Mary Presley

02/19/2025

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11/16/2023

***WILLIAMSON COUNTY ***
Market Update

Ladies and gentlemen, today we will be diving into the fascinating world of real estate metrics. Specifically, we will be exploring the correlation between various metrics that are of utmost importance to both buyers and sellers in the market. So, buckle up and get ready to embark on this insightful journey!

Let's begin by examining the Months Supply of Inventory, which currently stands at 2.93. This metric represents the number of months it would take to sell all the available homes on the market if no new listings were added. A low months supply indicates a seller's market, where demand outstrips supply, and vice versa. In our case, with a relatively low supply, buyers might face some competition, which could potentially drive up prices.

Now, let's shift our focus to the 12-Month Change in Months of Inventory, which showcases a negative 5.18%. This indicates a decreasing trend in the availability of homes, suggesting that the supply is diminishing over time. For sellers, this could translate into higher demand and potentially higher selling prices, as competition among buyers intensifies.

Moving on, we have the Median Days Homes are On the Market, which currently stands at 52. This metric represents the average number of days it takes for a home to be sold. A lower median days on the market generally indicates a fast-paced market where properties are swiftly snatched up. For sellers, this suggests that their homes have a good chance of being sold relatively quickly. Conversely, for buyers, it signifies a need for prompt decision-making to secure their desired property.

Next up, we have the List to Sold Price Percentage, which sits at an impressive 97.7%. This metric measures the percentage of the listing price that homes are typically sold for. A higher percentage indicates that homes are selling close to or even above their listing price, which is great news for sellers. It suggests that the market is strong and that buyers are willing to pay a premium for desirable properties.

Lastly, let's take a look at the Median Sold Price, which currently stands at a substantial $883,896. This metric represents the midpoint of all sold prices in the market. For sellers, this figure indicates the potential value they can expect to receive for their property. On the other hand, for buyers, it serves as a benchmark for property prices in the area.

Now that we have analyzed each metric individually, let's examine the correlation between them. The low Months Supply of Inventory, coupled with the decreasing trend in the 12-Month Change in Months of Inventory, suggests a market favoring sellers. This is further supported by the high List to Sold Price Percentage, which indicates that sellers are achieving favorable prices for their properties.

Additionally, the relatively low Median Days Homes are On the Market suggests that buyers need to act swiftly when they come across a property they are interested in. This further reinforces the notion of a competitive market.

Lastly, the high Median Sold Price of $883,896 reflects the overall strength of the market and the potential value that sellers can expect to receive.

In conclusion, the real estate market we are exploring today appears to be leaning towards a seller's market, with low inventory, high list to sold price percentage, and a relatively high median sold price. For buyers, this means they must be proactive and prepared to make quick decisions, while sellers can anticipate favorable selling conditions and potentially higher prices for their properties.

Thank you for joining us on this journey through the world of real estate metrics. We hope you found this analysis engaging, truthful, and informative.

11/16/2023

***SUMNER COUNTY***
Market Update

Good afternoon, Buyers and Sellers. Today, I would like to discuss the correlation between several key real estate metrics that can greatly impact your decision-making processes. By analyzing the data provided, we can gain valuable insights into the current state of the market and make informed decisions.

Firstly, let's take a look at the Months Supply of Inventory, which is currently at 2.7. This metric represents the number of months it would take to sell all the available homes if no new properties were listed. A lower value indicates a seller's market, where demand outweighs supply, leading to potentially higher prices and quicker sales.

Now, let's consider the 12-Month Change in Months of Inventory, which shows a positive growth of +4.65%. This increase suggests that there has been a slight shift towards a more balanced market, with a slightly greater supply of homes compared to the previous year. It's important to note that this growth is relatively modest, indicating that the market remains relatively stable.

Moving on, we have the Median Days Homes are On the Market, which currently stands at 40. This metric represents the average number of days it takes for a home to sell once it is listed. A lower value indicates a faster-paced market, where homes are being snatched up more quickly. In this case, with a median of 40 days, we can infer that the market is fairly active, offering potential sellers a reasonable chance of finding a buyer within a reasonable timeframe.

Next, let's consider the List to Sold Price Percentage, which sits at a healthy 98.9%. This metric measures the percentage of the listed price that a home ultimately sells for. A higher percentage indicates that sellers are receiving offers close to their asking prices, suggesting a strong market. In this case, with a percentage of 98.9%, we see that sellers are generally receiving offers very close to their initial listing prices, indicating a favorable market for sellers.

Lastly, we have the Median Sold Price, which currently stands at $445,000. This metric represents the middle point of all the home prices sold, meaning that half of the homes sold for more than $445,000, and half sold for less. By considering this value, potential buyers and sellers can gain a sense of the current price range within the market. In this case, with a median sold price of $445,000, we can infer that the market is relatively stable, without any significant fluctuations in prices.

In summary, when considering the correlation between these real estate metrics, we can gather that the market currently leans towards a seller's market, with a relatively low supply of homes and a high list to sold price percentage. However, the 12-month change in months of inventory suggests a slightly more balanced market. Additionally, with a median days on the market of 40, we can conclude that the market is relatively active. Finally, the median sold price of $445,000 indicates a stable market without any major price fluctuations.

By understanding these correlations, both buyers and sellers can make more informed decisions and approach the market with confidence.

Call now to connect with business.

11/16/2023

***ROBERTSON COUNTY ***
Real Estate Update
Ladies and gentlemen, welcome to today's real estate metrics analysis! Whether you're a buyer looking for the perfect home or a seller seeking to maximize your property's value, this information is tailor-made for you. So, let's dive right in and explore the fascinating correlation between these real estate metrics.

First up, we have the "Months Supply of Inventory," which currently stands at 2.29. This metric represents the number of months it would take to sell all the homes on the market if no new properties were listed. A lower number indicates a seller's market, where demand outpaces supply. With a 2.29-month supply, we can confidently say that the market is favoring sellers at the moment.

Now, let's examine the "12-Month Change in Months of Inventory," which shows a downward trend of -21.84%. This means that over the past year, the supply of available homes has decreased significantly. Such a decline signifies a tightening market, further indicating the advantageous position of sellers. Buyers, take note and be prepared for potential competition!

Moving on to the "Median Days Homes are On the Market," we observe that it currently stands at 55 days. This metric measures the average amount of time it takes for a home to sell once it's listed. A lower number implies a faster-paced market, where properties are snatched up more swiftly. With homes spending just 55 days on the market, buyers need to act promptly when they find a property they love.

Next, we have the "List to Sold Price Percentage," which impressively stands at 98.6%. This metric reveals the percentage of the listing price that sellers actually receive when their homes are sold. A higher percentage indicates that sellers are getting closer to their asking prices, suggesting a robust market. In this case, sellers can take comfort in the fact that they are likely to receive a substantial portion of their desired price.

Finally, let's discuss the "Median Sold Price," which currently sits at $387,380. This metric represents the middle point of all the home prices sold in a given period. It provides a snapshot of the overall market value. With a median sold price of $387,380, buyers can assess the general price range of properties in this market.

In conclusion, buyers and sellers, we've explored a range of real estate metrics that offer valuable insights into the current market conditions. From the low months supply of inventory and declining trend to the fast-paced nature of home sales and strong list to sold price percentage, the data suggests that sellers have an advantage. However, buyers should remain vigilant and be prepared to act swiftly. With a median sold price of $387,380, both parties can gain a better understanding of the market's price range.

Remember, knowledge is power in the real estate world, and armed with this information, you can make confident decisions that align with your goals. Happy buying and selling!

10/25/2023

You can also follow on Instagram to see more.

10/25/2023

1. "🏡 Market Update 📈: Nashville, TN 🎸
As a REALTOR with NextHome Music City Realty, I'm here to keep you informed about the local market. Currently, there's a low inventory with only 3.01 months supply available. Over the last 12 months, we've seen a positive trend with a 2.38% increase in months supply. 📊 "

2. "🔍 Did you know? The list to sold price percentage in Nashville, TN is an impressive 97.6%! This means that sellers are getting close to their asking price when they sell their homes. If you're considering selling, now might be the perfect time! Contact me, Mary Presley, your trusted REALTOR, to discuss your options. 🏡💼 "

3. "📅 Median Days on Market Update ⏰: Nashville, TN 🎸
Homes in Nashville are selling fast! The median days on market is currently 54 days, which indicates a high demand in the area. If you're a buyer, it's important to act quickly when you find a property you love. And as a seller, this highlights the opportunity for a timely sale. Let's work together to navigate the market and find your dream home or sell your property. 🏡💼 "

4. "💰 Market Update: Median Sold Price 💲💲
In Nashville, TN, the median sold price stands at $531,500. This reflects the value and growth potential of our local real estate market. Whether you're buying or selling, it's crucial to have a knowledgeable professional on your side. As a REALTOR with NextHome Music City Realty, I'm here to guide you through the process and help you achieve your real estate goals. 🏡💼 "

5. "🌆 Nashville Real Estate Update 🏠📈
September 2023: The real estate market in Nashville, TN is buzzing! With a low inventory of 3.01 months supply and a positive 2.38% increase in supply over the last year, it's an opportune time for both buyers and sellers. Whether you're looking to buy your dream home or sell for maximum value, I'm here to provide expert guidance and support. Let's make your real estate goals a reality! 🎯🏡 "