NASHVILLE MLS
DECEMBER 2013
DECEMBER 2013
$170,000
DECEMBER 2012
MEDIAN SALES PRICE
$167,500
$200,000
$180,000
$160,000
$140,000
$120,000
$100,00...
DECEMBER 2013
2,719
DECEMBER 2012
CLOSED TRANSACTIONS
2,457
11%
4000
3500
3000
2,719
2500
2000
1500
1000
500
0
Th...
DECEMBER 2013
83
DECEMBER 2012
DAYS ON THE MARKET
93
11%
100
90
80
70
60
50
40
30
20
10
0
83
The average Days on t...
DECEMBER 2013
4.4
DECEMBER 2012
7.3
MONTHS SUPPLY OF
INVENTORY
40%
8.0
7.0
6.0
5.0
4.0
4.4
3.0
2.0
1.0
0.0
The ...
Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided b...
of 6

Nashville Market Trend Report December 2013

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 Market Trend Report December 2013

  • 1. NASHVILLE MLS DECEMBER 2013
  • 2. DECEMBER 2013 $170,000 DECEMBER 2012 MEDIAN SALES PRICE $167,500 $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 1% $170,000 The Median Price for all homes sold in December was $170,000, which is 1% higher than the median price in November and 1% higher than the price in December 2012. NASHVILLE MLS DECEMBER 2013
  • 3. DECEMBER 2013 2,719 DECEMBER 2012 CLOSED TRANSACTIONS 2,457 11% 4000 3500 3000 2,719 2500 2000 1500 1000 500 0 The Market Trend Report for December showed a 3% increase in the number of Closed Transactions over November and a 11% increase over sales in December 2012. NASHVILLE MLS DECEMBER 2013
  • 4. DECEMBER 2013 83 DECEMBER 2012 DAYS ON THE MARKET 93 11% 100 90 80 70 60 50 40 30 20 10 0 83 The average Days on the Market for all homes sold in December was 83. This is 4 days more than the average in November and 10 days less than the average in December 2012. NASHVILLE MLS DECEMBER 2013
  • 5. DECEMBER 2013 4.4 DECEMBER 2012 7.3 MONTHS SUPPLY OF INVENTORY 40% 8.0 7.0 6.0 5.0 4.0 4.4 3.0 2.0 1.0 0.0 The number of Months Supply of Inventory at the end of December was 4.4 which is a 0% change over November and a 40% decrease from December 2012. NASHVILLE MLS DECEMBER 2013
  • 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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