James & Stephanie Crawford

Nashville, TN 37216

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37216

Thu Sep 20 2018
This week the median list price for Nashville, TN 37216 is $324,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 103. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Thu Sep 20 2018
This week the median list price for Nashville, TN 37216 is $324,900 with the market action index hovering around 44. This is about the same as last month's market action index of 44. Inventory has held steady at or around 103. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $324,900
Per Square Foot $217
Days on Market 93
Price Decreased 55%
Price Increased 2%
Relisted 19%
Inventory 103
Median House Rent $1,700
Most Expensive $724,900
Least Expensive $195,000
Market Action Index
Slight Seller's Advantage
44

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
$450,000 2,228 0.25 - 0.5 acre 3 2 68 2 3 79
$367,325 1,887 0.25 - 0.5 acre 3 2 60 4 2 122
$299,450 1,316 0.25 - 0.5 acre 3 1 70 3 3 71
$246,950 992 8,000 - 10,000 sqft 2 1 69 3 4 101