Home Sales Increase 19% in Sept

There were 3,122 home closings reported for the month of September, according to figures provided by the Greater Nashville Association of REALTORS. That number is up 19 percent from the 2,626 closings reported for the same period last year. 

Third quarter numbers have increased from 2013 with 9,606 closings reported, which is 8.4 percent higher than last year’s third quarter closings of 8,861.

Year-to-date closings for the Greater Nashville area are 24,942. That total is up 5.2 percent from the 23,720 closings reported through the third quarter of 2013.

“Seeing an increase in home sales in September, third-quarter and year-to-date says a lot about the market in our region,” said GNAR President Hagan Stone. “Between July and September, nearly every county in our area saw increases in residential sales, condominium sales or both. These numbers are strong indicators that Middle Tennessee remains healthy and vibrant as we move into the fourth quarter.

“In addition, we are confident that good economic and job growth news like Under Armour’s distribution center in Mt. Juliet, the opening of the Mars Petcare Global Innovation Center in Thompson’s Station and the groundbreaking on HCA’s Capitol View development will have a positive impact on area home sales in the coming year.”