Nashville real Estate Sales increase 58 percent in November
There were 1,973 home closings reported for the month of November, according to figures provided by the Greater Nashville Association of REALTORS®. This figure is up 58.7 percent from the 1,243 closings reported for the same period last year. .
There were 1,742 sales pending at the end of the month, compared with 1,267 pending sales at this time last year. The average number of days on the market for a single-family home was 82 days.
The median residential price for a single-family home during November was $158,500, and for a condominium it was $144,400. This compares with last year’s median residential and condominium prices of $165,500 and $150,000, respectively.
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