NASHVILLE MLS
NOVEMBER 2013
NOVEMBER 2013
$169,000
NOVEMBER 2012
MEDIAN SALES PRICE
$163,800
$200,000
$180,000
$160,000
$140,000
$120,000
$100,00...
NOVEMBER 2013
2,643
NOVEMBER 2012
CLOSED TRANSACTIONS
2,423
9%
4000
3500
3000
2,643
2500
2000
1500
1000
500
0
The...
NOVEMBER 2013
79
NOVEMBER 2012
DAYS ON THE MARKET
91
13%
100
90
80
70
60
50
40
30
20
10
0
79
The average Days on t...
NOVEMBER 2013
4.4
NOVEMBER 2012
7.2
MONTHS SUPPLY OF
INVENTORY
39%
8.0
7.0
6.0
5.0
4.0
4.4
3.0
2.0
1.0
0.0
The n...
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 November 2013 Market Trend

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


Transcripts - Nashville MLS November 2013 Market Trend

  • 1. NASHVILLE MLS NOVEMBER 2013
  • 2. NOVEMBER 2013 $169,000 NOVEMBER 2012 MEDIAN SALES PRICE $163,800 $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 3% $169,000 The Median Price for all homes sold in November was $169,000, which is 2% lower than the median sales price from October and 3% higher than the price in November 2012. NASHVILLE MLS NOVEMBER 2013
  • 3. NOVEMBER 2013 2,643 NOVEMBER 2012 CLOSED TRANSACTIONS 2,423 9% 4000 3500 3000 2,643 2500 2000 1500 1000 500 0 The Market Trend Report for November showed a 5% decrease in the number of Closed Transactions over October and a 9% increase over sales in November 2012. NASHVILLE MLS NOVEMBER 2013
  • 4. NOVEMBER 2013 79 NOVEMBER 2012 DAYS ON THE MARKET 91 13% 100 90 80 70 60 50 40 30 20 10 0 79 The average Days on the Market for all homes sold in November was 79. This is 5 days less than the average in October and 12 days less than the average in November 2012. NASHVILLE MLS NOVEMBER 2013
  • 5. NOVEMBER 2013 4.4 NOVEMBER 2012 7.2 MONTHS SUPPLY OF INVENTORY 39% 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 November was 4.4 which is a 2% increase over October and a 39% decrease from November 2012. NASHVILLE MLS NOVEMBER 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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