Stephanie & James Crawford

Nashville, TN 37214

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37214

Sat Aug 17 2019
This week the median list price for Nashville, TN 37214 is $309,999 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 65. 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 37214

Sat Aug 17 2019
This week the median list price for Nashville, TN 37214 is $309,999 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has held steady at or around 65. 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 $309,999
Per Square Foot $154
Days on Market 78
Price Decreased 45%
Price Increased 14%
Relisted 48%
Inventory 65
Median House Rent $1,795
Most Expensive $650,000
Least Expensive $135,000
Market Action Index
Slight Seller's Advantage
43

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$437,910 2,749 0.25 - 0.5 acre 4 3 27 1 1 91
$354,975 2,479 8,000 - 10,000 sqft 3 2 20 3 5 79
$272,400 1,733 0.25 - 0.5 acre 3 2 55 2 2 84
$219,900 1,361 0.25 - 0.5 acre 3 2 51 4 2 61