Nashville Housing Inventory Hits Record Low

“Nashville continues to hold its rank as No. 1 for fastest-selling homes in the U.S. The average Nashville home now sells in 12 days, 40% faster than one year ago.

“It’s becoming clear we are shielded from what’s going on in terms of the cycle of real estate in other parts of the country and it’s a positive thing, but it’s not helping inventory that’s for sure,” said Jeff Checko. “There are people that don’t want growth, they want things to stay the way they were – you’re in the wrong city for that.”

Nashville’s median home-sale price also fell slightly in November after a record-setting October when it surpassed the $400k mark for the first time at $405,000. The current median home sale price in Nashville is $399,900.”


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