Realtor, Tennis Player, Titans & Vols Fan, Nashvillian… Live! Work! Play! in Middle Tennessee

Greater Nashville 2014 Home Sales Begin with Continued Increase

leave a comment »

Greater Nashville 2014 Home Sales Begin with Continued Increase
Press Release by Greater Nashville Association of REALTORS®; February 6, 2014

NASHVILLE, Tenn. (Feb. 6, 2014) – There were 1,779 home closings reported for the month of January, according to figures provided by the Greater Nashville Association of REALTORS®. This figure is up 8.9 percent from the 1,634 closings reported for the same period last year.

“The increase in January is a very positive start to the year for Middle Tennessee home sales. Though single digit, the number is proof that the market remains stable and growing,” said GNAR President Hagan Stone. “2013 was a year of meaningful improvement for home sales. We look forward to what the rest of 2014 will bring.

“Challenges still remain for the overall real estate market and some federal laws have the ability to affect the industry. The Dodd-Frank Act Wall Street Reform and Consumer Protection Act which went into effect in January may make the mortgage process more strenuous, keeping some eligible buyers from obtaining mortgages at all. Federal tax reform and housing affordability are also items Realtors are monitoring this year.”

There were 1,979 sales pending at the end of the month, compared with 1,968 pending sales at this time last year. The average number of days on the market for a single-family home was 72 days.

The median residential price for a single-family home during January was $195,000 and for a condominium it was $165,000. This compares with last year’s median residential and condominium prices of $167,000 and $150,000, respectively.

Inventory at the end of January was 13,962, compared with 15,478 in January 2013.

“Inventory, while still down from last year, is up from last month by about 300 units. This is typical, as sellers begin to put homes on the market now in preparation for the spring buying season,” added Stone. “This is also good for buyers as it offers them more options and choices.”

The Greater Nashville Association of REALTORS® is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville-area property owners. REALTOR is a registered trademark that may be used only by real estate professionals who are members of the National Association of Realtors and subscribe to its strict code of ethics.

Source: GNAR Press Release (020614) | Blog, In The News, distribution provided by Kenneth Bargers and Bargers Solutions, member of Pilkerton Realtors, residential real estate services located in Nashville, Tennessee


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


Ad, Sales & Marketing.

Rachel Being Chatty

Now featuring 15% more sarcasm.


The Casual Way to Discuss Movies

The Ninth Life

It's time to be inspired, become encouraged, and get uplifted!


The Casual Way to Discuss Movies

The Shameful Sheep

shit storms, shame, and stories that make you cringe

Autoindigo Blog

Fresh news about automotive world. Cars overviews written by experts, pros and cons, features, performance, safety, interior and driving.

Little Fears

Tales of whimsy, humour and courgettes

VR, AR, 3D and Video Glasses Reviews

Woodstock Business Welcome

Welcome Wagon Canada

Blookup Blog

Turn and print all your digital contents, blogs and social networks into amazing real paper books on


Graphic Designer


Sabbles woz 'ere


A town everyone hates, yet no one leaves...

Attila Ovari

Loving Life and Inspiring Others

Augusta Littleton

Nonprofits and Charities

The Home Buyer Class Blog

What to know when buying a home

The Contractor's Cabinet

A Blog On Construction & More


Love, Travel Lifestyle and Destinations


My journey - The good, bad and the ugly


"A Blog worth reading "

john pavlovitz

Stuff That Needs To Be Said

Smart Discount Shop

Discover all the creative and ingenious ways to save money !


4 out of 5 dentists recommend this site


A great site

Vonj Productions

Bringing you love through spirit!

The Dystopian Nation of City-State

A cruel, futuristic vision created by science fiction authors James Courtney and Kaisy Wilkerson-Mills. ©2013-2016. All Rights Reserved. All writings available through Amazon.

Bubba Pigg

South' s Leading Anti- Intellectual: Wealthy in Common Sense and the Wisdom of Selfishness

@TheTexasBroker Blog

Real Estate Sales Houston Texas

The Travelling Pantry

Adventurous, Honest and Wholesome

Top 10 of Anything and Everything!!!

Animals, Gift Ideas, Travel, Books, Recycling Ideas and Many, Many More



William the butler

Serving drinks since 1985


This site is the bee's knees

Plutonium™ Paint

Ultra Supreme Professional Grade Aerosol Paint

Levi's Daily Thoughts

For I know that my Redeemer lives Job 19:25

Covered in Beer

by Thomas Cochran, Known Moron

Natalie Breuer

Natalie. Writer. Photographer. Etc.

Post it Notes from my Idiot Boss

delivered directly to my computer monitor on an all too regular basis...

Late Blooming Entrepreneurs

Making it big in business after age 40