Helpful Resources
Middle Tennessee Residential Real Estate
Area Guidance
Market Conditions - Greater Nashville
MIDDLE TENNESSEE HOUSING MARKET’S YEAR-END PRODUCTION PROVIDES POSITIVE OUTLOOK FOR 2025
Kenneth’s update 01082025… There is a trend! For three months in a row (October, November, December), the Y-T-Y comparisons reported solid increased activity and values for all key indicators setting the table for an active housing market in 2025. The expected seasonal decline from M-T-M reported a welcome increase in closings (December’s 2,842 transactions compared to November’s 2,383 transactions).
Mortgage rates continue to show little fluctuation though a slight increase occurred. The chart below, courtesy of Mortgage News Daily, demonstrates the overall trend for the Average 30-Year Fixed Mortgage Rates for the period of December 1, 2024, through December 31, 2024, showing a slight increase throughout the month, except for MBA reported decline. The chart provides an average 30-year fixed mortgage rates from several different surveys including Mortgage News Daily (daily index), Freddie Mac (weekly survey), Mortgage Bankers Association (weekly survey) and FHFA (monthly survey).
Should you jump into the real estate market as we welcome 2025? January may offer home buyers and home sellers incentives to participate in Middle Tennessee’s 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 during the winter months.
The Greater Nashville REALTORS® recently released a report for the month ending December 31, 2024, as follows: There were 2,842 closings; 1,593 pending sales; 10,109 inventory; 50 days on the market; and the median price for single-family dwellings of $500,000, and $341,520 for condominium classifications. The data collected for this release represents nine Middle Tennessee counties: Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson, and Wilson.
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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.
Market Conditions - National Overview
Pending Home Sales Fell 5.5% in December 2024 | 01302025
Existing-Home Sales Ascended 2.2% in December 2024 | 01242025
Pending Home Sales Moved Up 2.2% in November 2024 | 12312024
Existing-Home Sales Elevated 4.8% in November | 12202024
More Home Buyers Expect Rosier 2025 Housing Outlook | 12132024
Wood Floors Make (Another) Comeback | 12102024
Multiple Listing Services: 140 Years in the Making | 12062024
Pending Home Sales Climbed 2.0% in October 2024 | 11272024
Proximity to Family and Friends, Affordability Drive Relocation Trends in 2024 | 11262024
Existing-Home Sales Grew 3.4% in October | 11212024
First-Time Home Buyers Shrink to Historic Low of 24% | 11052024
Mortgage Rates | Calculator
Things-To-Do
ARTS, ENTERTAINMENT, THINGS TO DO...
3rd & Lindsley
Arrington Vineyards
Assembly Food Hall
Belle Meade Plantation
Bluebird Cafe
Cheekwood Botanical Gardens
City Winery
Country Music Hall of Fame
Frist Center for the Visual Arts
General Jackson Showboat
Grand Ole Opry
Live on the Green
Musicians Corner
NashTrash Tours
Nashville Ballet
Nashville Farmers Market
Nashville Zoo
Parthenon
Ryman Auditorium
Schermerhorn Symphony Center
Steeplechase
Tennessee Performing Arts Center
Tennessee State Museum
RESTAURANTS...
1 Kitchen Nashville
Audrey Restaurant
Bad Idea
Barcelona Wine Bar
Bastion
Biscuit Love
Bourbon Steak Nashville
Burger Up
Choy
City House
Eddie V's Prime Seafood
Edessa
Elliston Place Soda Shop
Etc. Restaurant
Etch
Folk
Gannon's Nashville
Germantown Cafe
Grilled Cheeserie
Hattie B's Chicken
Henrietta Red
Husk
Iggy's
International Market
GO FOR A HIKE, BIKE OR DRIVE...
Beaman Park Nature Center
Centennial Park
Cumberland Park
Ellington Agricultural Center
Natchez Trace Parkway Bridge
Old Hickory Lake
Percy Priest Lake
Radnor Lake State Park
Warner Parks
Wasioto Park
PROFESSIONAL SPORTS
Nashville Predators
Nashville Soccer Club
Nashville Sounds
Tennessee Titans
Kayne Prime Steakhouse
Kirin Sushi
Kisser
Locust
Luogo
Margot Cafe
Mere Bulles
Midtown Cafe
Noko
Peg Leg Porker
Peninsula Nashville
Peter's Sushi and Thai
Pinewood Social Club
Red Perch
Rolf and Daughters
S. S. Gai
Silver Sands
Skull's Rainbow Room
Slim and Husky's
Southern Steak & Oyster
Tailor Nashville
The Optimist
Wild Ginger
Xiao Bao
Vendors | Utilities
National Association of REALTORS® Partnership with Curbio
View the Support Tool description that benefits the Seller
National Association of REALTORS Partnership with SoFi
Vendor List
The Vendor List is provided as a guide, and not guaranteed. Information gathered is based on first-hand experience, trusted referrals, and sources. In general, it is recommended to receive three (3) quotes during vendor selection. Your feedback is greatly appreciated to maintain an accurate and valued Vendor List. Please contact Kenneth for distribution of the Vendor List.
Utilities List
The Utilities List provides contact information for Electric, Natural Gas, Water & Sewer for the counties of Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson, and Wilson. Please contact Kenneth for distribution of the Utilities List.
Copyright © 2025 Kenneth Sells Homes | Kenneth Sells Nashville
All Rights Reserved. All information deemed to be accurate but not guaranteed; Buyer's/Seller's Agent to verify all pertinent information.
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an agency of Crye-Leike Real Estate Services
Kenneth M Bargers REALTOR® LIC 318311, NOTARY PUBLIC (615) 512-9836 M kb@kennethsellsnashville.com E kennethsellsnashville.com W
