GNAR Nashville Home Sales Statistics:

 

2008 Nashville Home Sales

JANUARY Closings Median Price Inventory Total 1,644 21,952 Residential 1,364 $179,900 14,008 Condominium 188 $158.890 2,418 Multi-Family 24 385 Farms/Land/Lots 68 5,141 Pendings: 1,924 Days on Market/Residential: 78   FEBRUARY Closings Median Price Inventory Total 1,892 22,473 Residential 1,488 $168,000 14,344 Condominium 256 $154,650 2,374 Multi-Family 27 380 Farms/Land/Lots 121 5,375 Pendings: 2,183 Days on Market/Residential: 86   MARCH Closings Median Price Inventory Total 2,227 22,730 Residential 1,765 $178,388 15,065 Condominium 336 $160,573 2,505 Multi-Family 22 381 Farms/Land/Lots 104 5,779 Pendings: 2,308 Days on Market/Residential: 80   Source: www.GNAR.ORG

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