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Nashville Homes Sales for April 2012
NashvilleNashville Homes and Real Estate Market Report April 2012 - Sales of Nashville homes increased 29% and sales of Nashville condos increased 13% in April compared to the previous year. 1841 homes closed during the month at an median price of $165,000 compared to $159,010 last April. Inventory levels continue to shrink with 12185 homes currently available compared to 13998 last year, a reduction of 15 percent.
  • the median sales price of homes sold in Nashville increased 4 percent in April from $159,010 to $165,000
  • the amount of homes sold increased 29 percent with 1841 closings for the month
  • 2436 Nashville homes are currently pending sale compared to 1909 at this time last year
  • average days on market is down to 88
  • the absorption rate of single family Nashville homes is down to 6.5 months already and the busy months are still ahead of us.

With mortgage rates at historic lows and rents rising all over the city, Nashville real estate is probably headed for a sellers market this summer. The change in the market has been totally predictable, and we should have a continued strong market thoughout the summer. Now is the time to list your homes if you have been wanting to sell, but if you are a buyer, the best deals are probably already gone, and now you will have to pay a little more for the best homes. IF you can imagine it, we can make it happen

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For the most-up-to-date information on Nashville current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures , then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.  

Published Friday, May 11, 2012 12:48 PM by larry Brewer

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