In Davidson County, there were almost 25% fewer homes for sale in July than during the same period last year.
Correspondingly, the median sales price for a single-family home increased 11.9% from this time last year to $355,000.
Real estate being local, local, local, these stats vary by neighborhood and price point. The luxury market (over $1,000,000), for example, typically follows its own trajectory.
For additional data click on the links below: