Nashville market still moving forward amidst pandemic

Lee

June 2020

As recently reported in a Greater Nashville Realtors article, current indications are that Nashville’s real estate market is still strong despite the overall econonmy’s coronavirus-related downturn. Greater Nashville Realtors president, Kristy Hairston, stated, “A key point to remember is the Greater Nashville area is still out producing other large metro areas where some housing markets have stalled. Our local consumers are still buying and selling homes, which is evident with the over 4,000 pending sales at the end of May.” The median price for a residential single-family home was $329,900 for May. This is compared to $318,000 in May of 2019. Omni is well-equipped to guide you through your next real estate transaction. See an overview of our real estate investment services here.