Friday, November 8, 2013

Nashville Real Estate Prices Continue to Rise

Nashville Real Estate - Nashville Homes : Nashville Home Prices Continue to RiseNashville homesNashville homes market report November 2013 - The median price of homes sold in Nashville during October increased 14% to $200,000 compared to the same month in 2012, according the the Greater Nashville association of Realtors. The absorption rate of Nashville homes based on recent sales and current inventory is down to 4.9 months making is a sellers market.
  • 2032 Nashville homes sold in October compared to 1917 last year, an increase of 6%
  • the median sales price of Nashville homes sold was $200,000 compared to $175,000 last year, an increase of 14%
  • 281 Nashville condos sold for the month compared to 264 last year a 6% increase
  • The median price for Nashville condos sold in October was $148,000
  • the absorption rate for Nashville real estate is down to 4.9 months signaling a sellers market
  • average days on market is down to 75 days
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[idx-listings city="Nashville" minprice="200000" maxprice="9000000" propertytypes="831,830" orderby="DateAdded" orderdir="DESC" count="5"]Popular Nashville Neighborhoods
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