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Nashville TN Bellevue area Home Sales Statistics – 2013 end of year Market Report

Nashville TN Bellevue area Home Sales Statistics – 2013 end of year Market Report

Nashville TN and Bellevue area home sales have increased this year in both volume and median price!  When considering single family home sales between January and November, the median sale price is up 6.0% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 5 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Similarly, the sales volume for 2013 has surpassed the volume of 2007.  Also, the median Days on Market has dropped and homes are selling faster than they have in 5 years!

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Please note that real estate market conditions vary based on the specific location, condition and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  Everyone wants to get a good deal on the home they purchase.  Please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy!  Visit my Real Estate Statistics Page at www.TiffanyWhite.com to see market reports for other Middle TN cities.

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The charts were created based on closed homes sales in MLS.  Below are the detailed yearly numbers from the Greater Nashville MLS.  Feel free to contact me if you have questions about this information.

Year 2006    671 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 603 0 1 $95,000 $86,000 0
AVG 2,490 3.44 2.23 $274,738 $272,354 46
MEDIAN 2,413 3 2 $248,728 $248,000 40
MAX 7,322 7 6 $1,195,900 $991,000 371
             
Year 2007    524 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 888 0 1 $95,000 $97,000 0
AVG 2,470 3.51 2.21 $294,589 $290,273 58
MEDIAN 2,326 3 2 $252,450 $250,000 51
MAX 7,622 44 4 $1,485,000 $1,350,000 537
             
Year 2008    386 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,000 1 1 $99,000 $90,000 0
AVG 2,405 3.38 2.2 $275,758 $267,190 77
MEDIAN 2,273 3 2 $244,325 $237,250 65
MAX 7,775 6 6 $999,000 $900,000 410
             
Year 2009    409 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,116 0 1 $109,900 $96,000 0
AVG 2,432 3.32 2.19 $267,891 $257,726 78
MEDIAN 2,340 3 2 $230,000 $225,000 68
MAX 9,637 6 5 $3,500,000 $2,900,000 594
             
Year 2010    343 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 875 1 1 $59,900 $50,000 0
AVG 2,423 3.48 2.19 $241,951 $234,153 83
MEDIAN 2,376 3 2 $223,690 $219,900 72
MAX 6,055 6 5 $875,000 $800,000 463
             
Year 2011    385 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,034 0 0 $40,000 $40,000 0
AVG 2,500 3.45 2.23 $253,326 $243,123 89
MEDIAN 2,384 3 2 $219,900 $213,500 76
MAX 12,060 7 9 $2,997,500 $2,725,000 467
             
Year 2012    448 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,094 0 0 $32,000 $16,000 0
AVG 2,552 3.47 2.26 $255,718 $247,751 89
MEDIAN 2,418 3 2 $229,900 $226,250 72
MAX 8,161 7 4 $1,299,900 $1,250,000 438
             
Year 2013    540 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 815 0 0 $38,000 $38,000 0
AVG 2,527 3.37 2.18 $274,241 $267,841 61
MEDIAN 2,360 3 2 $244,900 $239,900 52
MAX 7,185 6 6 $1,399,999 $1,350,000 588
Comment balloon 0 commentsTiffany White • December 22 2013 12:51PM

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