Nashville Home Sales for March 2010

Nashville homes Sales for March 2010 - The unofficial numbers based on information from Realtracs on 4/2. Adjustments will be made, I'm sure, but this market report will give you a general idea of Nashville real estate sales trends for single family homes in the Nashville area. This includes, Murfreesboro, Spring Hill, Brentwood, Franklin, Hendersonville, Dickson, Gallatin, and all of the homes in the Nashville area.

• 2142 homes were sold in Nashville during the month of March
• The average price of homes sold in the Nashville area was $183,217
• The average size of homes sold in Nashville was 1992 square ft
• The average days on market for Nashville homes sold was 96
• 2606 Nashville homes are currently pending
• 21,356 Nashville homes are currently listed

The current absorption rate is 10 months, but improving quickly. I expect the market to continue improvement as long as the interest rates stay low, and the job market in Nashville continues to remain stable.

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