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Base Nashville Real Estate Market Stats

May 2022

Hello Neighbors!
Last month was an active month for the real estate market in our combined neighborhoods of McFerrin Park, Cleveland Park, and Highland Heights.
For the month of May, we had a total of 10 properties close for an average sales price of $589,300. The median list price per foot checked in at 371, and the median sales price per foot was 383. The median days on market was 2, with the contract to close period lasting 28 days. There are currently 27 active properties in our neighborhoods with 29 pending properties.
Depending on how closely you follow these numbers, you may see a HUGE decrease in closed properties compared to this same month last year (a 140% decrease). Still, we are in a very healthy market for sellers considering the inventory shortage (-131% from last year) and sales price increase (26% increase over the previous year).
If you have any questions about your home value or purchasing a home in our area – please reach out. See you next month!
-Nick Irwin • 615-418-0563 •

Total Properties Sold


Median List Price Per Square Foot


Median Sales Price Per Square Foot


Median Days on Market


I have several listings that are not yet on the MLS in our neighborhood. If you are looking to make a move OR if you want the chance to choose your neighbor – call me!


The housing market is changing. If you have been considering selling your home but aren’t sure what it is worth in today’s market, click here and get a free personalized report on the current market value of your home.


Nick Irwin Broker