It’s a great time to sell! Here is your housing market update for last month.
Housing Market Update for May 2020
| US Housing Stats | Nashville TN Housing Stats |
| Median Sale Price +6.3% New Listings -1% Homes for Sale 14% Months Supply 4.1 Price Per Sq Ft +5.1% | Median Sale Price +6.4% New Listings -11% Homes for Sale -6.6% Months Supply 3.5 Price Per Sq Ft +5.5% |
Due to Covid 19 and the tornado that hit Tennessee last month the housing supply is especially low this month. In spite of the pandemic the median sale price and price per square foot continue to rise for Nashville and the surrounding area.
If you’ve been thinking of selling – now is a great time! Price per square foot and median sale price are up. As a seller you will get a great market price for your home. As a buyer you will save money in the long run because of the low interest rates that are available right now for mortgage loans.
Schedule your appointment today so we can get you positioned for the best sale price and shortest time on market. Our specialist will review your property to get it ready to sell on your time frame.
