APRIL 2014NASHVILLE MLS
MEDIAN SALES PRICE
NASHVILLE MLS
The Median Price for all homes sold in April was $176,000, which is 3% higher than
the me...
CLOSED TRANSACTIONS
NASHVILLE MLS
The Market Trend Report for April showed an 8% increase in the number of Closed
Transact...
DAYS ON THE MARKET
NASHVILLE MLS
The average Days on the Market for all homes sold in April was 83. This is 4 days less
th...
MONTHS SUPPLY OF
INVENTORY
NASHVILLE MLS
The number of Months Supply of Inventory at the end of April was 3.4 which is a 2...
Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided b...
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Nashville April 2014 Market Trend Report

Presented by RE/MAX of Tennessee. Make Your Move with the #1 Name in Real Estate. Go to remax-tennessee.com or Call 1-877-345-REMAX to connect to an agent about buying a home or selling your home in today’s market.
Published on: Mar 3, 2016
Published in: Real Estate      Business      Economy & Finance      
Source: www.slideshare.net


Transcripts - Nashville April 2014 Market Trend Report

  • 1. APRIL 2014NASHVILLE MLS
  • 2. MEDIAN SALES PRICE NASHVILLE MLS The Median Price for all homes sold in April was $176,000, which is 3% higher than the median price in March and 6% higher than the price in April 2013. APRIL 2014 APRIL 2013 $176,000 $165,313 6% APRIL 2014 $176,000 $150,000 $155,000 $160,000 $165,000 $170,000 $175,000 $180,000 $185,000 $190,000
  • 3. CLOSED TRANSACTIONS NASHVILLE MLS The Market Trend Report for April showed an 8% increase in the number of Closed Transactions over March and a 1% decrease over sales in April 2013. 2,993 3,022 1% APRIL 2014 APRIL 2013 APRIL 2014 2,993 0 500 1000 1500 2000 2500 3000 3500 4000
  • 4. DAYS ON THE MARKET NASHVILLE MLS The average Days on the Market for all homes sold in April was 83. This is 4 days less than the average in March and no change in days from April 2013. 0% 83 83 APRIL 2014 APRIL 2013 APRIL 2014 83 70 75 80 85 90 95
  • 5. MONTHS SUPPLY OF INVENTORY NASHVILLE MLS The number of Months Supply of Inventory at the end of April was 3.4 which is a 21% increase from March and a 23% decrease from April 2013. 3.4 4.4 23% APRIL 2014 APRIL 2013 APRIL 2014 3.4 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0
  • 6. Description The Market Trend Report is distributed each month on or about the 15th. The Report is based on data provided by Terradatum from the local Nashville Multiple Listing Service and is not annualized. While MLS and Terradatum data are believed to be accurate, it cannot be guaranteed. MLS data is constantly being updated, making any analysis a snapshot at a particular time. Data for prior periods is not being recalculated for this report. Definitions Median Sales Price is the median price of all residential properties sold during the month. Closed Transactions are the number of residential transactions closed during the given month. Days on the Market is the number of days that pass from the time a property is listed until the property goes under contract for all residential properties sold during the month. Months Supply of Inventory is the total number of residential properties listed for sale at the end of the month (active inventory) divided by the number of sales contracts signed (pended) during the month).

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