Nesting In Nashville Real Estate Blog

Nashville Begins 2010 with Increase in Home Sales!

A recent press release from the Greater Nashville Association of Realtors says:

There were 1,033 home closings in Greater Nashville during January, representing a 6 percent increase from the 974 closings reported during January of 2009. Condominium sales were up considerably.

The median residential price in January was $159,000 for a single-family home and $154,550 for a condominium. That compares with median prices of $165,000 for both condominiums and residential in January of last year. There were 1,295 sales pending at the end of January, compared with 1,282 at the end of January 2009.

Inventory is down to 22,233, compared with 22,509 in January of 2009. You can click here for a copy of the news release with more detail on home sales for January. And, you can click here for access to information on home sales by county and historical home sales data available on the GNAR website.

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