GNAR Nashville Home Sales Statistics:
2010 AREA HOME SALES CHART
Days On Market: 99
Days On Market: 89
Days On Market: 92
Days On Market: 87
Days On Market: 84
Days On Market: 83
May 2008 Information
News that was released regarding May 2008 showed that were 2,508 home closings reported for the month of May. These figures were supplied by the Greater Nashville Association of Realtors. This actually represents a downward trend of 28.4 percent from the 3,503 closings reported for the same period in May 2007.
"Home sales in the Greater Nashville area remain consistent, as do median prices for both residential and condominium closings. As a matter of fact, the residential median prices have increased, which is a positive sign based on the market trends in other locations," said Mandy Wachtler, 2008 President of the Greater Nashville Association of Realtors. "This region's diverse economy has softened the impact of national economic and housing trends and we continue to anticipate positive trends in the months ahead." Source GNAR
2008 AREA HOME SALES CHART
Archive from February 2008
The Greater Nashville Association of Realtors released the figures for homes sold in Nashville Tennessee. In February 2008 there were 1,892 homes sold and closings which represents a 26.5% derease from the same period last year. In February 2007 there were 2,575 closings.
"The difference in the number of home sales in Greater Nashville between February of this year (2008) and the same month last year is less that what it has been in recent months. It is still significant, but headed the right direction," said Mandy Wachtler, 2008 President of the Greater Nashville Association of Realtors. "It is encouraging to note that the number of homes sold has increased when compared to the month before and it is by a larger percentage than was the case a year ago. And, pending sales are the highest they have been since last October. These are positive signs that will likely help create positive trends for the coming months." Source GNAR