Stephanie & James Crawford

Nashville, TN 37220

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37220

Sat Aug 17 2019
This week the median list price for Nashville, TN 37220 is $1,341,750 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 26. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 37220

Sat Aug 17 2019
This week the median list price for Nashville, TN 37220 is $1,341,750 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 26. 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 has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,341,750
Per Square Foot $313
Days on Market 119
Price Decreased 54%
Price Increased 4%
Relisted 50%
Inventory 26
Median House Rent
Most Expensive $5,250,000
Least Expensive $385,000
Market Action Index
Slight Seller's Advantage
35

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. 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
$2,519,950 6,886 2.5 - 5 acres 5 5 4 0 0 189
$1,935,000 5,628 0.5 - 1 acre 5 5 9 0 2 95
$999,900 4,205 1 - 2.5 acres 4 4 46 0 1 140
$649,995 2,771 1 - 2.5 acres 3 2 48 1 3 60