James & Stephanie Crawford

Nashville, TN 37216

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37216

Mon Nov 19 2018
This week the median list price for Nashville, TN 37216 is $315,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 119. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Nashville, TN 37216

Mon Nov 19 2018
This week the median list price for Nashville, TN 37216 is $315,000 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 119. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $315,000
Per Square Foot $212
Days on Market 105
Price Decreased 57%
Price Increased 4%
Relisted 21%
Inventory 119
Median House Rent $1,850
Most Expensive $699,500
Least Expensive $159,000
Market Action Index
Slight Seller's Advantage
39

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
$469,900 2,300 0.25 - 0.5 acre 3 2 0 3 2 117
$349,900 1,819 0.25 - 0.5 acre 3 2 62 4 1 118
$279,900 1,225 8,000 - 10,000 sqft 3 1 70 2 4 87
$227,000 992 8,000 - 10,000 sqft 2 1 69 4 2 99