NASHVILLE MLS
SEPTEMBER 2013
SEPTEMBER 2013
$172,000
SEPTEMBER 2012
MEDIAN SALES PRICE
$160,000
$200,000
$180,000
$160,000
$140,000
$120,000
$100,...
2013
SEPTEMBER 2013
2,932
MAY 2012
SEPTEMBER 2012
CLOSED TRANSACTIONS
2,536
16%
4000
3500
3000
2,932
2500
2000
150...
SEPTEMBER 2013
80
SEPTEMBER 2012
DAYS ON THE MARKET
88
9%
100
90
80
70
60
50
40
30
20
10
0
80
The average Days on ...
SEPTEMBER 2013
3.9
SEPTEMBER 2012
7.2
MONTHS SUPPLY OF
INVENTORY
46%
8.0
7.0
6.0
5.0
4.0
3.9
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 September 2013 Market Trends

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      Technology      
Source: www.slideshare.net


Transcripts - Nashville MLS September 2013 Market Trends

  • 1. NASHVILLE MLS SEPTEMBER 2013
  • 2. SEPTEMBER 2013 $172,000 SEPTEMBER 2012 MEDIAN SALES PRICE $160,000 $200,000 $180,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 $0 8% $172,000 The Median Price for all homes sold in September was $172,000, which is 1% lower than the median price in August and 8% higher than the price in September 2012. NASHVILLE MLS SEPTEMBER 2013
  • 3. 2013 SEPTEMBER 2013 2,932 MAY 2012 SEPTEMBER 2012 CLOSED TRANSACTIONS 2,536 16% 4000 3500 3000 2,932 2500 2000 1500 1000 500 0 The Market Trend Report for September showed a 14% decrease in the number of Closed Transactions over August and a 16% increase over sales in September 2012. NASHVILLE MLS SEPTEMBER 2013
  • 4. SEPTEMBER 2013 80 SEPTEMBER 2012 DAYS ON THE MARKET 88 9% 100 90 80 70 60 50 40 30 20 10 0 80 The average Days on the Market for all homes sold in September was 80. This is 3 days more than the average in August and 8 days less than the average in September 2012. NASHVILLE MLS SEPTEMBER 2013
  • 5. SEPTEMBER 2013 3.9 SEPTEMBER 2012 7.2 MONTHS SUPPLY OF INVENTORY 46% 8.0 7.0 6.0 5.0 4.0 3.9 3.0 2.0 1.0 0.0 The number of Months Supply of Inventory at the end of September was 3.9 which is a 5% increase over August and a 46% decrease from September 2012. NASHVILLE MLS SEPTEMBER 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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