Courtesy of Greater Nashville REALTORS®. There were 3,704 home closings in the Greater Nashville Region reported for the month of September, according to figures provided by Greater Nashville REALTORS®. This figure represents a 13.7 percent increase compared to the 3,258 closings in September 2018. Data for the third quarter of 2019 showed 12,030 closings, up nine percent from the 11,031 closings during the same period of 2018.
The median residential price for a single-family home during September was $318,000, and for a condominium, it was $236,000. This compares with last year’s median residential and condominium prices of $290,000 and $218,150, respectively. This represents a 9.7% increase over 2018 for single-family residential and an 8% increase over 2018 for condominiums.
*The data collected for this release represents nine Middle Tennessee counties: Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson.