Is Nashville inventory rising or falling?

Nashville's housing inventory is rising right now. There are more homes available for sale compared to last year. Specifically, the number of active listings in Nashville is up 12.6% over the past year, reaching 12,197 homes. This means buyers have more choices when looking for a home. Despite this increase in available homes, the number of new listings coming onto the market has only slightly risen by 0.6% compared to last year. This suggests that while more homes are staying on the market longer, fewer *brand new* listings are popping up. Homes are also taking a bit longer to sell, with the median days on market now at 60 days, up 1.7% from last year. This tells us homes aren't flying off the shelves as quickly. For someone looking to buy a home in Nashville, more inventory generally means more options and potentially a bit more breathing room to make a decision.

In Nashville, the number of homes for sale is currently rising. This means there are more options available for people looking to buy a home right now. New homes are also coming onto the market at a slightly faster pace.