There were 11,028 single-family home closings in Tennessee in July 2019, up +9.4 percent from 10,081 a year earlier, while the median price rose steadily and active listings jumped, according to data compiled by Tennessee Realtors, the state industry association; and the national association’s Realtors Property Resource.
In July the median single-family home sales price in Tennessee grew +6.8 percent (from $220,000 to $235,000), while active listings reached 66,447 (up +30.9 percent from 50,727).
Meanwhile, Tennessee condominium sales in July were relatively flat from year to year (266 closings vs. 252); the median condo price rose +17.7 percent ($145,450 to $171,125); and active condo listings decreased -28 percent (864 to 621).
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