Nashville Real Estate Sales for September

Nashville real estate – 1,935 home sales were reported for the month of September, according to the Greater Nashville Association of REALTORS®.  Nashville real estate sales in 2008 were  2,075 closings reported for September.

Nashville real estate pending sales were 2,120, compared with 2,001 pending sales at this time last year.  The average number of days on the market for a single-family homes in Nashville was 86 days, compared with 79 days for September 2008.

The median residential price for a single-family home during September was $160,000, and for a condominium it was $142,500.  This compares with last year’s median residential and condominium prices of $168,900 and $148,500, respectively.

Nashville real estate inventory at the end of September was 23,975, down from 24,270 in September 2008.