The number of home sales in Nashville and Davidson County fell for the first time in 2017 indicating a possible market flattening. Average sales prices continued to climb in light of limited inventory and continued buyer demand. Here is a closer look at the numbers.
  • The total number of units sold in¬†April were¬†down 9% and¬†average home sales prices were up 7% from last year.
  • There were¬†1,437 home sales recorded for the month averaging $303,923 compared to 1,574 sales recorded in¬†April 2016 averaging $282,891.
  • Median home sale prices were up 11% from last year to $249,900 versus $225,000 last April.
  • Through the first¬†four months¬†of 2017 the number of home sales recorded are up 3% and the average home sales price is up 9% from¬†the same period of¬†2016.
  • Antioch (37013)¬†had the most home sales for the¬†month with¬†170 recorded averaging $190,549.
  • Belle Meade/West End¬†(37205)¬†recorded the highest average sales price¬†for the¬†month of $637,300¬†across¬†55 sales.
  • Home sales over $1 million were¬†down 8% from¬†April 2016¬†with¬†24 recorded¬†compared to¬†26 recorded last year.

Click below for the April 2017 ZIP code stats from around Davidson County

Nashville Real Estate Market Stats PDF Link

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