The real estate website Realtor.com has calculated that this week is the best time to buy a house in the Nashville area.
The company analyzed data from 2016 to 2018 showing there is less competition and lower prices.
According to Realtor.com, list prices in the Nashville metropolitan area, which includes Williamson County and Murfeesboro, were about 1.7% lower during the week of Sept. 22 compared to the most expensive week of the year.
Additionally, homes selling at this time of year were on the market longer than the peak of home buying season. There was also about 27% less competition than the average week, according to the website.
Realtor.com reported that during the week of Sept. 22, nearly 6% of homes in the Nashville area saw a price reduction during the period analyzed.
The Williamson County Association of Realtors reported that the median price of a home in Williamson County was $529,950 in August. That’s up about 3% from the same time last year and up about 12% from the same time two years ago.
The number of closing were down slightly compared to August 2018. There were 598 closings last month and 613 a year ago.
The most expensive homes in Williamson County were located in Arrington, which had a median sale price of $809,000 last month. The most affordable homes were located in Fairview, which had a median sale price of $307,000.