HOME SALES TOP 2,000 FOR SECOND CONSECUTIVE MONTH

HOME SALES TOP 2,000 FOR SECOND CONSECUTIVE MONTH



Home sales in Greater Nashville exceeded 2,000 for the second month in a row, and there were over 2,000 sales pending for the third consecutive month. There were actually 2,214 closings, down just 11% from the 2,488 closings in July of 2008.

The median price of a single-family residence was $171,100 and for a condo it was $142,146. That compares with median prices of $179,995 and $162,900 respectively last year.

Inventory was down slightly from last year with 24,592 properties available in July of 2009, compared with 25,023 in July of 2008.

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