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๐™…๐™ช๐™ฃ๐™š 2024 ๐™ƒ๐™ค๐™ช๐™จ๐™ž๐™ฃ๐™œ ๐™ˆ๐™–๐™ง๐™ ๐™š๐™ฉ Update

Writer's picture: Denis SDenis S


@NashvilleHomeScene



๐˜๐˜ฏ ๐˜‘๐˜ถ๐˜ฏ๐˜ฆ, ๐˜•๐˜ข๐˜ด๐˜ฉ๐˜ท๐˜ช๐˜ญ๐˜ญ๐˜ฆ'๐˜ด ๐˜ฉ๐˜ฐ๐˜ถ๐˜ด๐˜ช๐˜ฏ๐˜จ ๐˜ฎ๐˜ข๐˜ณ๐˜ฌ๐˜ฆ๐˜ต ๐˜ค๐˜ฐ๐˜ฏ๐˜ต๐˜ช๐˜ฏ๐˜ถ๐˜ฆ๐˜ฅ ๐˜ต๐˜ฐ ๐˜จ๐˜ณ๐˜ฐ๐˜ธ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ณ๐˜ช๐˜ด๐˜ช๐˜ฏ๐˜จ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ช๐˜ฏ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ด๐˜ฆ๐˜ฅ ๐˜ช๐˜ฏ๐˜ท๐˜ฆ๐˜ฏ๐˜ต๐˜ฐ๐˜ณ๐˜บ, ๐˜ฉ๐˜ช๐˜จ๐˜ฉ๐˜ญ๐˜ช๐˜จ๐˜ฉ๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜ด๐˜ต๐˜ณ๐˜ฐ๐˜ฏ๐˜จ ๐˜ฅ๐˜ฆ๐˜ฎ๐˜ข๐˜ฏ๐˜ฅ. ๐˜‹๐˜ฆ๐˜ด๐˜ฑ๐˜ช๐˜ต๐˜ฆ ๐˜ข ๐˜ด๐˜ญ๐˜ช๐˜จ๐˜ฉ๐˜ต ๐˜ฅ๐˜ช๐˜ฑ ๐˜ช๐˜ฏ ๐˜ฏ๐˜ฆ๐˜ธ ๐˜ญ๐˜ช๐˜ด๐˜ต๐˜ช๐˜ฏ๐˜จ๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ค๐˜ญ๐˜ฐ๐˜ด๐˜ช๐˜ฏ๐˜จ๐˜ด, ๐˜ฉ๐˜ฐ๐˜ฎ๐˜ฆ๐˜ด ๐˜ข๐˜ณ๐˜ฆ ๐˜ด๐˜ฆ๐˜ญ๐˜ญ๐˜ช๐˜ฏ๐˜จ ๐˜ง๐˜ข๐˜ด๐˜ต๐˜ฆ๐˜ณ, ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข๐˜ท๐˜ฆ๐˜ณ๐˜ข๐˜จ๐˜ฆ ๐˜ด๐˜ข๐˜ญ๐˜ฆ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ๐˜ด ๐˜ฉ๐˜ข๐˜ท๐˜ฆ ๐˜ณ๐˜ช๐˜ด๐˜ฆ๐˜ฏ ๐˜ด๐˜ช๐˜จ๐˜ฏ๐˜ช๐˜ง๐˜ช๐˜ค๐˜ข๐˜ฏ๐˜ต๐˜ญ๐˜บ. ๐˜ž๐˜ช๐˜ต๐˜ฉ ๐˜ข 6+% ๐˜บ๐˜ฆ๐˜ข๐˜ณ-๐˜ฐ๐˜ท๐˜ฆ๐˜ณ-๐˜บ๐˜ฆ๐˜ข๐˜ณ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ ๐˜ช๐˜ฏ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ด๐˜ฆ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ข 17.12% ๐˜ณ๐˜ช๐˜ด๐˜ฆ ๐˜ช๐˜ฏ ๐˜ช๐˜ฏ๐˜ท๐˜ฆ๐˜ฏ๐˜ต๐˜ฐ๐˜ณ๐˜บ, ๐˜ธ๐˜ฆ ๐˜ฎ๐˜ข๐˜บ ๐˜ด๐˜ฆ๐˜ฆ ๐˜ข ๐˜จ๐˜ณ๐˜ข๐˜ฅ๐˜ถ๐˜ข๐˜ญ ๐˜ฅ๐˜ฆ๐˜ค๐˜ญ๐˜ช๐˜ฏ๐˜ฆ ๐˜ช๐˜ฏ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ๐˜ด ๐˜ฅ๐˜ถ๐˜ณ๐˜ช๐˜ฏ๐˜จ ๐˜˜3 ๐˜ข๐˜ฏ๐˜ฅ ๐˜˜4 ๐˜ฐ๐˜ง 2024. ๐˜—๐˜ฐ๐˜ต๐˜ฆ๐˜ฏ๐˜ต๐˜ช๐˜ข๐˜ญ ๐˜ฎ๐˜ฐ๐˜ณ๐˜ต๐˜จ๐˜ข๐˜จ๐˜ฆ ๐˜ณ๐˜ข๐˜ต๐˜ฆ ๐˜ข๐˜ฅ๐˜ซ๐˜ถ๐˜ด๐˜ต๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต๐˜ด ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฑ๐˜ฐ๐˜ญ๐˜ช๐˜ต๐˜ช๐˜ค๐˜ข๐˜ญ ๐˜ฐ๐˜ถ๐˜ต๐˜ค๐˜ฐ๐˜ฎ๐˜ฆ๐˜ด ๐˜ค๐˜ฐ๐˜ถ๐˜ญ๐˜ฅ ๐˜ด๐˜ต๐˜ข๐˜ฃ๐˜ช๐˜ญ๐˜ช๐˜ป๐˜ฆ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ๐˜ด, ๐˜ด๐˜ฆ๐˜ต๐˜ต๐˜ช๐˜ฏ๐˜จ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ด๐˜ต๐˜ข๐˜จ๐˜ฆ ๐˜ง๐˜ฐ๐˜ณ ๐˜ช๐˜ฏ๐˜ค๐˜ณ๐˜ฆ๐˜ข๐˜ด๐˜ฆ๐˜ฅ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ฆ๐˜ต๐˜ช๐˜ต๐˜ช๐˜ฐ๐˜ฏ ๐˜ช๐˜ฏ 2025.



๐™‡๐™š๐™–๐™ง๐™ฃ ๐™ข๐™ค๐™ง๐™š ๐™–๐™—๐™ค๐™ช๐™ฉ ๐™ข๐™–๐™ญ๐™ž๐™ข๐™ž๐™ฏ๐™ž๐™ฃ๐™œ ๐™ฎ๐™ค๐™ช๐™ง ๐™ง๐™š๐™ฉ๐™ช๐™ง๐™ฃ ๐™ค๐™ฃ ๐™ž๐™ฃ๐™ซ๐™š๐™จ๐™ฉ๐™ข๐™š๐™ฃ๐™ฉ:




๐˜•๐˜ฐ๐˜ธ ๐˜ช๐˜ด ๐˜ด๐˜ต๐˜ช๐˜ญ๐˜ญ ๐˜ข ๐˜จ๐˜ณ๐˜ฆ๐˜ข๐˜ต ๐˜ต๐˜ช๐˜ฎ๐˜ฆ ๐˜ต๐˜ฐ ๐˜ด๐˜ฆ๐˜ญ๐˜ญ ๐˜ข๐˜ด ๐˜ฅ๐˜ฆ๐˜ฎ๐˜ข๐˜ฏ๐˜ฅ ๐˜ณ๐˜ฆ๐˜ฎ๐˜ข๐˜ช๐˜ฏ๐˜ด ๐˜ฉ๐˜ช๐˜จ๐˜ฉ ๐˜ข๐˜ฏ๐˜ฅ ๐˜ช๐˜ฏ๐˜ท๐˜ฆ๐˜ฏ๐˜ต๐˜ฐ๐˜ณ๐˜บ ๐˜ฐ๐˜ง๐˜ง๐˜ฆ๐˜ณ๐˜ด ๐˜ฃ๐˜ถ๐˜บ๐˜ฆ๐˜ณ๐˜ด ๐˜ฎ๐˜ฐ๐˜ณ๐˜ฆ ๐˜ฐ๐˜ฑ๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด.


Key Highlights:



New Listings: There has been a 12% decrease, with 1,880 new listings in June 2024 compared to 2,136 in June 2023.


New Under Contract: Slight decline by 4%, with 1,149 properties under contract.


Active Inventory: Increased by 18%, rising from 2,797 to 3,295, indicating more properties available for buyers.


Under Contract Inventory: Fell by 8%, with an average of 2,065 properties under contract.


Total Inventory: Increased by 6%, reaching 5,360.


Closings: Dropped by 12%, with 1,130 closings in June 2024.


Average Sale Price: Increased by 11%, with the average sale price now at $930,189.


Median Sale Price: Rose by 12% to $675,000.


Average Days on Market (DOM): Improved by 13%, now at 21 days.


Average List Price: Slightly decreased by 2% to $1,230,433.


List to Contract: Improved significantly by 31%, averaging 51 days.


Contract to Closed: Increased by 5%, now at 51 days.


List to Closed: Up by 13% to 104 days.


Months of Supply: Increased by 27%, now at 3.74 months.


County Breakdown:



Davidson County:



New Listings: 1,251


Closings: 699


Average Sale Price: $716,705


Median Sale Price: $525,000


Average Days on Market: 21


Average List Price: $943,391


Months of Supply: 4.17


Williamson County:



New Listings: 629


Closings: 431


Average Sale Price: $1,280,111


Median Sale Price: $969,900


Average Days on Market: 22


Average List Price: $1,835,253


Months of Supply: 3.11


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Sverdlov Realty Group
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Denis Sverdlov, Nashvestor, NashvilleHomeScene, Sverdlov Realty Group is a real estate licensee affiliated with Compass Tennessee, LLC.  Compass Tennessee, LLC is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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All information is deemed reliable but not guaranteed and should be independently reviewed and verified.

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