Nashville Market Report Q1 & Q2 2020

GREATER NASHVI LLE INS IGHTS Despite “Safer-at-Home” being in effect 6 of 14 (43%) weeks of Q2, Greater Nashville Market held strong and saw growth:

8% 17%

9

More New Listings

Increase of Homes Sold

DOM

$275k–$287k

Median Price Sold Increased

670,820

DATE

1/20

2/20

3/20

Q1

4/20

2/20

3/20

Q2

% CHANGE

NEW LISTING

6, 505

6, 033

6,987

1 9, 525

6, 287

7, 246

7, 656

21 ,189

8 . 52%

SOLD

3, 415

3, 635

4 , 504

1 1 , 554

4 , 002

4 , 31 9

5 , 206

13, 527

17.08%

Nashville Population *U.S. Census Bureau, July 2019

AVG DAYS ON MARKET

64

63

62

63

59

57

56

57.33

-8 .99%

MEDIAN SOLD PRICE

269

275

280

274.67

282

285

293

286.67

4.37%

17

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