Nashville Real Estate Market Update, February 2019
According to Chandler Reports, the upward trend of home sales activity in Nashville and Davidson County continued into the second month of 2019.
There were 1,080 home sales recorded in February averaging $326,437 compared to 1,020 sales recorded in February 2018 averaging $314,650, resulting in a 6% increase in units sold and a 4% increase in average home sales prices.
Through the first two months of 2019, the number of home sales recorded are up 8% and average home sales prices are up 4% from the same period of 2018.
The median home sale price for the month was up 3% from last year to $270,000.
Antioch (37013) recorded the most home sales in February with 121 sales averaging $220,484.
Oak Hill (37220) recorded the highest average sales price of $769,857 across 7 sales.
26% of home sales recorded for the month were between $150,000 and $249,999.
Home sales over $1 million were up 10% with 23 sales recorded compared to 21 in February 2018.
Click here to download our Middle TN Market Trends reports.