Stephanie & James 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 started cooling and prices have been flat for several weeks. Since 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 started cooling and prices have been flat for several weeks. Since 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 $449,000
Per Square Foot $218
Days on Market 89
Price Decreased 41%
Price Increased 4%
Relisted 46%
Inventory 1355
Median House Rent $1,750
Most Expensive $32,500,000
Least Expensive $75,000
Market Action Index
Slight Seller's Advantage
42

Prices appear to be hovering around their high point. Look for a persistent down-shift 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
$1,195,000 4,187 0.5 - 1 acre 4 4 12 35 26 136
$549,900 2,498 8,000 - 10,000 sqft 3 3 5 46 52 77
$385,900 2,022 8,000 - 10,000 sqft 3 2 17 49 43 70
$259,900 1,379 0.25 - 0.5 acre 3 2 57 70 74 74