Nashville Real Estate Market Reports May 2019

Avg Sales Prices in May 2019 remain better than May 2018-in all but Robertson County. Year-to-Date, all counties had increases in sales prices & median sales prices over the same time frame in 2018.

Davidson’s Avg. Sales Price in May hit $433,996 for an 11.4% increase over the prior year. Wiliamson County’s average sale price hit $645,415 and a 16.4% increase. Davidson & Williamson on a YTD basis, have increases over prior year of 11.4% and 11.6% respectively.

Closed sales in May 2018 saw declines compared to LY in four of the counties. On a YTD basis, that count moved to 5 counties.

Available inventory going into June is down slightly from last month. The sales pace has had no lags, and has been quite effective in absorbing the new inventory coming to market. DOM in most counties dropped compared to last month with 4 counties reporting less than 30 days.

New Home Sales Percent to Total Homes Sold is still consistent with prior months, with just slight changes from last months report.

The links to the Counties and Summary Report are below.
The Summary Report provides a quick view of all county activity.