The latest figures for the Nashville metro area housing market show some interesting shifts that both buyers and sellers should be aware of. Here are the most important trends to understand:
📈 More Choices for Buyers
Active inventory has jumped significantly, with 34% more homes on the market compared to last year. With 7,569 active listings across the nine-county region, buyers now have substantially more options than they did in 2024. This is translating to a healthier 3.96 months of supply—up 29% from last year’s 3.08 months.
💰 Slight Price Corrections
Good news for buyers: The market is seeing modest price adjustments with:
- Average sale price down 3% to $681,045 (from $701,615 last year)
- Median sale price down 2% to $500,000 (from $508,000)
- Average list price down 2% to $901,126
🏘️ County-by-County Differences
The data shows significant variations across counties:
- Williamson County remains the region’s luxury market with a median sale price of $1,001,441
- Davidson County (Nashville proper) shows a median price of $520,000
- More affordable options can be found in Robertson County ($369,900) and Cheatham County ($375,000)
⚖️ What This Means for Spring Buyers and Sellers
For Buyers: 🔍 The increased inventory and slight price corrections mean more negotiating power this spring. Homes are taking longer to sell (average days on market up 17% to 31 days), which gives you more time to explore options and make thoughtful decisions. The time from listing to contract has increased 12% to 47 days, suggesting less competition and fewer bidding wars—a welcome change for spring house hunters!
For Sellers: 🏠 While it’s still a relatively healthy market (under 6 months of supply is considered balanced), you’ll need to be more strategic with pricing this season. The data shows closings are down 2%, and new listings have declined 5%. Standing out in this spring market will require competitive pricing and thoughtful preparation to capture buyer interest.
🌟 Spring Market Tip
This spring brings a more balanced Nashville market than we’ve seen in years. With more options for buyers and still-healthy conditions for sellers, timing your move according to your personal circumstances matters more than trying to “time the market.” The best time to buy or sell is when it makes sense for your life situation!
Thinking about making a move this spring? Reach out today to discuss how these market conditions might align with your real estate goals! 🌱
See the market stats: https://go.realtracs.com/
