SPRING KICKED OFF WITH RISING INVENTORY AND HOME SALE PRICES NASHVILLE, Tenn. (Apr. 8, 2019) – There were 3,237 home closings reported for the month of March, according to figures provided by Greater Nashville REALTORS®. This figure is down 6 percent from the 3,446 closings reported for the same period last year. Data for the first quarter of 2019 showed 8,047 closings, down 2 percent from the 8,210 closings during the first quarter of […]
December Market News
MEDIAN SALES PRICE CONTINUES TO CLIMB For Immediate Release Median Sales Price Continues to Climb 2018 Ends with a Near Record Number of Home Sales NASHVILLE, Tenn. (Jan. 8, 2019) – Final numbers for 2018 indicate there were 39,514 homes sold in the region, compared to the 40,482 closings in 2017, the total sales for 2018 were down 2.4 percent. This is the second highest number of home sales since 2006. There were 2,881 closings during the month of December, according to figures […]
November Market News
NOVEMBER HOMES SALES SHOW MODERATE DECREASE NASHVILLE, Tenn. (Dec. 7, 2018) – There were 2,954 closings reported for the month of November, according to figures provided by Greater Nashville REALTORS®. This represents a 7 percent decrease from the 3,177 closings reported for November 2017. Year-to-date closings total 36,633 a 1.6 percent decrease compared to the 37,236 closings reported through November 2017. “November closings show a moderate decrease compared to this time last year,” said Greater Nashville REALTORS® President Sher Powers. “To counter that, we do […]
September Market News
SALES SLOW REGIONALLY IN SEPTEMBER NASHVILLE, Tenn. (Oct. 8, 2018) – There were 3,258 home closings in the Greater Nashville Region reported for the month of September, according to figures provided by Greater Nashville REALTORS®. This figure represents an 8 percent decrease compared to the 3,544 closings in September 2017. Data for the third quarter of 2018 showed 11,031 closings, down 2.4 percent from the 11,299 closings during the same period of 2017. “Sales slowing is typical for this time of year, though […]
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 […]