James & Stephanie Crawford

Hermitage, TN

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Hermitage, TN

Thu Feb 21 2019
This week the median list price for Hermitage, TN is $325,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 97. Click here to stay informed with the Hermitage 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.

Hermitage, TN

Thu Feb 21 2019
This week the median list price for Hermitage, TN is $325,000 with the market action index hovering around 41. This is an increase over last month's market action index of 40. Inventory has held steady at or around 97. Click here to stay informed with the Hermitage 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 Hermitage market.
Median List Price $325,000
Per Square Foot $152
Days on Market 78
Price Decreased 31%
Price Increased 3%
Relisted 11%
Inventory 97
Median House Rent $1,545
Most Expensive $1,399,900
Least Expensive $174,900
Market Action Index
Slight Seller's Advantage
41

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
$433,800 2,797 8,000 - 10,000 sqft 4 3 1 6 2 114
$349,900 2,383 4,500 - 6,500 sqft 3 2 0 4 2 57
$309,900 2,034 4,500 - 6,500 sqft 3 2 3 1 4 88
$255,000 1,716 0.25 - 0.5 acre 3 2 35 6 8 55