After closing out 2016 strong, the new year is off to a good start! Home sales were up 2.7 percent from the previous year in the same quarter. 2016 as a whole saw a 5.6 percent increase from the previous year with over 38 thousand homes sold!
“In particular, the fourth quarter of the year was very solid. According to the data we have available to us, the last quarter of 2016 was the strongest fourth quarter for home sales our region has experienced,” said Troxel. “In terms of the market as a whole, it was the best Greater Nashville has seen in a decade.” (via Greater Nashville Realtors)
January was off to a racing start here in Nashville with an 11 percent increase from the previous year! This made 2017 the best January on record and has many believing the busy spring season will be arriving a little early this year.