NASHVILLE MLS
JANUARY 2014
JANUARY 2014
$162,960
JANUARY 2013
MEDIAN SALES PRICE
$152,975
$200,000
$180,000
$160,000
$140,000
$120,000
$100,000
...
JANUARY 2014
2,095
JANUARY 2013
CLOSED TRANSACTIONS
1,828
15%
4000
3500
3000
2500
2,095
2000
1500
1000
500
0
The ...
JANUARY 2014
83
JANUARY 2013
DAYS ON THE MARKET
90
8%
100
90
80
70
60
50
40
30
20
10
0
83
The average Days on the ...
JANUARY 2014
3.8
JANUARY 2013
6.9
MONTHS SUPPLY OF
INVENTORY
45%
8.0
7.0
6.0
5.0
4.0
3.8
3.0
2.0
1.0
0.0
The numbe...
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 January 2014

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      
Source: www.slideshare.net


Transcripts - Nashville Market Trend Report January 2014

  • 1. NASHVILLE MLS JANUARY 2014
  • 2. JANUARY 2014 $162,960 JANUARY 2013 MEDIAN SALES PRICE $152,975 $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 7% $162,960 The Median Price for all homes sold in January was $162,960, which is 4% lower from the median price in December and 7% higher than the price in January 2013. NASHVILLE MLS JANUARY 2014
  • 3. JANUARY 2014 2,095 JANUARY 2013 CLOSED TRANSACTIONS 1,828 15% 4000 3500 3000 2500 2,095 2000 1500 1000 500 0 The Market Trend Report for January showed a 23% decrease in the number of Closed Transactions over December and a 15% increase over sales in January 2013. NASHVILLE MLS JANUARY 2014
  • 4. JANUARY 2014 83 JANUARY 2013 DAYS ON THE MARKET 90 8% 100 90 80 70 60 50 40 30 20 10 0 83 The average Days on the Market for all homes sold in January was 83. This is no change from the average in December and 7 days less than the average in January 2013. NASHVILLE MLS JANUARY 2014
  • 5. JANUARY 2014 3.8 JANUARY 2013 6.9 MONTHS SUPPLY OF INVENTORY 45% 8.0 7.0 6.0 5.0 4.0 3.8 3.0 2.0 1.0 0.0 The number of Months Supply of Inventory at the end of January was 3.8 which is a 14% decrease over December and a 45% decrease from January 2013. NASHVILLE MLS JANUARY 2014
  • 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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