BUSINESSWSMV4 NASHVILLE
Nashville homes selling faster than last year as market gains momentum, report says
Nashville home sales increased 5.6% year-over-year in May, with homes selling an average of 35 days, two days faster than the previous year. Active listings rose over 6%, and the average home price is $480,000. Debra Beagle of REMAX noted a healthier balance between buyers and sellers, creating opportunities for both.
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Adjacent reporting
- US home sales surge to the fastest pace this year despite rising mortgage rates and prices
- US home sales surge to the fastest pace this year despite rising mortgage rates and prices
- US New-Home Sales Increased in March to Fastest Pace of Year
- U.S. existing home sales surged in May to their highest level since December