Greater Nashville Tennessee Market Report January 2011

By
Real Estate Agent with Crye-Leike, Realtors

January 2011 Greater Nashville Tennessee Market Report

Including Dickson & Williamson Counties

January 2011 home sales in Greater Nashville TN area were up in comparison to January 2010.

GNAR market report for January 2011 released last week for Greater Nashville TN area is quoted below:

"The Greater Nashville TN area saw 1,101 homes sold in January 2011, resulting in a 6.6 percent increase compared to the 1,033 closings reported in January of 2010, sparking a sign of optimism in the region's housing market. Median price for single-family homes also showed an increase compared to January 2010.  The median price of a single-family residence was $165,500 in January 2011 compared to $159,000 last January.  Condominiums saw a decrease in median price for January 2011 at $131,500.  By comparison, the median price for a condominium it was $154,550 in January 2010. "

Greater Nashville TN report includes Nashville and surrounding counties that also include Williamson and Dickson counties in Middle Tennessee.

 Williamson County single-family homes sales are up 9% compared to last year with 140 units closed in Jan 2011 and 111 homes in 2010.   Median price for Jan 2011 is up at $402,154 compared to $366,255 in Jan 2010. 

Dickson County single-family homes sales are down 12% with 28 single-family homes sold in Jan 2010 compared to 25 sold in Jan 2011.  Median prices have dropped 18% with the median price at $105,132 in Jan 2011 compared to $128,713 in Jan 2010.

Comments (4)

Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Donna ... Thanks for your post, and I like to see local RE business market reports.  If you post a market report for a county or local area smaller, like city, or tract within a city, I'd find that even more interesting.  Best wishes.

Feb 14, 2011 08:22 AM
Donna Hudson
Crye-Leike, Realtors - Bellevue, TN

Thanks for your comment.  I am in agreement that broken down to specific counties or communities helps to educate buyers & sellers of their own markets.

Feb 14, 2011 09:22 AM
Todd Clark
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

I could see why you were excited by the numbers. We are still in a free fall here in Oregon unfortunately, but reports like yours give us hope that things will change soon.

Welcome to the rain, I hope you are finding your experience fun and exciting. There are a lot of things to learn and though it may seem overwhelming these first few days. Don't worry, there are lots of us Ambassadors here to help. Feel free to look for the Ambassador logo under our pictures on our profile and our blogs and you can call and email any of us and we will gladly help you with any questions you may have.

Don't be shy, we don't bite, the fact is we are here to help each other make the business better by sharing with each other.

Feb 15, 2011 06:46 PM
Letitia Stevenson
BHHS Fox & Roach | www.DelawareValleyRE.com - Greenville, DE
Listing Agent DE/PA/MD, Digital Marketer & Coach

Donna, Welcome to the Rain! Active Rain is a great place to share your knowledge, expertise and thoughts, as well as network and learn so much from the vast pool of talent already onboard.

Welcome Aboard and Much Success!

Feb 16, 2011 12:53 PM