Stephanie & James Crawford

Nashville, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN

Fri Aug 23 2019
This week the median list price for Nashville, TN is $469,900 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 1268. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Nashville, TN

Fri Aug 23 2019
This week the median list price for Nashville, TN is $469,900 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 1268. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Nashville market.
Median List Price $469,900
Per Square Foot $223
Days on Market 91
Price Decreased 42%
Price Increased 4%
Relisted 38%
Inventory 1268
Median House Rent $1,870
Most Expensive $32,500,000
Least Expensive $99,900
Market Action Index
Slight Seller's Advantage
43

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
$1,295,000 4,209 0.5 - 1 acre 4 4 11 38 29 134
$599,000 2,557 8,000 - 10,000 sqft 3 3 6 53 44 86
$389,900 2,045 8,000 - 10,000 sqft 3 2 12 63 55 74
$259,900 1,361 0.25 - 0.5 acre 3 1 58 64 72 72