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Nashville TN Madison and Old Hickory area 2013 Home Sales Statistics

Nashville TN Madison and Old Hickory area Home Sales Statistics – 2013 Market Report

Nashville TN Madison and Old Hickory 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 10.7% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 3 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    973 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 2 1 0 $37,000 $34,000 0
AVG 1,726 3.08 1.83 $162,823 $160,677 57
MEDIAN 1,493 3 2 $139,900 $138,900 49
MAX 11,000 9 20 $1,395,000 $1,395,000 331
             
Year 2007    844 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 640 0 1 $39,999 $35,500 0
AVG 1,739 3.07 1.8 $168,654 $165,061 62
MEDIAN 1,547 3 2 $139,995 $140,000 52
MAX 9,712 6 6 $1,595,000 $1,100,000 363
             
Year 2008    612 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 672 1 1 $19,900 $26,500 0
AVG 1,680 3.04 1.76 $154,040 $150,049 78
MEDIAN 1,463 3 2 $137,900 $136,492 69
MAX 9,249 6 6 $1,875,000 $1,825,000 377
             
Year 2009    492 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 672 0 1 $11,500 $11,500 0
AVG 1,706 3.08 1.79 $147,384 $142,041 86
MEDIAN 1,472 3 2 $129,900 $126,000 73
MAX 6,785 9 6 $895,000 $790,400 340
             
Year 2010    473 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 642 1 0 $12,900 $8,000 0
AVG 1,637 3.05 1.75 $132,752 $125,741 89
MEDIAN 1,432 3 2 $119,900 $118,000 71
MAX 8,154 6 7 $1,475,000 $1,250,000 869
             
Year 2011    450 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 670 0 0 $14,400 $11,400 0
AVG 1,716 3.07 1.76 $130,869 $124,061 101
MEDIAN 1,463 3 2 $114,900 $108,425 82
MAX 12,050 9 5 $2,050,000 $1,975,000 564
             
Year 2012    563 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 680 0 0 $13,900 $2,000 0
AVG 1,762 3.1 1.81 $139,176 $133,449 92
MEDIAN 1,517 3 2 $115,900 $112,500 70
MAX 7,545 6 5 $1,699,999 $1,460,000 831
             
Year 2013    679 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 560 0 0 $9,900 $9,900 0
AVG 1,826 3.09 1.87 $152,202 $146,873 78
MEDIAN 1,590 3 2 $128,900 $124,500 59
MAX 9,937 10 5 $1,349,900 $1,295,000 798

Comment balloon 0 commentsTiffany White • December 22 2013 04:36PM

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