Housing Market Sees First Increase in 3 Months

From Greater Nashville Realtors:

“For the first time in three months, the market shows strong signs of stabilizing,” said Kristy Hairston, Greater Nashville Realtors president. “A 0.5 percent increase from last year is exciting and shows us that our buyer’s housing demand is strong. While it’s apparent the uncertainty of the last few months affected the market during the second quarter, we see that trend changing.”

The median home sale price for Middle TN grew to $331,448. Increased prices can be attributed to another month of low inventory. It’s a great time to be selling.