Base Nashville Real Estate Market Stats

March 2021

It’s FINALLY beginning to feel like Spring!

Before we get into the numbers, the neighborhood yard sale is coming up on 4/24 (and signups end on 4/19) so be sure to sign up if you are interested in either hosting a yard sale OR receiving a map.

On to the numbers! For the month of March, our combined neighborhoods of McFerrin Park, Cleveland Park, and Highland Heights had 17 closed properties. Even though we have limited inventory, this represents an increase over last month (but only by one closing)

Our median list price and sales price per foot checked in at an impressive $251.

Median Days on market was 3, and the median contract to close was a brief 32 days.

There are currently 6 (SIX) active homes available for purchase.  That’s HALF as many as this same time last month. There are 64 pending homes.

Our average sales price checked in at $446,906, so call me if you’re thinking about listing, I’d be happy to take a look and see what your home may be worth.

There is a national shortage of homes for sale.  If you are considering a move, now is the time and I would be happy to help you make a plan!