News

Nashville third in country for fastest-selling homes

Lee

February 2021

A recent article from wkrn.com reports that Nashville currently ranks third in the country for fastest-selling homes. Nashville is currently in what is widely considered to be the strongest seller’s market in decades, with the average home selling in just 21 days. Only two cities in the country (Boise, Idaho and Omaha, Nebraska) are selling at a faster pace. With low inventory and high demand, sellers are seeing multiple offers in most cases, especially under the $400,000 price point. Overall, Nashville home prices are up 10.5% year over year, inventory supply is down 35% over last year and the median home sale price in Nashville is $325,950. The real estate experts here at Omni are ready to help you locate the perfect investment opportunity  and work on your behalf to get the best deal possible! Check out an overview of our real estate investment services, HERE.