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Base Nashville Real Estate Market Stats

October 2022

Hello, neighbors! I am checking in with our combined neighborhoods’ October 2022 real estate market statistics for McFerrin Park, Cleveland Park, and Highland Heights.

In October, we saw 8 homes close out in the MLS. This was a decrease from months prior and a significant decline from the 23 closed homes in October of last year.

The median list price per square foot was $315, and the median sales price per foot was $290

Homes are still selling quickly, with median days on the market of 3 days and a contract-to-close timeline is around 26 days

The average sales price to list price ratio is a strong 98% – indicating that sellers are negotiating some – but are still accepting offers very close to the asking price.

At the time I am writing this, there are currently 32 active homes for sale in the neighborhood and 28 pending properties.

The average sales price for October was $574,625, representing an increase of 9% over the same month last year.

I hope you all have a restful holiday, and check back next month for more real estate news!

Nick Irwin
615-418-0563
nick@basenashville.com

Total Properties Sold

8

Median List Price Per Square Foot

$315

Median Sales Price Per Square Foot

$290

Median Days on Market

3

I have several listings that are not yet on the MLS in our neighborhood. If you are looking to make a move OR if you want the chance to choose your neighbor – call me!

615-418-0563

The housing market is changing. If you have been considering selling your home but aren’t sure what it is worth in today’s market, click here and get a free personalized report on the current market value of your home.

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Nick Irwin - Real Estate Broker in Nashville

Nick Irwin Broker

615-418-0563