Greater Nashville’s November 2025 Real Estate Production and Values Declined M-T-M

Greater Nashville’s November 2025 Real Estate Production and Values Declined M-T-M

Kenneth Bargers | December 9, 2025

Kenneth’s update 12092025… Greater Nashville area’s real estate production and values declined, M-T-M, as Middle Tennessee home buyers and home sellers transitioned to the holiday season and winter months during November 2025. For Y-T-Y performance, inventory increased, and the remaining key reporting sectors declined in yearly comparison.

The mortgage rates remained relatively stable during November 2025, staying below 6.40% for the month per the weekly reporting period from several different surveys including Mortgage News Daily (daily index), Freddie Mac (weekly survey), Mortgage Bankers Association (weekly survey) and FHFA (monthly survey). The following chart, courtesy of Mortgage News Daily, demonstrates the Mortgage News Daily’s month’s flow for the Average 30-Year Fixed Mortgage Rates for the period of November 1, 2025, through November 30, 2025. The daily average began November 2nd with 6.34%, the high was 6.38% on November 18th and ended the month’s reporting on November 28th as 6.22%.

Will mortgage rates further decline? National economic policies challenge local real estate confidence and participation. Continued increases in consumable goods, consumers’ daily living expenses, increases in healthcare insurance, and the unpredictable daily fluctuation of the United States tariff policy directly affect the livability of Americans. Lack of consistent reporting updates for the economic engine introduced lack of confidence in the accuracy of the data points including GDP, Labor Market Data, Inflation Report, and Consumer Confidence Index become a challenge for future housing market production. Will mortgage rates continue to decrease with poor national economic performance to assist home buyers and home sellers?

All Real Estate is Local! The Greater Nashville area offers diverse and solid economic conditions as an incentive for Buyers to invest in the Middle Tennessee real estate market, as well as an abundance of available listings and the month-ending 30-year fixed mortgage rate of 6.22%. It truly is a great opportunity to focus on the local conditions and for Buyers to take advantage of the current conditions. Should you jump into the real estate market? Contact your trusted lender to evaluate your home buying power dollars, and your favored REALTOR®, to discuss the current conditions and take advantage of the home buying and selling process.

The Greater Nashville REALTORS® recently released a report for the month ending November 30, 2025, as follows: There were 2,412 closings; 1,998 pending sales; 13,554 inventory; 57 days on the market; and the median price for single-family dwellings of $500,000, and $341,590 for condominium classifications. The data collected for this release represents nine Middle Tennessee counties: Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson, and Wilson.

Pending home sales – Pending Home Sales is a leading indicator for the housing sector, based on pending sales of existing homes. A sale is listed as pending when the contract has been signed but the transaction has not closed, though the sale usually is finalized within one or two months of signing. Pending contracts are good early indicators of upcoming sales closings. However, the amount of time between pending contracts and completed sales is not identical for all home sales.

NOVEMBER 2025 REPORTING PERIOD SLIDESHOW https://youtu.be/30YNwI2e8Mw?si=xUH0ohID4L5q-9iW