What's it Worth: July 2013

Our monthly look at four homes at different price points

Home sales in Nashville continue their improvement, having now seen gains for 22 straight months.

For example, the Greater Nashville Association of Realtors recently reported 3,038 home closings in June, a 24 percent increase over the figure for June 2012.

The median price for a single-family home during May was $205,000, the first time ever that figure has been more than $200,000.

Through the first six months of the year, 14,859 homes area sold, compared to the 11,994 in 2012 — also an increase of 23.8 percent.

Inventory in June was about 16,576 homes, drop from the May number and a four-month supply given current sales rates. As inventory is dropping, the average time for a home to stay on the market is down to 73 days.

With these numbers as a backdrop, here are four recent sales at various price points.