James & Stephanie Crawford

Nashville, TN 37211

Single-Family Homes

Nesting In Nashville REAL-TIME Market Reports



Nashville, TN 37211

Mon Jun 17 2019
This week the median list price for Nashville, TN 37211 is $339,900 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has held steady at or around 119. 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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 37211

Mon Jun 17 2019
This week the median list price for Nashville, TN 37211 is $339,900 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has held steady at or around 119. 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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $339,900
Per Square Foot $158
Days on Market 73
Price Decreased 45%
Price Increased 3%
Relisted 64%
Inventory 119
Median House Rent $1,685
Most Expensive $2,000,000
Least Expensive $125,000
Market Action Index
Strong Seller's Market
52

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
$459,000 2,725 0.25 - 0.5 acre 4 2 13 8 3 121
$373,700 2,409 0.25 - 0.5 acre 4 2 19 7 6 65
$315,800 2,043 0.25 - 0.5 acre 3 2 56 5 8 52
$247,400 1,375 0.25 - 0.5 acre 3 1 57 7 14 55