Housing Inventory: Median Listing Price Month-Over-Month in Tennessee
MEDLISPRIMMTN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.01
Year-over-Year Change
-98.33%
Date Range
7/1/2017 - 7/1/2025
Summary
This economic trend measures the month-over-month change in the median listing price for homes in Tennessee. It provides insight into the state's housing market dynamics and price trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory: Median Listing Price Month-Over-Month in Tennessee series tracks the percentage change in the median price of homes listed for sale on a monthly basis. This metric is closely monitored by economists and policymakers to understand housing affordability and overall market conditions in the state.
Methodology
The data is collected and calculated by Realtor.com based on their listing information.
Historical Context
This trend is used by analysts to assess the health of Tennessee's housing market and inform policy decisions.
Key Facts
- Tennessee's median listing price rose 3.2% in June 2022.
- Homes in Tennessee spent an average of 30 days on the market in July 2022.
- The inventory of homes for sale in Tennessee increased by 5% year-over-year in August 2022.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage change in the median listing price for homes in the state of Tennessee.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and affordability of Tennessee's housing market, which is crucial information for policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on their listing information.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the state of Tennessee's housing market and inform decisions related to housing affordability, construction, and development.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be some delay in the most recent month's figures becoming available.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Month-Over-Month in Tennessee (MEDLISPRIMMTN), retrieved from FRED.