NASHVILLE MLS AUGUST 2014
MEDIAN SALES PRICE
AUGUST 2014
AUGUST 2013
$190,950
$174,000
$190,950
$200,000
$190,000
$180,000
$170,000
$160,0...
CLOSED TRANSACTIONS
3,529
3,412
4000
3500
3000
2500
2000
1500
1000
500
The Market Trend Report for August showe...
DAYS ON THE MARKET
73
The average Days on the Market for all homes sold in August was 73. This is 1 day
less than the a...
MONTHS SUPPLY OF
INVENTORY
2.9
3.7
2.9
5.0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
The number of Months Supply ...
Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided...
of 6

Nashville MLS August 2014 Market Trends

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Published on: Mar 3, 2016
Published in: Real Estate      
Source: www.slideshare.net


Transcripts - Nashville MLS August 2014 Market Trends

  • 1. NASHVILLE MLS AUGUST 2014
  • 2. MEDIAN SALES PRICE AUGUST 2014 AUGUST 2013 $190,950 $174,000 $190,950 $200,000 $190,000 $180,000 $170,000 $160,000 $150,000 The Median Price for all homes sold in August was $190,950, which is 2% lower than the median price in July and 10% higher than the price in August 2013. NASHVILLE MLS 10% AUGUST 2014 $140,000
  • 3. CLOSED TRANSACTIONS 3,529 3,412 4000 3500 3000 2500 2000 1500 1000 500 The Market Trend Report for August showed a 3% decrease in the number of Closed Transactions over July and a 3% increase over sales in August 2013. NASHVILLE MLS 3% AUGUST 2014 AUGUST 2013 3,529 AUGUST 2014 0
  • 4. DAYS ON THE MARKET 73 The average Days on the Market for all homes sold in August was 73. This is 1 day less than the average in July and 4 days less than the average in August 2013. 100 90 80 70 60 50 40 30 20 10 NASHVILLE MLS 5% 73 77 AUGUST 2014 AUGUST 2013 AUGUST 2014 0
  • 5. MONTHS SUPPLY OF INVENTORY 2.9 3.7 2.9 5.0 4.5 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 The number of Months Supply of Inventory at the end of August was 2.9 which is 7% higher than July and a 22% decrease over August 2013. NASHVILLE MLS 22% AUGUST 2014 AUGUST 2013 AUGUST 2014 0.0
  • 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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