NASHVILLE, Tenn. (July 7, 2025) – There were 3,185 home closings reported for the month of June, according to figures provided by Greater Nashville Realtors. This figure indicates a 5 percent increase from the 3,042 closings reported for the same period last year.
“June brought a modest uptick in both closings and sales prices, highlighting Nashville’s continued resilience,” said Collyn Wainwright, Greater Nashville REALTORS® President. “Ongoing in-migration and strong job growth are sustaining demand across Middle Tennessee.”
A comparison of sales by category for June is:
|
Year |
2024 |
2025 |
|
CLOSINGS |
3,042 |
3,185 |
|
Residential |
2,431 |
2,573 |
|
Condominium |
439 |
445 |
|
Multi-Family |
19 |
18 |
|
Farm/Land/Lots |
153 |
149 |
Data for the second quarter of 2025 showed 9,312 closings, a 3 percent decrease from the 9,611 closings during the second quarter of 2024.
A comparison of sales by category for the second quarter is:
|
Year |
2024 |
2025 |
|
CLOSINGS |
9,611 |
9,312 |
|
Residential |
7,590 |
7,464 |
|
Condominium |
1,471 |
1,341 |
|
Multi-Family |
58 |
49 |
|
Farm/Land/Lots |
492 |
458 |
2025 midyear report:
|
|
|
YTD 2024 |
YTD 2025 |
|
CLOSINGS |
|
16,518 |
16,180 |
|
Residential |
|
13,020 |
12,862 |
|
Condominium |
|
2,508 |
2,368 |
|
Multi-Family |
|
106 |
103 |
|
Farm/Land/Lots |
|
884 |
847 |
There were 2,621 sales pending at the end of June, compared to 2,703 pending sales at this time last year. The average number of days on the market for a single-family home in June was 47 days.
The median price for a residential single-family home was $528,297 and for a condominium it was $340,000. This compares with last year’s median residential and condominium prices of $505,000 and $345,000 respectively.
There were 14,416 active listings reported for the month of June, according to figures provided by Greater Nashville REALTORS®. This figure indicates a 28 percent increase from the 11,255 active listings reported for the same period last year.
Currently, there are 5 months of available inventory in the Greater Nashville region.
The current inventory of properties by category, compared to last year, is:
|
Year |
2024 |
2025 |
|
INVENTORY |
11,255 |
14,416 |
|
Residential |
7,688 |
10,013 |
|
Condominium |
1,713 |
2,337 |
|
Multi-Family |
101 |
139 |
|
Farm/Land/Lots |
1,753 |
1,927 |
“Still, rising inventory levels and longer days on market are tipping the scales in favor of buyers, as the market straddles the line between balanced and buyer-dominating conditions,” Wainwright added.
About Us: Greater Nashville 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.
The data collected for this release represents nine Middle Tennessee counties: Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson.
