June: Nashville’s Peak Moving Season—What Buyers and Sellers Need to Know

June: Nashville’s Peak Moving Season—What Buyers and Sellers Need to Know

June stands out as the busiest month for moving in the U.S., with nearly 45% of annual moves occurring between May and August, and June leading the pack. This surge is driven by families aiming to relocate before the new school year, favorable weather conditions, and extended daylight hours that facilitate home viewings and moving logistics. [Source]

In Nashville, this trend is particularly evident. The city has experienced significant inbound migration, with Tennessee ranking among the top states for relocation. This influx has led to increased demand in the housing market, especially during the summer months. [Source]

However, June 2024 saw a 13% decrease in home sales compared to the previous year, attributed to high property values and prevailing interest rates. Despite this, home prices have risen by 6% year-over-year, indicating a resilient market. [Source]

For Sellers:

• June offers high visibility for listings due to increased buyer activity.
• Homes priced competitively and presented well can attract multiple offers.

For Buyers:

• A broader selection of homes is available, but competition is also higher.
• Acting swiftly and having pre-approval can provide an edge in this fast-paced market.