings reported for the month of July, according to figures provided by Greater Nashville REALTORS®. This represents a 1.5 percent decrease from the 3,872 closings reported for July 2017. Year-to-date closings total 23,242 a 0.5 percent decrease compared to the 23,365 closings reported through July 2017. “The numbers in July show a slight decrease in closings compared to 2017, but the market remains stable as we continue to see […]
June Market News
JUNE TEMPERATURES BRING HEALTHY HOME SALES NASHVILLE, Tenn. (July 9, 2018) – There were 4,036 home closings reported for the month of June, according to figures provided by Greater Nashville REALTORS®. This figure represents a 3.8 percent increase compared to the 3,887 closings in June 2017. “The market is heating up. With the rising temperatures, we are seeing homes sell in an average of 26 days and for a slightly higher selling price than in previous months,” said Greater Nashville REALTORS® President Sher Powers. “We […]
May Market News
INVENTORY INCREASES ACROSS MIDDLE TENNESSEE HOUSING MARKET NASHVILLE, Tenn. (June 7, 2018) – There were 3,767 closings reported for the month of May, according to figures provided by Greater Nashville REALTORS®. This represents a4.5 percent decrease from the 3,943 closings reported for May 2017. Year-to-date closings total 15,396, a 1 percent decrease compared to the 15,606 closings reported through May 2017. “Greater Nashville had a record setting month last year in May 2017 with the highest number of closings in one month in the history […]
April Home Sales
APRIL HOME SALES BRING INCREASES IN SALES AND INVENTORY NASHVILLE, Tenn. (May 7, 2018) – There were 3,419 home closings reported for the month of April, according to figures provided by Greater Nashville REALTORS®. This represents an increase of 2.8 percent from the 3,325 closings reported for April 2017. Year-to-date closings total 11,629. That is a .3 percent decrease compared to the 11,663 closings reported through April 2017. “Home sales for the second quarter started with the types of positive gains expected for this time […]
New Construction Home Inspections. Are they necessary?
In the midst of the recent recession that crippled the U.S. real estate economy, the new construction home inspection virtually disappeared. You don’t need to tell this to a builder. For several years there was too much available housing inventory at too low a price to make new buildings cost-competitive. Fast forward to the sky rocketing real estate market in many parts of the country today and new construction is back in full swing. This […]
Nashville Home Sales Statistics
2018 MONTHLY HOME SALES CHART January Closings Median Price Inventory Total 2,298 8,332 Residential 1,877 $281,500 5,565 Condominium 251 $210,098 549 Mutli-Family 13 60 Farms/Land/Lots 157 2,158 Pendings: 2,951 Days on Market: 36 February Closings Median Price Inventory Total 2,466 8,359 Residential 1,996 $289,093 5,569 Condominium 250 $214,250 548 Mutli-Family 32 56 Farms/Land/Lots 188 2,186 Pendings: 3,307 Days on Market: 36 March Closings Median Price Inventory Total 3,446 8,521 Residential 2,831 $297,915 5,710 Condominium 396 […]
Seller Advice from the Experts
What is Dual Agency? Buy, Sell When a buyer is represented by the same brokerage firm that has the listing, it is called dual agency. When one agent represents both the buyer and the seller in… (Read More) Listing Agent vs. Buyer Agent: Who Works for You? Buy, Sell It may seem perfectly logical to call the agent on the yard sign while driving around your dream neighborhood searching for your next house. The sign might […]