There were 1,567 homes sold in the month of September, which is a 19 percent decrease compared to the 1,935 closings reported in September of 2009. Year-to-date closings are at 15,929, which is a 3 percent increase over the 15,453 closings reported through September 2009.
Median prices for both single-family homes and condominiums showed an increase. The median price of a single-family residence was $171,820 and for a condominium it was $155,000. By comparison, the median price of a single family residence in September of 2009 was $160,000 and for a condominium it was $142,500.
For more details on current information, as well as county figures through the third quarter, you can click here and review the complete news release.
Source: Greater Nashville Association of REALTORS