NASHVILLE, Tenn. (Jan. 9, 2012) – There were 1,773 closings during the month of December, according to figures provided by the Greater Nashville Association of REALTORSⓇ. This is an 18.2 percent increase from the 1,500 closings reported for the same period in 2010.

Fourth quarter closings are 5,093 for Greater Nashville. That total is up 17.9 percent from the 4,321 closings during the fourth quarter of 2010.

Final numbers for 2011 show there were 20,624 homes sold in the region, according to figures provided by the Greater Nashville Association of REALTORSⓇ. Compared to the prior year, the final figures are up 1.8 percent. There were 20,250 closings in 2010.

“2011 was a very important year for home sales. It is the first year since 2006 that there was an increase over the number of closings in the prior year. While the increase is small, it is a very encouraging sign. The year-over-year increase is most significant because in 2011 there were no stimulus or tax-credit incentives like those available in 2010,” said GNAR President Kendra Cooke. “The double-digit increase for closings in December marks the sixth consecutive month of increased home sales, so the 4th quarter numbers are also up significantly.

The Greater Nashville Association of REALTORSⓇ is one of Middle Tennessee’s largest professional trade associations and serves as the primary voice for Nashville- area property owners. REALTORⓇ is a registered trademark that may be used only by real estate professionals who are members of the National Association of Realtors and subscribe to its strict code of ethics.