Southwest Nashville Real Estate Market Conditions & Reports, Southwest Nashville Market Trends, Tennessee

Market Commentary Provided by Mary G. Barbee

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Mary G. Barbee
Fridrich and Clark Realty, LLC
Nashville, Tennessee
615-405-1465
mary@marybarbee.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$400,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 10-15%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Southwest Nashville is

Seller Activity for the past 90 days in Southwest Nashville is

Is Financing Available For Qualified Buyers in Southwest Nashville?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Pricing under the 700,000 range appear to be stable. Homes in the upper tier seem to be on the market longer with more competition for buyers

Reason to Buy/Sell

Job Growth

Average Sold Price

$400,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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