Nashville Real Estate Market Update
Nashville and Davidson County home sales continued trending upward in January. The number of home sales increased 12.8% from January 2016 with 1,091 recorded for the month compared to 967 last year.
The average price of a home increased 11% to $294,616 from $264,829 last January.
Median home sale prices were up 14% from last year to $240,000 versus $210,000 in January 2016.
Antioch (37013) had the most home sales for the month with 131 recorded averaging $191,510.
Green Hills (37215) recorded the highest average sales price for the month of $707,474 across 34 sales.
36% of home sales for the month were between $150,000-$249,999.
Home sales over $1 million were up 13% from January 2016 with 17 recorded compared to 15 recorded last year.