Last month’s 3,061 total area closings marked a 22.4 percent increase compared to 2,500 in May of 2012. Credit Diana Parkhouse / flickr
More than three thousand homes were sold in the Nashville area in May. It was the most closings in nearly six years. The head of the Greater Nashville Association of Realtors calls it a “major milestone” for the region.
The median price for a house ticked up about 9 percent since May of last year, to $195 thousand. Even so, not everyone is putting their house on the market, so there’s actually fewer for sale than last year.
Caroline Cameron says she spent spring looking for her first house, and the competition only seemed to get more fierce. So when she saw an old two-bedroom she liked in Hermitage, she had to pounce with an offer.
“They were having two to four showings a day, so I didn’t know if they would accept it or not… It was pretty nerve-wracking, honestly.”
One other challenge: when it came time to close the deal, Cameron says it was tough getting ahold of her agent, because she was so slammed with other clients.
On Air - 90.3 WPLN-FM