Nashville TN Home Sales Increase 38% in November 2012!
The Nashville Real Estate market hasn't seen sales this strong since the fall of 2007. It's still well behind that of 2006 but we're headed in the right direction it seems.
For the year, sales are up 27% over last year and may be as high as 25,000 transactions. That will be the first time since 2007.
Single family home Median prices increased from $167,500 to $179,900 or up 7% over the same time in 2011.
Inventory is down almost 15% with a less than 6 month supply of homes for sale.