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Nashville TN Donelson and Hermitage area 2013 Home Sales Report

Nashville TN Donelson and Hermitage area 2013 Home Sales Report

Nashville TN Donelson and Hermitage 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 8.4% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 4 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 2008.  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    1,230 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 712 0 0 $49,500 $45,000 0
AVG 1,775 3.11 1.87 $164,436 $162,720 49
MEDIAN 1,667 3 2 $149,900 $149,000 44
MAX 4,320 6 4 $695,000 $640,000 360
             
Year 2007    970 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 792 0 0 $45,900 $1 0
AVG 1,788 3.11 1.89 $172,899 $170,675 57
MEDIAN 1,634 3 2 $152,625 $151,250 49
MAX 7,800 8 5 $740,000 $740,000 396
             
Year 2008    746 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 792 0 0 $44,900 $44,125 0
AVG 1,776 3.08 1.88 $169,101 $165,542 70
MEDIAN 1,620 3 2 $152,950 $152,000 59
MAX 4,730 6 4 $599,900 $561,900 467
             
Year 2009    663 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 624 1 1 $24,000 $15,000 0
AVG 1,717 3.04 1.86 $151,157 $146,255 79
MEDIAN 1,579 3 2 $141,900 $139,500 67
MAX 6,634 6 6 $669,500 $660,000 337
             
Year 2010    606 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 751 1 1 $12,622 $17,500 0
AVG 1,822 3.13 1.86 $158,358 $154,085 81
MEDIAN 1,670 3 2 $148,700 $145,000 69
MAX 7,282 7 7 $394,355 $400,000 549
             
Year 2011    583 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 788 0 0 $29,500 $15,000 0
AVG 1,781 3.12 1.89 $141,831 $136,288 91
MEDIAN 1,659 3 2 $135,000 $131,000 78
MAX 6,200 6 4 $995,000 $900,000 532
             
Year 2012    815 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 779 0 0 $24,454 $29,000 0
AVG 1,840 3.11 1.87 $149,956 $146,127 79
MEDIAN 1,728 3 2 $139,900 $137,500 67
MAX 7,282 7 4 $699,000 $640,000 805
             
Year 2013    887 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 775 0 1 $25,000 $30,000 0
AVG 1,811 3.1 1.85 $161,445 $158,108 64
MEDIAN 1,706 3 2 $149,900 $149,000 53
MAX 5,902 6 4 $649,000 $625,000 705
Comment balloon 0 commentsTiffany White • December 22 2013 03:28PM

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