James & Stephanie Crawford

Nashville, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN

Sun May 26 2019
This week the median list price for Nashville, TN is $439,900 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 1260. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Nashville, TN

Sun May 26 2019
This week the median list price for Nashville, TN is $439,900 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 1260. 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 continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $439,900
Per Square Foot $223
Days on Market 99
Price Decreased 37%
Price Increased 5%
Relisted 16%
Inventory 1260
Median House Rent $1,650
Most Expensive $32,500,000
Least Expensive $144,900
Market Action Index
Slight Seller's Advantage
43

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,325,000 4,336 0.5 - 1 acre 4 4 11 21 27 148
$535,000 2,440 6,500 - 8,000 sqft 4 3 5 41 50 93
$379,900 1,950 8,000 - 10,000 sqft 3 2 22 49 58 77
$260,000 1,344 0.25 - 0.5 acre 3 2 60 66 60 77