The Nashville real estate market in 2012 saw 383 more property sales than in 2011, with listings selling an average of 13 days faster. There was a 41% increase in pending listings and 12% fewer active listings for sale compared to the previous year. The average sales price rose 5% or $8,050, while the monthly inventory supply dropped 109%.

1. September 2012
Nashville, TN
Market Trends

2. September 2012
For Nashville comparing 2011 to 2012 there are . . .
•383 More Properties sold than this time last year
•Listings have been selling 13 days faster in 2012 than 2011
•41% more listings under contract compared to 2011
•12% less listings for sale in 2012
•Average sales price has increased in 2012 by 5% or $8,050
•109% less monthly supply of inventory in 2012

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

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

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

6. September 2012
Number of Listings For Sale
25,000
24,000
23,000
22,000
21,000
20,000
19,000

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

8. September 2012
Monthly Supply of Inventory
10.0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0

9. September 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.