The Nashville housing market saw improvements in 2012 compared to 2011, with 266 more properties sold, listings selling 10 days faster on average, 37% more pending listings, 10% fewer active listings, and average sales prices increasing by 12% or $17,250. Inventory levels were also down, with a 36% reduction in the monthly supply compared to the previous year.

1. December 2012
Nashville, TN
Market Trends

2. December 2012
For Nashville, TN comparing 2011 to 2012 there are . . .
•266 more Properties sold than this time last year
•Listings have been selling 10 days faster in 2012 than 2011
•37% more listings under contract compared to 2011
•10% less listings for sale in 2012
•Average sales price has increased in 2012 by 12% or $17,250
•36% less monthly supply of inventory in 2012

3. December 2012
Number of Properties Sold
3,000
2,500
2,000
1,500
1,000
500
-

4. December 2012
Days on Market
105
100
95
90
85
80
75

5. December 2012
4,500
Pending Listings
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
-

6. December 2012
Number of Listings For Sale
25,000
20,000
15,000
10,000
5,000
-

7. December 2012
Average Sales Price
$170,000
$165,000
$160,000
$155,000
$150,000
$145,000
$140,000
$135,000
$130,000

8. December 2012
Monthly Supply of Inventory
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0

9. December 2012
Data provided by Terradatum.
The above representation is based in whole or in part on data from the local
Multiple Listing Service for the time period indicated. RE/MAX, the Multiple
Listing Service, and the member Associations of REALTORS do not guarantee or
are in any way responsible for the data accuracy.