Tnrealestateblog's Blog

December 23, 2013

Nashville TN South Nashville, Nippers Corner & Crieve Hall area Home Sales Statistics – 2013 Market Report

Nashville TN South Nashville, Nippers Corner & Crieve Hall area home sales have increased this year in both volume and median price!  When considering single family home sales between January and November, the median sale price is up 7.8% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 5 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Similarly, the sales volume for 2013 has surpassed the volume of 2008.  Also, the median Days on Market has dropped and homes are selling faster than they have in 5 years!

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Please note that real estate market conditions vary based on the specific location, condition and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  Everyone wants to get a good deal on the home they purchase.  Please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy!  Visit my Real Estate Statistics Page at www.TiffanyWhite.com to see market reports for other Middle TN cities.

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The charts were created based on closed homes sales in MLS.  Below are the detailed yearly numbers from the Greater Nashville MLS.  Feel free to contact me if you have questions about this information.

Year 2006    975 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1 0 0 $22,000 $22,000 0
AVG 1,963 3.23 1.86 $197,368 $195,712 54
MEDIAN 1,826 3 2 $175,900 $177,000 46
MAX 5,230 6 4 $508,244 $617,129 426
Year 2007    838 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 660 0 0 $25,000 $25,000 0
AVG 1,969 3.24 1.81 $208,978 $206,073 60
MEDIAN 1,780 3 2 $189,900 $184,974 50
MAX 4,674 10 4 $665,899 $595,825 596
Year 2008    539 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 660 0 0 $35,000 $32,000 0
AVG 1,901 3.22 1.82 $195,922 $190,131 66
MEDIAN 1,768 3 2 $184,500 $177,900 59
MAX 4,919 5 4 $579,999 $560,000 559
Year 2009    539 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 672 1 1 $27,500 $30,000 0
AVG 1,875 3.2 1.81 $178,707 $172,516 80
MEDIAN 1,724 3 2 $169,900 $166,107 66
MAX 5,842 5 4 $459,000 $426,481 479
Year 2010    433 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 672 2 1 $12,500 $12,500 0
AVG 1,859 3.18 1.83 $178,333 $171,915 82
MEDIAN 1,717 3 2 $169,900 $161,000 68
MAX 4,545 6 4 $499,000 $485,000 368
Year 2011    459 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 660 0 0 $26,730 $25,000 0
AVG 1,997 3.24 1.87 $175,990 $168,556 91
MEDIAN 1,893 3 2 $178,900 $171,700 72
MAX 4,760 30 4 $449,900 $425,000 697
Year 2012    650 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 660 0 0 $22,000 $22,100 0
AVG 1,949 3.23 1.83 $178,686 $173,153 77
MEDIAN 1,826 3 2 $169,900 $167,000 57
MAX 6,190 6 4 $784,990 $774,990 533
Year 2013   722 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 660 1 1 $37,500 $32,000 0
AVG 1,953 3.26 1.88 $194,672 $190,305 66
MEDIAN 1,812 3 2 $184,900 $180,000 50
MAX 4,970 7 5 $725,000 $725,000 584
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