GNAR Nashville Home Sales Statistics

GNAR Nashville Home Sales Statistics and Information

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Page Summary

GNAR Nashville Home Sales Statistics:

2010 YTD


2010 AREA HOME SALES CHART

 


JANUARY

 

  Closings Median Price Inventory
Total 1,033   22,233
       
Residential 821 $159,000 13,414
Condominium 164 $154,550 2,293
Multi-Family 10   442
Farms/Land/Lots 38   6,084

 

Pendings: 1,295

Days On Market: 99

 

 

FEBRUARY

 

  Closings Median Price Inventory
Total 1,308   23,159
       
Residential 1,084 $159,900 14,040
Condominium 148 $149,950 2,526
Multi-Family 15   437
Farms/Land/Lots 61   6,156

 

Pendings: 1,614

Days On Market: 89

 

MARCH

 

  Closings Median Price Inventory
Total 1,851   24,123
       
Residential 1,557 $159,250 14,830
Condominium 200 $137,450 2,614
Multi-Family 26   440
Farms/Land/Lots 68   6,239

 

Pendings: 2,231

Days On Market: 92

 

APRIL

 

  Closings Median Price Inventory
Total 2,145   24,352
       
Residential 1,834 $164,950 15,087
Condominium 220 $143,950 2,618
Multi-Family 27   463
Farms/Land/Lots 64   6,184

 

Pendings: 2,505

Days On Market: 87

 

MAY

 

  Closings Median Price Inventory
Total 2,270   24,007
       
Residential 1,918 $167,700 14,779
Condominium 250 $151,825 2,519
Multi-Family 12   439
Farms/Land/Lots 90   6,270

 

Pendings: 2,124

Days On Market: 84

 

JUNE

 

  Closings Median Price Inventory
Total 2,416   23,640
       
Residential 1,980 $181,312 14,775
Condominium 354 $145,000 2,398
Multi-Family 19   395
Farms/Land/Lots 63   6,072

 

Pendings: 1,976

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

 


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

 

 

APRIL

 

  Closings Median Price Inventory
Total 2,135   24,670
       
Residential 1,713 $180,000 15,741
Condominium 281 $162,000 2,602
Multi-Family 27   391
Farms/Land/Lots 114   5,936



Pendings: 2,342
Days on Market/Residential: 80

 

 

MAY

 

  Closings Median Price Inventory
Total 2,508   25,096
       
Residential 2,074 $189,975 15,859
Condominium 305 $159,000 2,596
Multi-Family 34   410
Farms/Land/Lots 95   6,231



Pendings: 2,489
Days on Market/Residential: 82

 


JUNE

 

  Closings Median Price Inventory
Total 2,591   24,923
       
Residential 1,995 $183,615 15,828
Condominium 485 $185,500 2,593
Multi-Family 27   414
Farms/Land/Lots 84   6,088



Pendings: 2,684
Days on Market/Residential: 76

 

JULY

 

  Closings Median Price Inventory
Total 2,488   25,023
       
Residential 2,060 $179,995 15,844
Condominium 325 $162,900 2,593
Multi-Family 29   404
Farms/Land/Lots 74   6,182



Pendings: 2,394
Days on Market/Residential: 79

 

 

 

 

 

 

 

 

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