Nashville’s Real Estate Market Grew In 2013

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Photo from The Lipman Group Sotheby’s International Realty

Very rarely do I read an article and want to share the ENTIRE article with you guys, but it happened recently with The Tennessean. The article was titled “Nashville’s annual home sales top 30,000 for first time since 2007.” 

The tittle alone is wonderful to read, but there are some other great points made.

  • The overall 18.5% gain in home sales for 2013 reflects that Nashville is further along in the U.S. housing recovery than many other metro areas. – Alex Miron, an economist with Moody’s Analytics
  • A key driver of local home sales is that employment growth here has been running at a pace twice the U.S. average. – Alex Miron
  • The median price of a single-family home rose nearly 6 percent for December from a year ago to $198,838; it was up nearly 2 percent from November. – Richard Exton, an appraiser at Manier and Exton in Nashville

These are just a few of the points made in the market review that Getahn Ward wrote for the newspaper. Take a few minutes to read the full article. I hope you will be as excited as I am about where Nashville’s real estate market is today and where it is going in 2014!

If buying or selling your home has been on your mind, call me and let’s make 2014 a great real estate year for you!

 

 

 

About Sutton Lipman

Sutton Lipman Costanza is a native Nashvillian and a second generation REALTOR. She is excited and proud to be a part of The Lipman Group Sotheby’s International Realty team. Sutton graduated with a Bachelor of Arts degree from The George Washington University. Before selling real estate, she worked at Centerstone, a community-based behavioral health care organization in Nashville. In her free time, Sutton enjoys spending time with her family and friends, traveling, practicing Spanish, knitting and playing tennis. sutton.lipman@sothebysrealty.com or 615.438.6149
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