James & Stephanie Crawford

Nashville, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN

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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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

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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $407,650
Per Square Foot $216
Days on Market 107
Price Decreased 47%
Price Increased 4%
Relisted 20%
Inventory 1616
Median House Rent $1,795
Most Expensive $32,500,000
Least Expensive $99,000
Market Action Index
Slight Seller's Advantage
35

The market is 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
$1,026,762 3,921 0.25 - 0.5 acre 4 4 11 25 28 150
$496,450 2,229 6,500 - 8,000 sqft 3 3 1 35 46 98
$340,000 1,782 8,000 - 10,000 sqft 3 2 30 35 60 96
$242,000 1,278 8,000 - 10,000 sqft 3 1 58 49 73 83