Market report, updated

Market Report

Search in the subdivision of Southmeade

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Report prepared by Mercergrouprealtors.com Mercer Group LLC

Market at a glance

Over the last 6 months, homes sold for 93.8% of list price in 38 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.1M Sold · $1.02M
$1.4M$1.2M$1M$800K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Jun. Last month: 0.

Where the market stands

All homes in this report, by status.

8homes
Active4 · 50%
Under contract1 · 12%
Sold (6 mo)3 · 38%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

8.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.85M
Under contract$799K
Sold$1.1M

Average days on market

Active64 days
Under contract251 days
Sold38 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $1,849,925
Avg. days on market 64 days
Avg. price per ft² $441
Avg. living area 3,561 ft²
Avg. beds / baths 4.0 / 4.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$6M$4M$2M$0

Price vs. living area: 4 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 4 homes in this status.

4419 Prescott Rd$641
4425 Prescott Rd$422
4328 Morriswood Dr$402
4340 Morriswood Dr$300

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4328 Morriswood DrNashville, TN 37204 431,990$800,000$40214 days
4340 Morriswood DrNashville, TN 37204 322,326$699,900$30043 days
4425 Prescott RdNashville, TN 37204 432,128$899,900$42253 days
4419 Prescott RdNashville, TN 37204 597,800$4,999,900$641146 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.