Gordon Perry - HomeSmart Living Realty

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Gordon Perry - HomeSmart Living Realty Nashville Realtor serving buyers and sellers in Nashville and Surrounding areas.

When you are buying or selling property in today's real estate market, it's important to have confidence in your real estate professional. Gordon Perry’s commitment as your Nashville area REALTOR® is to provide you with the specialized real estate service you deserve. Member of the Institute for Luxury Home Marketing

When you are an informed buyer or seller, you'll make the best decisions for probably the most important purchase or sale in your lifetime, producing the most value for yourself on either side of a real estate transaction. Having worked with celebrities to “first time” home buyers Gordon’s goal is to keep you informed on the latest trends in the marketplace using the most current statistical data pertaining to real estate in the Nashville areas of most interest to you.

10/06/2026

With mortgage rates above 7%, it's easy to assume that renting must be the better deal.After all, every percentage point added to a mortgage rate

09/27/2026

Nashville, Tennessee
Last Updated: Sep 27, 2026
Nashville shifted into a buyer's market: inventory is up nearly 10% year-over-year, days on market have stretched to 64–72 days citywide, and median prices are holding flat to slightly down, which means the urgency that defined 2024 is gone.

Market Intelligence
Here's what the data is telling us: Nashville's median sale price sits around $476K, down 0.52% year-over-year, with price per square foot declining 3.3%—meaningful softening in a market that held firm for years. There are 6,475 active listings in play, and homes are taking 64–72 days to close, though faster-moving inventory at the lower end is clearing in about 34 days. Sales volume is down 1.1% year-over-year (2,822 homes sold over the last three months), but the real story is inventory composition: certain neighborhoods like Inglewood, Spring Hill, and Christiana are still commanding attention despite longer marketing times, while Midtown and Music Row (37203) ranked among the nation's top 10 hottest ZIP codes thanks to rental-heavy urban product pulling young professionals. The disconnect is real—elevated inventory across the board, yet hyper-concentrated demand in specific micro-markets. This isn't a city-wide slowdown; it's a bifurcation.

Buyers now have time to deliberate, compare neighborhoods, and negotiate—they're not bidding wars and closing in 10 days anymore. That shift favors agents who've built deep community knowledge and can speak credibly to lifestyle, long-term appreciation, and neighborhood stability. My 25 years in Nashville and positioning in the luxury and move-up segments put me exactly where the qualified, financed buyer is looking. My average transaction price of $841.7K sits well above the noise, where the buyers who matter most—relocating professionals, move-up families, and long-hold owners—are making deliberate decisions.

Financing Landscape
The financing conversation has fundamentally changed. In a 70+ day marketing cycle, buyers aren't competing on speed anymore—they're competing on certainty. A pre-qualification or a pre-approval letter used to be a tiebreaker in multiple-offer scenarios; now it's table stakes for serious buyers who want to negotiate from a position of actual strength.

Info provided by The Locklear Lending Team

Buyer's RoadMap !
09/02/2026

Buyer's RoadMap !

08/12/2026
Improving Conditions
07/10/2026

Improving Conditions

Address

617 Lakemeade Pt
Nashville, TN
37138

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