Nashville Real Estate Market
The Greater Nashville association of Realtors released the sales figures for December 2007. This showed a decline in sales from the previous year but do not show a collapse in the market as seen in other town and cities across the United States.
In the first 1/4 of 2012 sales of homes in nashville have seen a dramatic spike upwards and the realtors on The Ashton Real Estate Group team have seen more and more evidence of a reviving real estate market with lots of examples of multiple ofers on homes that only 6 months ago were stagnant.
Nashville Tennessee has retained it's universal appeal and inquiries regarding homes for sale and property is showing no signs for slowing down. In fact our site receives between 15 and 40 inquiries a day and this is January which is considered the slow season!
December Sales Comparison :
|
Dec. 2006
3,109
2,262
585
50
212
Dec. 2007
2,109
1,620
332
25
132
4th Sales Comparison:
Closings Residential Condominium Multi-family Farms/Land/Lots |
4th Qt r. 2006
|
4th Qtr . 2007
|
Year-To Date Sales Comparison:
Closings Residential Condominium Multi-family Farms/Land/Lots |
Y-T-D 2006
|
Y-T-D 2007
|
Source: Greater Nashville Association of Realtors January 2008
Williamson County Statistics
December 2007
|
Closings
|
Median Price
|
Average Price
|
DOM
|
Residential
|
247
|
385,757
|
471,523
|
74
|
Condominium
|
58
|
198,732
|
217,309
|
51
|
|
Closings
|
Median Price
|
Average Price
|
DOM
|
Residential
|
356
|
394,900
|
456,445
|
53
|
Condominium
|
57
|
190,000
|
213,643
|
49
|
|
Closings
|
Median Price
|
Average Price
|
DOM
|
Residential
|
450
|
320,704
|
414,290
|
50
|
Condominium
|
46
|
144,950
|
180,452
|
31
|
Source: Williamson County Association Of Realtors January 2008