I take data very seriously in my business. Numbers tell a story and when paired with the real-time, boots-on-the-ground insights I see in the housing market every day here in Nashville, they help me guide my clients with clarity and confidence.

It’s important to note that the data I’m sharing today is national housing data. It paints the bigger picture of where the market is headed, but keep in mind that real estate is hyper local. Conditions can shift dramatically from one neighborhood (or even one zip code) to the next.

Having a trusted advisor who understands both the numbers and the local market pulse is so critical. (That is me!)

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The Latest Data as of September 8th

Mortgage Rates
Rates hit their lowest point in almost a year. Just like last September, this kind of dip has the potential to re-energize buyer demand.

Inventory
Available homes dipped to 847,000. Instead of stacking up, supply is tightening — a trend that defies the usual seasonal slowdown.

New Listings
65,000 homes came to market this week, a modest 2% increase from last year. It’s not a surge, but it’s a positive sign of healthier activity.

Home Prices
Median pending sale price: $397,000. That’s a few percent higher than last year, and if rates keep falling, prices could rise further.

Home Sales
65,000 homes went under contract this week — up 7% year-over-year. More buyers are slowly stepping back in.

Price Reductions
41.5% of homes had price cuts. While still significant, this number is trending downward, showing sellers and buyers are finding more common ground.

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What This Means for You

The national story is clear: lower mortgage rates are stirring buyer demand, while inventory remains relatively tight. That creates a shifting landscape where strategy matters more than ever.

If you’re thinking about selling your home (or just want to know how these shifts could affect your buying or selling plans in Nashville), I’d love to walk you through the data and design a plan tailored to you.

Let’s connect — I’m here to help you move forward with confidence.

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