February 2025 Real Estate Market Update
The February 2025 real estate market brought exciting opportunities for both buyers and sellers in Franklin, Nashville, and the broader Middle Tennessee area. With changing trends in home prices, inventory, and new construction, there’s plenty of good news to share! Let’s dive into the latest updates for this thriving region.
Home Prices Show Resilience Across the Region
Home prices in Middle Tennessee continued to demonstrate strength, with the majority of counties experiencing year-over-year growth. Wilson County led the way with an impressive 10.0% increase, showcasing its appeal for homeowners and investors alike. These trends highlight the enduring value of homes in areas like Franklin, Nashville, and their surrounding communities.
A Healthy Balance in Market Activity
The real estate market in February 2025 remained dynamic, offering opportunities for both buyers and sellers. Counties like Cheatham, Davidson, and Montgomery continued to show strong activity, reflecting the high demand for homes in these vibrant areas. With plenty of movement in the market, now is a great time to make your real estate goals a reality.
Increased Inventory Brings More Opportunities for Buyers
Inventory levels in Middle Tennessee rose heading into March, providing buyers with more options to explore. With inventory ranging from 8.4 months of supply in Montgomery County to 4.9 months in Dickson County, the region offers diverse opportunities for those seeking their perfect home. This increase in inventory underscores the area’s growth and vitality.
More Time to Find the Perfect Home
Homes in the Middle Tennessee market spent an average of 41.9 days on the market in February, giving buyers ample time to discover the home that best fits their needs. This trend reflects a healthy, steady pace of transactions, allowing for informed decisions and smooth processes for all parties.
New Construction Continues to Shine
The region’s new construction market remains strong, with Maury County leading the way as 34.9% of sales over the past 12 months were new homes. Across Middle Tennessee, new homes accounted for an average of 24.7% of sales, showcasing the area’s ongoing growth and appeal for those seeking modern, move-in-ready homes.
A Win-Win Market for Everyone
For those looking to buy a home, the variety of options and steady market pace provide the perfect opportunity to find the right fit. Sellers, on the other hand, continue to benefit from the strong appeal of Middle Tennessee’s communities, which remain among the most desirable in the country.
Looking for Your Next Home in Franklin or Nashville?
Connect the LCT Team today to start your journey. Whether you’re a first-time buyer or looking for your dream property, Middle Tennessee’s market offers endless opportunities to invest in a community you’ll love for years to come. (615) 595-5883 or visit LCTTeam.com.