JUNE 2014NASHVILLE MLS
MEDIAN SALES PRICE
NASHVILLE MLS
The Median Price for all homes sold in June was $195,000, which is 8% higher than
the med...
CLOSED TRANSACTIONS
NASHVILLE MLS
The Market Trend Report for June showed an 8% increase in the number of Closed
Transacti...
DAYS ON THE MARKET
NASHVILLE MLS
The average Days on the Market for all homes sold in June was 75. This is 6 days
less tha...
MONTHS SUPPLY OF
INVENTORY
NASHVILLE MLS
The number of Months Supply of Inventory at the end of June was 2.7 which is a 4%...
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 MLS June 2014 Market Trends

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


Transcripts - Nashville MLS June 2014 Market Trends

  • 1. JUNE 2014NASHVILLE MLS
  • 2. MEDIAN SALES PRICE NASHVILLE MLS The Median Price for all homes sold in June was $195,000, which is 8% higher than the median price in May and 6% higher than the price in June 2013. JUNE 2014 JUNE 2013 $195,000 $184,000 6% JUNE 2014 $195,000 $140,000 $150,000 $160,000 $170,000 $180,000 $190,000 $200,000
  • 3. CLOSED TRANSACTIONS NASHVILLE MLS The Market Trend Report for June showed an 8% increase in the number of Closed Transactions over May and a 9% increase over sales in June 2013. 3,625 3,315 9% JUNE 2014 JUNE 2013 JUNE 2014 3,625 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 June was 75. This is 6 days less than the average in May and 7 days less than the average in June 2013. 9% 75 82 JUNE 2014 JUNE 2013 JUNE 2014 75 65 70 75 80 85 90 95
  • 5. MONTHS SUPPLY OF INVENTORY NASHVILLE MLS The number of Months Supply of Inventory at the end of June was 2.7 which is a 4% decrease from May and an 18% decrease from June 2013. 2.7 3.3 18% JUNE 2014 JUNE 2013 JUNE 2014 2.7 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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