Nashville home sales for January 2011 had 918 home closings reported for the month, 
according to the Greater Nashville Association of REALTORS®. This is a 11 percent from the 821 closings reported for January last year. The median residential price for Nashville single-family homes during January was $165,500 compared to $159,000 in January of 2010, an increase of 4 percent. Nashville homes inventory was 12,595 compared to 13,414 in January of 2010, an inventory decrease of 6.5 percent. All of these are very positive numbers for the Nashville real estate market and reflect a significant improvement in the market for single family homes.
- 918 Nashville homes closed in January an 11 percent increase over January of 2010
- the median sales price of Nashville homes sold was up 4 percent compared to 2010 at $165,000
- the inventory levels of single family homes in Nashville decreased 6.5 percent compared to the previous year
Nashville real estate is starting to heat up, so if you are planning to buy or sell Nashville real estate this is information you need to know. Search for Nashville homes here 
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