You are selling your house, and are super excited because you hear that it is a SELLERS’ MARKET. True, but don’t let that lull you into thinking that you can just slap a For Sale sign in the yard and wait for the money truck to pull in. Even in a hot market, there are homes don’t sell for many ... [Continue Reading]
August 2020 Sales Stats
Lots of real estate activity in Davidson County this summer! Pending sales, which is the number of properties on which contracts have been accepted in a given month, was 1,606 this month versus only 881 in August 2019. If those pending transactions actually close in the next 30-60 days, it will be ... [Continue Reading]
Managing Bidding Wars
BUYER TIPS It is hard to imagine that in the midst of a global health crisis, economic uncertainty, and high unemployment we are experiencing bidding wars, but here we are. It certainly supports the old adage that all real estate is local. In Davidson County, the supply of homes for sale is low, ... [Continue Reading]
July 2020 Sales Stats
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. Advantage seller. Real estate being local, local, local, these ... [Continue Reading]
Do I Stay Or Do I Go-Part II How The Pandemic Affected Home Sales In April
Do I Stay Or Do I Go-Part II How The Pandemic Affected Home Sales In April-The Numbers Although people buy and sell homes year-round, Spring always brings a burst of activity in the real estate business. Not in 2020. This year the Spring Selling Season is pushed to the Summer Selling Season as ... [Continue Reading]
Do I Stay or Do I Go? Real Estate in the Time of COVID-19
Do I Stay or Do I Go? Navigating Today (& Tomorrow’s) Real Estate Market Do I Buy, Sell, or Wait? If you were considering a move this Spring, that decision suddenly seems fraught with complications, leaving you concerned, confused, and cranky! When making a decision to buy, sell, or wait, ... [Continue Reading]
2019 Home Sales
You may have heard that one hundred people are moving to Middle Tennessee a day. According to The Tennessean, that number has tapered off to fifty-four people, but that’s still a lot of newcomers who need a place to live. And it will cost them more than they think. This past year in Davidson ... [Continue Reading]
Home Sales May 2018
HOME SALES May 2018 It has been a busy Spring in Nashville as home prices continue to rise. The average closing price year-to-date increased by almost 9% in Davidson County from this time last year. The supply of homes listed for under $500,000 remains limited. Single Family Home (SFH) Sales ... [Continue Reading]
Home Sales Nashville February 2018
HOME SALES February 2018 Single Family Home (SFH) Sales Davidson County February 2018 In Davidson County, there were 640 home closings in February, versus 670 closings reported for the same period last year. The average sales price increased to $367,844 from $333,016. SFH Sales Williamson ... [Continue Reading]
Home Sales Nashville 2017
Year-End Home Sales 2017 was another banner year for residential real estate in Nashville. In Davidson County, there were 10,796 closings up from 10,544 in 2016. The average home price--a whopping $363,250. How long will the boom last? I don’t know, but consider the response from wealthy ... [Continue Reading]