Davidson County Sees Early Gains Before Winter Storm Fern Stalls Closings
NASHVILLE, Tenn.(Feb. 9, 2026) – There were 1,825 home closings reported for the month of January, according to figures provided by Greater Nashville REALTORS®. This figure is down 4 percent from the 1,905 closings reported for the same period last year.
“While the overall Greater Nashville region experienced a four percent decrease in closings, parts of the region saw an increase in homes under contract,” said Jack Gaughan, Greater Nashville REALTORS® president.
A comparison of sales by category for January is:
2025
2026
CLOSINGS
1,905
1,825
Residential
1,488
1,428
Condominium
283
240
Multi-Family
12
15
Farms/Land/Lots
122
142
There were 2,100 sales pending at the end of January, compared to 2,185 pending sales at this time last year. The average number of days on the market for a single-family home was 65 days.
The median price for a residential single-family home was $485,598, and for a condominium it was $350,000. This compares with last year’s median residential and condominium prices of $490,000 and $339,000 respectively.
Inventory at the end of January was 11,795, up 9 percent from 10,821 in January 2025.
The current inventory of properties by category, compared to last year, is:
2025
2026
INVENTORY
10,821
11,795
Residential
7,163
7,803
Condominium
1,847
2,099
Multi-Family
92
115
Farms/Land/Lots
1,719
1,778
“Interest rates dropped at the start of the year, which led to a boom in mortgage applications,” Gaughan added. Unfortunately, widespread damage and power outages from Winter Storm Fern froze out the market in the last week of January -- causing a delay in closings and impacting homes under contract leading into February.”
For more information about Greater Nashville market data or to schedule an interview, please contact Blake Stewart at 615-513-9145.
About Us: Greater Nashville REALTORS® is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville-area property owners. REALTOR® is a registered trademark that may be used only by real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict code of ethics.
The data collected for this release represents nine Middle Tennessee counties: Cheatham, Davidson, Dickson, Maury, Robertson, Rutherford, Sumner, Williamson and Wilson.