26 Jan 2012

December 2011 Tennessee Real Estate Trend Data from Realtor.com

December 2011 real estate search results are in and Nashville, TN was the #50 most searched market in the country in December 2011, based on data released today by Realtor.com.

 

Median list prices for homes in Nashville, TN hit $185,000 in December 2011, a 2.83% increase from one year ago this month, and -2.12% decrease from November 2011.  The national median list price in December 2011 was $188,000, a 5.03% increase compared to December 2010.

 

Active for sale inventory of homes in Nashville, TN in December 2011 leveled out at 10,444, a -19.52% decrease compared to December 2010. National inventory counts for December 2011 were 1,893,528, a -22.29% decrease as compared to a year ago. 

 

The median age of inventory in Nashville, TN in December was 99 days, a 6.45% increase compared to November 2011.  Nationally, the median age of inventory was 122 days, a 7.02% increase compared to November.

 

For details on all 146 MSAs monitored by Realtor.com in December 2011, click here:

http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx