James & Stephanie Crawford

Nashville, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN

Thu Sep 20 2018
This week the median list price for Nashville, TN is $410,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 1671. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Nashville, TN

Thu Sep 20 2018
This week the median list price for Nashville, TN is $410,000 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 1671. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $410,000
Per Square Foot $218
Days on Market 96
Price Decreased 44%
Price Increased 5%
Relisted 23%
Inventory 1671
Median House Rent $1,750
Most Expensive $32,500,000
Least Expensive $109,900
Market Action Index
Slight Seller's Advantage
38

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
$999,990 3,893 0.25 - 0.5 acre 4 4 13 48 33 131
$499,500 2,229 8,000 - 10,000 sqft 3 2 3 63 44 91
$354,900 1,908 8,000 - 10,000 sqft 3 2 25 50 46 89
$249,000 1,300 8,000 - 10,000 sqft 3 1 59 64 59 73