Williamson County Real Estate: Tennessee: Spring Hill

Spring Hill Home Sales were up 108 percent in October compared to October of 2010 with 54 closings compared to 26. The prices of Spring Hill homes increased also with the average sales price of $209,210 this October compared to $200,929 in 2010, and increase of 4 percent. 

 My assessment of the Spring Hill real estate market is that the big jump will happen when the I-65 expansion is completed in the next few months. The biggest complaint that most people have with Spring Hill is the traffic, and that issue will be taken care of. So I'm telling my customers that Spring Hill homes will probably sell much faster in the coming year.

• 54 Spring Hill homes closed in the month of October compared to 26 last year
• the price of Spring Hill homes averaged $209,210 compared to $200,929 last October, a 4 percent increase
• the average size of homes sold was 2283 square ft compared to 2284 square feet last year
• days on market was 89
• 72 Spring Hill homes are currently pending sale
• 368 Spring Hill homes are currently listed in the Nashville MLS as available for purchase, but 97 of these are new homes and most will probably not be finished yet
• the absorption rate of Spring Hill homes is 6.8 months

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Spring Hill Homes Sales for September 2011

• 46 Spring Hill homes sold in the month of September
• 66 Spring Hill homes are currently pending sale
• the average sales price of homes sold in Spring Hill was $205,599
• days on market averaged 81 days for homes sold
• 362 Spring Hill homes are currently listed in the Nashville Mls as available for purchase
• the absorption rate for Spring Hill homes based on September sales in now a little over 7 months

Spring Hill is located 30 miles south of Nashville and neighbors Franklin to the north and Columbia to the south. Spring hill is on the border of Williamson county and Maury county and all of zipcode 37174 with most of the homes in the more expensive Williamson county side.

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Other Nashville Neighborhoods

Abbottsford	Annandale	Avalon
Belle Meade	Burton Hills	Carronbridge
Courtside	Cool Springs	Dallas Downs
Evergreen	Falcon Creek	Fieldstone Farms
Forest hills	Forrest Crossing	Franklin Green
Governors Club	Green Hills	Laurelbrooke
Ladd Park	Mcgavock Farms	Mckays Mill
Montclair	Luxury Homes	Murfreesboro
Newport Crossing...	Brentwood Pointe...	Polk Place
Princeton Hills	Providence	Raintree Forest
Riverwalk	Sullivan Farms	Sylvan Park
Wades Grove	Wakefield	Westhaven

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information on this page is based on information on single family homes for sale in Spring Hill per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

 

 

Spring Hill  Home Sales up 30 Percent in August - It's not surprise to most of the locals, but homes sales in Spring Hill Tn are up again compared to August of 2010 with 64 closings compared to 49. The average sale price of Spring Hill homes was $210,458, and the average days on market was down to 98. Spring Hill is following the pattern of the rest of Williamson county with strong sales and a decreasing inventory.

• 64 Spring Hill homes closed during the month of August
• the average sale price of homes for the month was $210,458
• average days on market was 98
• 76 Spring Hill homes are currently pending sale
• 375 Spring Hill homes are currently listed in the Nashville MLS as available for purchase

The absorption rate for Spring Hill homes based on August sales are the current inventory is now less that 6 months, back to the balanced market that most of us were hoping to be. I expect the lack of building to cause a critical shortage of homes in Spring Hill and Franklin soon, because the demand has picked up considerably. Search for Spring Hill homes here

Wades Grove Homes sales 2011 - Just when we all thought the Spring Hill homesmarket was dead, July came and homes started moving at a pace we haven't seen in years.

 The community pool in Wades Grove that John Maher had been trying to get thought the zoning board for years finally passed, and within a very short time frame was finished and open to the community.

 The access to Spring Hill via I-65 that everyone complains about now seems to really be making progress, and at the rate it's going should be finished late this year or early next year. I predict that it will make a major impact on the volume and price of Spring Hill real estate.

• 13 Wades Grove homes have sold for the first 8 months of 2011
• the average price of homes sold in Wades grove this year has been $233,483
• average size of Wades Grove homes sold so far has been 2596 square feet
• 7 homes are currently pending
• 13 Wades grove homes are currently listed in the Nashville MLS as available for purchase

Wades Grove is an all brick community in the Williamson county side of Spring hill developed by John Maher builders. Homes from 1400 to over 4000 square feet are available and prices range from aroung $180,000 to over $350,000.

Search for Wades Grove Homes here

Spring Hill Homes sales for the month of July were up 83 percent compared to July of 2010 with 77 closings compared to 42 last year. The average price of Spring Hill homessold was $204,299 and the average days on market was only 89 days. If you've been reading my posts, you know that all of the Williamson county areas have seen an increase on home sales, and Spring hill is no different.

• 77 Spring Hill homes closed in the month of July 2011 compared to 42 closings last year an 83 percent increase
• the average price of Spring Hill homes was $204,299
• days on market for homes sold was 89
• the average size of homes sold in Spring Hill was 2234 square feet
• 82 Spring Hill homes are currently pending sale
• 395 Spring hill homes are currently listed in the Nashville Mls as available for purchase
• the absorption rate for Spring Hill homes based on current inventory and July sales is now 5 months

All of these statistics are based on Spring Hill homes in Williamson county. I am of the opinion that with the eminent completion of the I-65 project and the persistant growth of corporate offices in Franklin and Cool Springs, that Spring Hill home sales will continute to be strong for the next few years.

Search for Spring Hill homes here

Spring Hill Home Sales for June were active and show signs of entering into a balanced market. Most realtors consider a 6 month absorbtion rate as balanced, The absorbtion rate for Spring Hill homes currently is 7 months based on Junes sales and the current inventory level. 

 The reason for the increase of closing I feel is back to value. Homes in Spring Hill are considerably more cost effective than a similar size home in Franklin of Brentwood.

• 59 Spring Hill homes closed for the month on June
• the average sales price for Spring Hill homes closed was $204,475
• average days on market was 109
• 414 spring hill homes are currently listed in the MLS as available for purchase
• 93 Spring Hill homes are currently pending sale

Search for Spring Hill Homes here

1004 Persimmon drive in Wakefield, a John Maher community in Spring Hill Tennessee. Enjoy the fantastic yard bordering Willamson county school Longview elementary, and the fantastic Longview recreation center is a 5 minute walk from your front porch.

Larry Brewer | Keller Williams | 615-512-7853 persimmon, Spring Hill, TN Spring Hill Home in Wakefield 3 bedrooms with master down and large bonus room, hardwoods, fenced, like new condition. 3BR/2BA Single Family House   offered at $159,900 Year Built 2004 Sq Footage 1,671 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 2 Parking 1 Car garage Lot Size 7,000 sqft HOA/Maint $30 per month   see additional photos below PROPERTY FEATURES - Central A/C - Central heat - Hardwood floor - Living room - Bonus/Rec room - Breakfast nook - Dishwasher - Stove/Oven - Microwave - Balcony, Deck, or Patio     COMMUNITY FEATURES - Swimming pool(s)       ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info: Larry Brewer Keller Williams 615-512-7853 For sale by agent/broker Equal Opportunity Housing Posted: May 11, 2011, 8:30am PDT

Spring Hill Homes Sales for March 2011 - With old man winter slow to leave the south this year, you might think that home sales would be down, but it didn't happen. People are ready to move, and 55 Spring Hill homes closed in March, a 10 percent increase over March of 2010. The average price of homes sold was $193,077 and the average size of homes sold was 2174 square ft. 66 Spring Hill homes are currently pending sale, and 436 homes are listed in the Spring Hill MLS as available for purchase.

The absorbtion rate based on March closings is 8 months, but based on the pending sales, It's headed into more of a 6 month absorbtion rate.

• 55 Spring Hill homes sold in the month of March
• 66 homes are currently pending
• 436 homes are currently available
• the average sales price of Spring Hill homes was $193,077
• the average days on market for homes sold in Spring Hill was 103

Several encouraging announcements were made concerning Spring Hill in the last month. The Mars corporation is moving it's corporate office currently in leased office space in Cool Springs to a new 500,000 square ft office building to be built at the corner of Columbia highway and I-840. The president of the UAW announced that the GM plant in Spring Hill may reopen as soon as September. A theme park was announced and land has been rezoned for commercial use south of Saturn Pkwy in Spring Hill, we are still waiting for a plan to fund the project. But the best news is that the project to widen I-65 is under way, and will soon eliminate the frustration and danger of stop and go traffic during rush hour on the interstate. Search for Spring Hill homes here

3015 Honeysuckle drive in Spring Hill - All brick single story with an open floor plan, hardwood floors, and a screened porch overlooking a fantastic yard.

>This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, Murfreesboro, and the middle Tennessee area