The Long & Foster Market Minute

FOCUS ON: DAVIDSON COUNTY HOUSING MARKET AUGUST 2025

Units Sold
208
Active Inventory
470
Median Sale Price
$299,990
Days On Market
47
Up 10%
Vs. Year Ago
Up 5%
Vs. Year Ago
Down -2%
Vs. Year Ago
Up 9%
Vs. Year Ago

Units Sold
There was an increase in total units sold in August, with 208 sold this month in Davidson County Real Estate versus 184 last month, an increase of 13%. This month's total units sold was higher than at this time last year, an increase of 10% versus August 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 22 units or 5%. The total number of active inventory this August was 470 compared to 448 in August 2024. This month's total of 470 is lower than the previous month's total supply of available inventory of 481, a decrease of 2%.

Median Sale Price
Last August, the median sale price for Davidson County Homes was $305,000. This August, the median sale price was $299,990, a decrease of 2% or $5,010 compared to last year. The current median sold price is 8% lower than in July.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
234
Current Contracts
190
Sold Vs. List Price
98.3%
Months of Supply
2.3
Up 4%
Vs. Year Ago
Down -4%
Vs. Year Ago
Down -1.7%
Vs. Year Ago
Down -5%
Vs. Year Ago

Months of Supply
In August, there was 2.3 months of supply available in Davidson County, compared to 2.4 in August 2024. That is a decrease of 5% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 234 homes newly listed for sale in Davidson County compared to 226 in August 2024, an increase of 4%. There were 190 current contracts pending sale this August compared to 198 a year ago. The number of current contracts is 4% lower than last August.

Sale Price to List Price Ratio
In August, the average sale price in Davidson County was 98.3% of the average list price, which is 1.7% lower than at this time last year.

Days on Market
This month, the average number of days on market was 47, higher than the average last year, which was 43, an increase of 9%.

The Long & Foster Market Minute
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by TRIAD and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIAD or Long & Foster Real Estate, Inc.