It continues to be a sellers real estate market in Nashville. New figures from July show high demand and low supply of homes.
Post Tagged with: "home sales"
Homes in Nashville are moving faster than previous months and selling for more than ever before, according to numbers for June released by the Greater Nashville Association of Realtors.
The streak of climbing home sales numbers has ended in the Nashville area. After three straight years of growth, fewer homes were sold in March than the same month last year.
Freezing weather in January is expected to put a damper on home sales nationwide, but it didn’t in Nashville. Sales in the area increased, compared to the same month last year.
While home prices have risen over the last year, the Greater Nashville Association of Realtors says the average price for condominiums has fallen and now hovers around $150,000
The average length of time it takes to sell a home in the Nashville area is down to 70 days. It’s a pace not seen since October 2007.
The Nashville-area housing market has already surpassed the total number of home sales in all of last year. Realtors say closings improved by more than a third in October compared to 2011.
After years of ups and downs, Nashville-area realtors say they’re seeing an important characteristic that’s been missing in the local housing market – sustainability. The Greater Nashville Association of Realtors says closings for the month of August were up by 27 percent.
The Greater Nashville Association of Realtors says July had more closings than any month in the last four years. Home sales continue their upward trend in Middle Tennessee.
Home sales for the month of June were up by more than 20 percent compared to last year, along with a sizeable jump in home prices. Realtors continue to be encouraged by the local recovery.
April was another strong month for home sales, according to the Greater Nashville Association of Realtors. Closings were up 25 percent.
More Nashville area homes were sold in 2011 than the year before, according to the Greater Nashville Association of Realtors, It’s the first time since 2006 that year-to-year numbers have gone up at all, but the rate of growth is less than two percent.
Home sales in the Nashville area were up almost 30 percent in August over the same period last year.
Midsate home sales were down again last month.
Home sales were down again in May. The Greater Nashville Association of Realtors is reporting a more than 14 percent decrease in closings from the same time last year.
Home sales in the Nashville area are showing the first signs of improvement since the expiration of a federal tax credit in the middle of last year. Closings in January were up more than six percent.
Home closings in the Nashville area fell by more than 30% last month, continuing a sales skid that has followed the expiration of a home buyer tax credit earlier this year.
Home sales in the Nashville area rose again in June for the ninth consecutive month.
Sales of high-end Nashville homes are up 24 percent from last year. Meanwhile, home sales in general continue to increase, following an eight-month trend of improvement from last year.
Home sales in Middle Tennessee are up for the sixth straight month compared to a year ago. And the number of homes for sale jumped dramatically in March, which officials say shows growing confidence in the economy.