Tennessee Real Estate Data -- June 2011
June 2011 real estate search results are in and Nashville, TN was the #53 most searched market in the country in June 2011, based on data released today by Realtor.com, the #1 homes for sale real estate web site.
Median list prices for homes in Nashville, TN hit $189,900 in June 2011, a -0.05% decrease from one year ago this month, and 0.00% increase from May 2011. The national median list price in June 2011 was $189,900, a -0.05% decrease compared to June 2010.
Active for sale inventory of homes in Nashville, TN in June 2011 leveled out at 13,317, a -18.53% decrease compared to June 2010. National inventory counts for June 2011 were 2,339,395, a -15.78% decrease as compared to a year ago.
The median age of inventory in Nashville, TN in June was 79 days, a 5.33% increase compared to May 2011. Nationally, the median age of inventory was 93 days, 1.09% increase compared to May.
For details on all 146 MSAs monitored by Realtor.com in June 2011, click here:
http://www.realtor.com/data-portal/Real-Estate-Statistics.aspx
Each month, Realtor.com surveys up to 250 Metro Service Areas (MSA) throughout the nation and monitors real estate trends including consumer search behavior, median list prices on for sale homes, active inventory counts and median age of inventory. The information is released to local markets to help consumers and real estate professionals as they work together to successfully navigate their local market.
According to Realtor.com, the top 10 most searched real estate markets, identified as MSAs, in the United States in June 2011 include:
Chicago, IL 1st
Las Vegas, NV 2nd
Detroit, MI 3rd
Los Angeles-Long Beach, CA 4th
Phoenix-Mesa, AZ 5th
Philadelphia, PA 6th
Tampa-St. Petersburg-Clearwater, FL 7th
Atlanta, GA 8th
Dallas, TX 9th
Riverside-San Bernardino, CA 10th
In addition, the top most searched real estate markets in Tennessee in June 2011, and the national searched rank included:
Nashville, TN #53
Knoxville, TN #66
Memphis, TN #84
Chattanooga, TN #115
