Let’s just say it. Nashville is a hot city.
Nashville is being called “Nowville” by Forbes magazine and “The South’s Red Hot Town” by Time.
Even the New York Times says Nashville is taking its turn in the spotlight.
It is home to one of America’s 50 best coffee shops- Barista Parlor.
So what does this mean for our housing market?
Well the first quarter numbers are in –
First quarter of 2015 were 6,904 closings; up 12 % from the first quarter of last year.
The average residential price for a single family home during March was $222,400 compared to $195,000 in March of last year.
Inventory was down 2,119 homes in March of this year vs March of last year.
We have officially entered the spring buying and selling season!
That means if you are thinking of buying a home in Nashville, now is the time to set up a personalized buyer’s consultation with one of our specialized agents.
They know what is happening in this market, how quickly homes are moving, and what they can do to help you find the perfect home for you.
If you or anyone you know is looking to purchase a home, give us a call today at 615-454-2703 to set up a free personalized consultation.