Is Nashville inventory rising or falling?

Inventory is rising in Nashville. There are more homes for sale now compared to last year. You'll find 11,374 homes actively listed on the market. This is a noticeable increase of 13.3% compared to the same time last year. More homes to choose from can be a good thing if you are looking to buy. Even with more homes available, new listings are also coming onto the market at a higher rate. There were 4,736 new listings, which is up 5% from last year. Homes are staying on the market a little longer, too. The typical home now takes 52 days to sell, which is 6.1% more time than last year. This means you might have more time to consider your options before making an offer. For those looking to buy, the rising inventory and slightly longer selling times suggest you have more choices and potentially more room to negotiate. Sellers might need to be prepared for their homes to stay on the market a bit longer than before.