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September Market Update: Nashville

September Market Update: Nashville

September Market Update: Nashville

By Mark Spain Real Estate

Mark Spain Real Estate has provided a market update of the September Nashville real estate market for you1 The month of September has come to an end! School is back in full swing and Fall is officially upon us. As we move into October and the fall season, let’s take a moment to recap the month of September.  Knowing these trends can ensure you can make well-informed decisions and stay in the know!

Mark Spain Real Estate strives to be the most knowledgeable in the markets! We take pride in being named the most trusted real estate firm in the industry. We take time in strengthening our knowledge of technology, real estate, and self improvement to feed our drive of continuously learning and growing! 

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The Hard Facts- Nashville Market Update

  • The current median price list price has increased by 2% from this time last month, residing currently at 376k
  • The supply of available homes is down by 19% from this time last month, with inventory at 5,439 listings
  • A home’s average days on market has increased from this time last year by 28% and currently resides at 36 days on the market

What Does This Mean For You?

Sellers-

Sellers, if you’re open to moving during the school year, now is a great time to sell! The average list price of the Nashville real estate market is increasing, take advantage and maximize your return on investment. Additionally with lower inventory available, now is a great time to list to meet buyer demand.

The lower inventory available means there are less homes on the market to choose from. Act fast and sell your home in this ever increasing market. You can sell your home for more since there is less competition for buyers to choose from!

Buyers-

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Buyers, the decrease in inventory is simply indicative of the fall season. With days on market on the rise, you have plenty of time to pursue the house that’s right for you. Get out there and find your dream home! Time is less pressed since homes are on the market for a longer time period during this season. You have more time to find your dream home!

Guaranteed Offer Program-

A great option to sell your home during this season in Nashville is through our Guaranteed Offer Program. With this program you will receive a competitive cash offer for your home and close in as little as 21 days. You will be able to bypass the market and skip the showing and open house processes that usually are involved when selling a house.

This relieves the stresses and allows you to move on to the next chapter of your life with ease! This is a great option for those needed to sell their home fast and don’t want to compromise on the offer they receive on their Nashville home.

We are entering into a season where homes are on the market for a longer period of time, this will enable you to sell your home fast! To find out if you qualify for this program, visit our site!

Does this market update have you thinking about moving? Navigating the real estate market can be difficult, and you don’t want to do it alone. At Mark Spain Real Estate, we are here to help! Contact us today to get a head start.

Mark Spain Real Estate strives to keep our clients as our top priority and deliver an unparalleled client experience. We are grateful to serve our clients in reaching their real estate goals!

We are actively searching for new and dedicated individuals who are yearning to learn and grow daily and sell real estate in this ever-growing industry in Nashville! If you lead with a servant’s heart and want to be apart of this Mark Spain family, contact us today!

Connect with us on Facebook, Instagram, Twitter, or LinkedIn to stay up to date on all things real estate! 

Mark Spain Real Estate is grateful to serve all of Metro Atlanta and Athens in Georgia, Charlotte and Raleigh in North Carolina, Orlando and Tampa in Florida, and Nashville in Tennessee!


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