The second quarter numbers for 2015 are in and the Nashville Real Estate Market is looking good! The Greater Nashville Association of REALTORS® president Cindy Stanton stated, “It has been a decade since our area has experienced as strong a month of June as we did this year. The continued growth with jobs, the economy and consumer confidence indicate we can expect this trend to remain.”
In June alone there were 3,804 closings whereas there were only 3,324 closings in 2014 – a 14.4% increase. For year to date, the number of closings was up 12.2% compared to last year’s numbers.
Not only is the number of homes sold rising, so is the median price – the median price of residential homes sold in June was $240,000 whereas it was only $222,000 in June 2014.
Cindy stated, “Median prices continue to see gains, both in single-family homes and condominiums. There has never been a better time for a seller to get top dollar for their property.”
Well there you have it – Nashville home sales continue to rise and it is definitely worth thinking about putting your house on the market! If you decide that might be something you would want to do give us a call and we can meet with you to go over your home’s value and what you can net from selling! Contact us here!
