James & Stephanie Crawford

Nashville, TN 37215

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37215

Mon Jun 17 2019
This week the median list price for Nashville, TN 37215 is $1,139,450 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 138. Click here to stay informed with the Nashville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Nashville, TN 37215

Mon Jun 17 2019
This week the median list price for Nashville, TN 37215 is $1,139,450 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 138. Click here to stay informed with the Nashville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $1,139,450
Per Square Foot $282
Days on Market 123
Price Decreased 38%
Price Increased 2%
Relisted 75%
Inventory 138
Median House Rent $1,500
Most Expensive $10,900,000
Least Expensive $334,900
Market Action Index
Slight Seller's Advantage
35

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,462,500 6,381 1 - 2.5 acres 5 6 20 2 3 159
$1,399,500 4,762 0.5 - 1 acre 4 4 3 1 9 174
$929,900 3,611 8,000 - 10,000 sqft 4 3 11 8 11 93
$649,000 2,721 0.25 - 0.5 acre 4 3 40 9 12 70