Greater Nashville Association of Realtors Reports October 2009 Home Sales Up by 22.7% Over October 2008!

Greater Nashville Association of Realtors Reports October 2009 Home Sales Up by 22.7% Over October 2008!

It’s true!  Good news in the greater Nashville, Tennessee area for Home Sales!  There were 2145 home sales in the month of October 2009, which is up 22.7% from the 1748 in October 2008.

We are, however, still down 18.4% from last year overall.  The median price for a single family residence in October was $160,000, down from $170,000 in October of 2008.  The median price for a condominium in October was $144,000 compared with last year’s price at $152,500. 

Another spot of good news is that the greater Nashville area is in a much more “balanced” range of inventory now at only an 8 month supply.

Let’s keep that good news rolling in!

Here’s the full report put out today by the Greater Nashville Association of Realtors…

______________________________________________________________________________________

If you are interested in finding a home in Green Hills, Downtown, 12th South, or Oak Hill area of Nashville, or would like to look at other real estate for sale in the Middle Tennessee area, please search the MLS HERE.  Please note:  You will have to register with my site to be able to search the MLS.  I will contact you initially and all requests thereafter for privacy will be respected.

Looking to move?  Wanting to Invest?  Need help as a First Time Buyer?  Please feel free to call me, Emily Lowe (yes, I’m a Realtor, with The Lipman Group Sotheby’s International Realty) at 615.509.1753