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1. NASHVILLE MLS JUNE 2013

2. MEDIAN SALES PRICE
NASHVILLE MLS
The Median Price for all homes sold in June was $184,000, which is 6% higher than
the median price in May and 12% higher than the price in June 2012.
JUNE 2013
JUNE 2012
$184,000
$164,125
12%
JUNE 2013
$184,000
$0
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000

3. CLOSED TRANSACTIONS
NASHVILLE MLS
The Market Trend Report for June showed a 2% decrease in the number of Closed
Transactions over May and a 12% increase over sales in June 2012.
2013
MAY 2012
3,315
2,968
12%
JUNE 2013
JUNE 2013
JUNE 2012
3,315
0
500
1000
1500
2000
2500
3000
3500
4000

4. DAYS ON THE MARKET
NASHVILLE MLS
The average Days on the Market for all homes sold in June was 82. This is equal to
the average in May and 5 days less than the average in June 2012.
6%
82
87
JUNE 2013
JUNE 2012
JUNE 2013
82
76
78
80
82
84
86
88
90
92
94
96

5. MONTHS SUPPLY OF
INVENTORY
NASHVILLE MLS
The number of Months Supply of Inventory at the end of June was 3.3 which is a 3%
decrease over May and a 49% decrease from June 2012.
3.3
6.5
49%
JUNE 2013
JUNE 2013
JUNE 2012
3.3
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0

6. Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided by Terradatum from the local
Nashville Multiple Listing Service and is not annualized. While MLS and
Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).