Nashville Real Estate Blog - Blog Archive: June, 2016

information relating to real estate in Nashville Tennessee

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June 2016

Found 1 blog entry for June 2016.

2016 Nashville Real Estate Market UpdateThe Greater Nashville Association of Realtors has released numbers from last month, and for the most part, activity is continuing to trend in the same direction as recent months. In all, there were 3,698 closings throughout the Nashville area during the month of May, which is just under a 4% increase from May of 2015. Despite showing a somewhat slower growth rate compared to the early part of 2016, year-to-date sales are still up 8.8% overall compared to 2015.

Home prices in Nashville are also on the rise, up an astounding 10% from this time last year. As previously noted in several other market updates, the steady increase in prices relates directly to a tightening inventory that only seems to shrink even more as we make our way though the busy spring

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