Nashville Homes Sales for November 2011

Nashville homes sales increased 20 Percent with 1,592 closings reported for the month of November, compared to 1,326 closings reported for the same period last year. Nashville home prices increase 1.5 percent to a median price of $167,500 compared to $165,000 last November. More importantly the inventory of Nashville homes continues to decline to 11,972 homes compared to 13,598 last November, a decline of 14 percent. The laws of supply and demand are starting to show and prices will continue to rise as long as inventory levels decline and demand stays constant or increases.

  • 1320 Nashville homes sold in the month of November compared to 1108 last year
  • 182 Nashville condos sold compared to 146 last year
  • The median price of homes sold in Nashville for November was $167,500 compared to $165,000 the previous November
  • the median price of Nasville condos sold in November was $158,690 compared to $137,500 last year a 15 percent increase

For home owners who are considering a move, this is good news because houses are selling, and the prices continue to increase. For home buyers it means that it will be harder to find the home you want, and when you do, it will cost more that it would have just a few months ago.

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Other Nashville Neighborhoods

Abbottsford Annandale Avalon
Belle Meade Burton Hills Carronbridge
Courtside Cool Springs Dallas Downs
Evergreen Falcon Creek Fieldstone Farms
Forest hills Forrest Crossing Franklin Green
Governors Club Green Hills Laurelbrooke
Ladd Park Mcgavock Farms Mckays Mill
Montclair Luxury Homes Murfreesboro
Newport Crossing Brentwood Pointe Polk Place
Princeton Hills Providence Raintree Forest
Riverwalk Sullivan Farms Sylvan Park
Wades Grove Wakefield Westhaven

Return to Nashville homes search page

For the most-up-to-date information on Nashville current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Nashville or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

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