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5 Takeaways From Nashville’s Best Year For Home Sales Since 2006

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Home sales for August were roughly on par with the rate of closings in 2006
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Nashville ended up having its biggest year for home sales in nearly a decade — up nearly 11 percent from 2014.

Here are the highlights from the Greater Nashville Association of Realtors:

  1. There were nearly 37,000 closings, which is not quite as many as 2005 and 2006, but nearly double the low point in 2010, when only 20,000 properties sold.
  2. Median prices in December hit an all-time high of $242,945. Before 2015, the highest mark had been $222,000. And typically, prices follow the same seasonal trends of closings, so it’s rare to reach a high point in December.
  3. Williamson County — far and away — leads the region in median price, at $410,000, but other counties have seen
    far more growth in recent months.
  4. One of the few numbers to backtrack in recent months is a decline in condo sales for Wilson Co.
  5. Pending sales are also at their highest point in a decade, so the pace is expected to continue into 2016.

Filed Under: Business, WPLN News Tagged With:

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Blake Farmer, Host, This Is Nashville

Blake Farmer is the host of “This Is Nashville,” the flagship weekday show of Nashville Public Radio. Previously, Blake spent 16 years at WPLN News, serving as host, editor and news director. Before a two-year radio hiatus with a Nashville-based healthcare company, Blake was one of the country’s most prolific healthcare audio journalists. He produced stories for both local and national programs, extending the reach of his reporting through a partnership with KFF Health News. Outside of work, Blake can be found running or biking on roads that other Nashvillians consider too busy for such activities. So far, he has always made it home to his wife of 20 years and two children.

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