James & Stephanie Crawford

Nashville, TN 37208

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37208

Sun May 26 2019
This week the median list price for Nashville, TN 37208 is $349,949 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 92. 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

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.

Nashville, TN 37208

Sun May 26 2019
This week the median list price for Nashville, TN 37208 is $349,949 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has held steady at or around 92. 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

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 Nashville market.
Median List Price $349,949
Per Square Foot $218
Days on Market 96
Price Decreased 48%
Price Increased 5%
Relisted 20%
Inventory 92
Median House Rent $1,250
Most Expensive $1,795,000
Least Expensive $165,000
Market Action Index
Slight Seller's Advantage
40

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$469,900 2,052 0 - 4,500 sqft 3 3 0 1 5 63
$389,900 1,736 4,500 - 6,500 sqft 3 3 1 2 2 87
$299,999 1,320 6,500 - 8,000 sqft 3 2 66 2 0 86
$195,000 1,211 4,500 - 6,500 sqft 3 1 79 0 2 146