Informative Links

Welcome to your valued source for home buying and home selling in Middle Tennessee. This page provides you detailed resources to assist you through the residential real estate process -- and also numerous links to help you discover Greater Nashville  -  Live!  Work!  Play!
SEARCH PROPERTIES

houselogic for Buyers

Buyers: How to Be a Savvy Open House Guest

MLS Areas

EFFECTIVE February 2020 - RealTracs MLS Listing Service will no longer classify Areas in Middle Tennessee.  Search criteria will focus on counties, zip codes, neighborhoods and custom mapping The following links are offered to you as a helpful guide to the Middle Tennessee counties, cities, positions, and livable zip codes.

Middle TN Areas / Zip Codes Details
Middle TN MLS Counties Map
Davidson County Zip Code Map
Rutherford County Zip Code Map

Crime Information

Newsletters

January 2020  Creating Storage in the Home
February 2020  The Importance of an Appealing Front Door
March 2020  Prepping the Closets
April 2020  Exterior Garage Ideas


Vendor List

Vendor List
Utilities List

The Vendor List is provided as a guide, and not guaranteed, information gathered is based on first-hand experience, trusted referrals and sources.  In general, it is recommended to receive three (3) quotes during vendor selection.  Your feedback is greatly appreciated to maintain an accurate valued reputational Vendor List.

Market Conditions

Understanding the Market | Greater Nashville

Home Sales Increase Again for February
Greater Nashville REALTORS®; Press Release | March 9, 2020

NASHVILLE, Tenn. (March 9, 2020) – There were 2,798 home closings reported for the month of February, according to figures provided by Greater Nashville Realtors®. This figure is up 10 percent from the 2,536 closings this time last year.

"Our housing market continues to stay on a steady ascent going forward compared to 2019," said Kristy Hairston, Greater Nashville Realtors® president. "Median home sale prices also continue to rise, which is on trend with other markets across the nation."

There were 3,504 sales pending at the end of February, compared to 2,974 pending sales at this time last year. The average number of days on the market for a single-family home was 39 days.

The median price for a residential single-family home was $320,000 and for a condominium it was $234,990. This compares with last year’s median residential and condominium prices of $294,486 and $214,900 respectively.

Inventory at the end of February was 9,093, down from 10,745 in February 2019.

“With the recent tornadoes that shook our great city damaging homes and businesses, many people will have to make the decision to either renovate or sell their property as is. We encourage consumers to do their due diligence and contact a Realtor to help them choose which path is the right option for them. If someone offers to buy your home, a Realtor® can ensure you are getting accurate information of current market conditions for your property," added Hairston.

Source:  Greater Nashville REALTORS®, Press Release 03092020

### About Us: Greater Nashville REALTORS® is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville-area property owners. REALTOR® is a registered trademark that may be used only by real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict code of ethics. ###

INFORMATION RESOURCE In The News Blog Post

INFORMATION RESOURCE In The News Blog Post

INFORMATION RESOURCE In The News Blog Post

INFORMATION RESOURCE In The News Blog Post

INFORMATION RESOURCE In The News Blog Post
Understanding the Market | National Overview

Number of Homes for Sale Dropped, Prices Have Risen
realtor.com | April 3, 2020

The number of homes for sale declined 15.7% annually in March, a housing report released Thursday by realtor.com® shows. However, the national median listing price was up 3.8% to $320,000 last month, and homes spent fewer days on the market in March as the pandemic prompted mass restrictions to be put in place across the country to try to stop the spread.

Price growth did show some deceleration during the weeks ending March 21 and March 28 compared to the first two weeks of the month, realtor.com® notes. The U.S. listing price over those last weeks increased at a slower clip of 3.3% and 2.5% annually, which is the slowest pace of growth in realtor.com®’s records, dating back to 2013.

Prior to the pandemic, the nation was already facing tight inventories of homes for sale. In February, the number of homes on the market had dropped 15.3% annually. However, the weeks ending March 21 and 28, respectively, saw inventories decline at a slightly slower pace of 15.2% each on a year-over-year basis, realtor.com® reports.

Homes sold a median of 60 days in March across the U.S.—four days faster than a year ago, realtor.com® reports.

"The U.S. housing market had a good start to the year,” says Danielle Hale, realtor.com®’s chief economist. “Despite still-limited homes for sale, buyers were buying and builders were building. The pandemic and virus-fighting measures appear to be disrupting that initial momentum as both buyers and sellers adopt a more cautious posture."

Inventory declines in March were most pronounced in metros like Phoenix-Mesa-Scottsdale, Ariz. (down 42.2%); Milwaukee-Waukesha-West Allis, Wis. (down 36.2%); San Diego-Carlsbad, Calif. (down 33.4%). The only metro realtor.com® tracked that saw inventory increase annually in March was Minneapolis-St. Paul-Bloomington, Minn.-Wis., up 3.6% from a year ago.

“Consistent with the first two months of 2020, March saw homes selling more quickly than last year as an early home buying season began in the U.S.,” realtor.com® reports. Properties sold the most quickly in March—a median of 29 days or less--in San Jose-Sunnyvale-Santa Clara, Calif.; Denver-Aurora-Lakewood, Colo.; and Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va.

Of the 50 largest metros tracked, realtor.com® reported that 45 markets continued to post year-over-year gains in median list prices. The highest annual gains were recorded in Pittsburgh (up 17.9% annually); Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md. (up 14%); and Memphis, Tenn.-Miss.-Ark. (up 12.7%).

INFORMATION RESOURCE In The News Blog Post

INFORMATION RESOURCE In The News Blog Post

INFORMATION RESOURCE In The News Blog Post

INFORMATION RESOURCE In The News Blog Post