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For Those of You Following Greater Nashville Area Home Sales...

By
Real Estate Agent with RE/MAX Homes and Estates, Lipman Group #311723

Here is the mls release for the data on December 2008:

http://www.gnar.org/mlsrelease.htm

Well, actually, I just clicked on that link above and it gave the November info still.  Hopefully it will update soon.  In the meantime, here is the exact email I received from the Greater Nashville Association of Realtors - please note, this is THEIR DATA NOT MINE!!!!

 

DECEMBER HOME SALES TRENDS REMAIN CONSISTENT

 

There were 1,422 closings during the month of December, which represents a 32.5 percent decrease form the 2,109 closings in the same period last year.

 

Fourth quarter closings were 4,413, down 35.6 percent compared to 6,856 closing in the fourth quarter of 2007.

 

And, the year ended with 24,246 total closings, down 29 percent from the 34,221 closing during all of 2007.

 

The median price for a single-family home in December was $163,750, and for a condominium it was $134,062. That compares with last year's median single-family and condominium prices of$187,900 and $169,750 respectively.

 

Inventory is currently at 21,274, compared with 20,673 in December of last year.

Hopefully, the new data will appear on the website very soon!  For more information on real estate in the Middle Tennessee area or for a free comparable market analysis on your home, please contact Realtor Emily Lowe at 615.509.1753!

Search the MLS for current listings here.

Home Staging
Showhomes - Nashville, TN

Good data - thanks for posting!

I'm glad you mentioned that the inventory is rising. Although the number of sales is contant, there is more and more inventory on the market which makes the percentage selling go down.

Feb 13, 2009 03:44 AM