June 2025 Nashville Real Estate Market Update

June brought a major spike in buyer activity, but with inventory on the rise, sellers should act now before the balance shifts further in favor of buyers.

There’s been a clear shift in the Nashville housing market this summer, and both buyers and sellers should take note. New data from June shows a noticeable increase in buyer activity, but the market is also gradually shifting toward more buyer-friendly conditions. Whether you're planning to sell now or thinking ahead, here’s what you need to know:

Homes under contract are up nearly 10%. In the last 30 days, we’ve seen an almost 10% increase in homes going under contract. That’s the strongest activity we’ve seen since early 2024. It’s a sign that more buyers are stepping off the sidelines and making offers.

May's slowdown helped create the jump. May is often a slower month due to school schedules and family obligations. That dip in activity likely contributed to the boost we’re seeing now, as many buyers shifted their plans into June.

Absorption rate is trending up. The absorption rate—which measures how long it would take to sell all available homes if no new listings came on the market—is now just over five months. That’s a clear sign the market is shifting. A seller’s market typically has less than three months of inventory.

"June’s housing data shows rising buyer demand and a slow trend toward a buyer’s market."

We're approaching a buyer’s market. We haven’t hit the full buyer’s market threshold yet (which starts at six months of inventory), but we’re getting close. This shift is happening gradually, and it matters for sellers who are planning to list soon.

The average days on market is rising. Currently, homes are staying on the market for approximately 30 days. That’s longer than we’ve seen in previous high-demand markets. Sellers should prepare for a slower process and more negotiation as buyers gain leverage.

What does this mean for you? If you're selling, this is still a solid window. Prices remain stable, and buyer activity is strong. But things are moving toward a more balanced market. That means your pricing and timing strategy need to reflect current trends, not last year’s numbers.

If you’re planning to make a move or just want to understand how these shifts affect your home, feel free to reach us at (615) 315-9223. We're here to help you make a smart, informed decision in today’s market.