Helpful Resources
Middle Tennessee Residential Real Estate
AREA GUIDANCE
Housing Inventory and Home Values Highlight a Solid Activity for Middle Tennessee’s June 2025 Housing Market
Kenneth’s update 07082025… Middle Tennessee’s June housing activity produced a solid performance in overall value as well as activity within the key reporting segments of Closings, Pending Sales, Housing Inventory, Days on the Market, Values of Single-Family Dwellings and Condominium classifications. Housing inventory leads the reporting data as it continues to grow and ended June 30, 2025, with listing availabilities of 14,416. Home values were also a highlight as the median value increased to $528,297. Overall improvement from M-T-M, and an improvement in several sectors from Y-T-Y are noted.
Mortgage rates ended the month lower and remained below 7% during 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 month’s flow for the Average 30-Year Fixed Mortgage Rates for the period of June 1, 2025, through June 30, 2025.
The continuing saga of instability of our National economic policies and economic goals appear to be influencing home buyers as the forecasted return of home buyers expected for spring has not matched the activity of the home sellers, to date, with an impressive increase in available listings growing each month in 2025. 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’s leveling of mortgage rates below 7%. 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 June 30, 2025, as follows: There were 3,185 closings; 2,621 pending sales; 14,416 inventory; 47 days on the market; and the median price for single-family dwellings of $528,297, and $340,000 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.
JUNE 2025 REPORTING PERIOD SLIDESHOW: https://youtu.be/L-YDJskjC8c?si=4-HkXie55UN-b0-b
MARKET CONDITIONS - NASHVILLE AREA
Home Buyers May Have Accepted a New Norm on Rates | 07202025
What Mortgage Rate Will Get More Buyers Moving? | 07182025
International Buyers Purchased $56 Billion Worth of Homes per NAR | 07152025
Buyers, Homeowners Dive in for Lower Mortgage Rates | 07122025
NAR Pending Home Sales Report Reveals 1.8% Increase in May | 06262025
NAR Existing-Home Sales Report Shows 0.8% Increase in May | 06242025
Home Buyer Demand Shows Signs of Strengthening | 06142025
The Housing Inventory is Here - Where are the buyers? | 05292025
Pending Home Sales Declined 6.3% in April | 05292025
Existing-Home Sales Edged Lower by 0.5% in April | 05222025
Stable Mortgage Rates Are Drawing Out Home Buyers | 05162025
America's Housing Affordability Gap Persists | 05152025
More Than 80% of Metro Areas Posted Home Price Increases in First Quarter of 2025 | 05082025
Home Staging Boosts Sale Prices and Reduces Time on Market | 05062025
Mortgage Rates Ease Slightly: Is it enough to grow spring sales? | 05032025
MARKET CONDITIONS - NATIONAL
REAL ESTATE PROCESS SUPPORT
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
THINGS - TO - DO
National Association of REALTORS® Partnership with Curbio
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