Demand cools for Nashville real estate

Home sales in the Nashville, Tenn., metro area were down 3.4 percent in January compared to the same month a year ago amid significant growth in for-sale listings, the Greater Nashville Association of Realtors reported Monday.

According to statistics, there were 2,289 property sales last month, down from 2,371 sales in January 2006. Total sales figures include single-family, condos, multifamily, farms, land and lots.

Inventory at the end of January totaled 17,264, a gain of 26.8 percent from the same time last year when 13,611 properties were for sale.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.