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Nashville Market Trend RE/port- August


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August 2012 Market Trends for the Nashville area.

Published in: Business, Real Estate
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Nashville Market Trend RE/port- August

  1. 1. RE/MAX of Kentucky/Tennessee Nashville, TN Market Trend RE/port August 2012 September 14, 2012
  2. 2. August Highlights 2012 vs. 2011 For Nashville, TN comparing 2011 to 2012 there are . . .• 464 more Properties sold than this time last year• Listings have been selling 10 days faster in 2012• 37% more listings under contract compared to August 2011• 12% less listings for sale in 2012• Average sales price has increased in 2012 by 5% or $7,500• 107% less monthly supply of inventory in 2012• Inventory is signficantly less than 2011 and home prices are on the way up! Page 2
  3. 3. Number of Units Sold Page 3
  4. 4. Days on Market Page 4
  5. 5. Pending Listings(Under Contract) Page 5
  6. 6. Number of Listings For Sale Page 6
  7. 7. Average Sales Price Page 7
  8. 8. Monthly Supply of Inventory (Under Contract) Page 8
  9. 9. Data provided by Terradatum. The above representation is based in whole or in part on data from the local Multiple ListingService for the time period indicated. RE/MAX, the Multiple Listing Service, and the member Associations of REALTORS do notguarantee or are in any way responsible for the data accuracy.