nashville’s 2013 real estate review

nashville home sales were up 18.5% for the year, selling 30,917 homes & condos in 2013.  this marks the first time since 2007 homes sales exceeded 30,000.  there were also 2,032 pending home sales at the end of december in the pipeline compared to 1,857 pending home sales at the end of december 2012.  this is positioning our market for a strong january 2014 as well.

nashville homes

condoreport (1)

bilde…it was.  with the lack of downtown high rise inventory to purchase at the end of 2013 (only 64 resale units and no developer-owned units), the prices have continued to trend upwards.  if twelve twelve, the newest 288-unit high rise in the gulch, which is currently being built as luxury apartments switches gears and officially becomes condos for purchase in mid-march, that could be a much needed game changer for the spring.

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Filed under downtown nashville, news, sobro nashville, the gulch

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