James & Stephanie Crawford

Nashville, TN 37216

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37216

Thu Jan 17 2019
This week the median list price for Nashville, TN 37216 is $320,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 89. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Nashville, TN 37216

Thu Jan 17 2019
This week the median list price for Nashville, TN 37216 is $320,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 89. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $320,000
Per Square Foot $209
Days on Market 130
Price Decreased 54%
Price Increased 2%
Relisted 26%
Inventory 89
Median House Rent $1,563
Most Expensive $699,500
Least Expensive $155,000
Market Action Index
Slight Seller's Advantage
38

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
$467,250 2,316 8,000 - 10,000 sqft 4 2 1 2 2 147
$364,500 1,757 8,000 - 10,000 sqft 3 2 18 7 3 81
$295,000 1,228 8,000 - 10,000 sqft 3 1 72 0 1 132
$234,900 1,110 8,000 - 10,000 sqft 2 1 70 2 6 157