Stephanie & James Crawford

Nashville, TN 37216

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37216

Sat Aug 17 2019
This week the median list price for Nashville, TN 37216 is $384,900 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has held steady at or around 52. 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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Nashville, TN 37216

Sat Aug 17 2019
This week the median list price for Nashville, TN 37216 is $384,900 with the market action index hovering around 47. This is an increase over last month's market action index of 45. Inventory has held steady at or around 52. 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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $384,900
Per Square Foot $215
Days on Market 84
Price Decreased 62%
Price Increased 2%
Relisted 42%
Inventory 52
Median House Rent $1,995
Most Expensive $1,999,900
Least Expensive $245,000
Market Action Index
Strong Seller's Market
47

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$539,900 2,640 0.25 - 0.5 acre 4 3 6 0 3 73
$409,900 2,022 8,000 - 10,000 sqft 3 2 3 2 2 64
$319,900 1,520 0.25 - 0.5 acre 3 2 63 3 4 92
$284,900 1,115 0.25 - 0.5 acre 2 1 70 4 1 109