Nashville home sales continue meteoric rise

Lee

March 2021

A new report from bizjournals.com states that Nashville home sales for February are up 4% over February 2020. Our market continues to remain strong with 2,919 closings last month. The median single-family home price is also up, from $320,000 last February to $357,150. Greater Nashville Realtors president, Brian Copeland said “We’ve seen a jump on the spring market by buyers who are taking advantage of lower interest rates and avoiding the stereotypical busy warm weather rush to buy.” Inventory at the end of February stood at 4,477 in sharp contrast to 9,093 at the same time last year. With over 70 years of collective experience in this market and industry, the experts at Omni are ready to assist with your sales and investment needs! You can read more about our real estate investment services HERE.