Williamson County Real Estate: Spring Hill Home Sales July 2011

Spring Hill Home Sales July 2011

Spring Hill  HomeSpring 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.

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9 commentsLarry Brewer Nashville Real Estate • August 15 2011 07:57PM

Comments

Good evening, Larry. Nice to see that real estate is picking up in Spring Hill...

Posted by Michael Thornton - Nashville, TN area Home Inspector - 615.661.0297 (Complete Home Inspections, Inc.) 9 months ago

Micheal - Real estate is picking up in all of the areas I cover. I expect Spring Hill to be very busy when the I-65 project is finished later this year.

Posted by Larry Brewer Nashville Real Estate (Benchmark Realty LLc) 9 months ago

It is good to see that Spring Hill is on the rise again.  I know the I-65 construction has put a damper the past year but with that nearing completion people will see that Spring Hill is only a few minutes from everything you need to get to.

Posted by Mike Nastri Franklin TN Homes (Keller Williams Realty) 9 months ago

Larry - Excellent real estate market report for Spring Hill home sales in July 2011.

Posted by Michelle Gibson REALTORĀ® Wellington Florida Homes for Sale (Hansen Real Estate Group Inc. ) 9 months ago

Mike - I think that's what's happening, and with most of the affordable homes in Franklin already sold, your best choice is Spring Hill.

Posted by Larry Brewer Nashville Real Estate (Benchmark Realty LLc) 9 months ago

Spring hill will be the growth area of the future in Williamson county, and as soon as the I-65 expansion is completed, I wxpect an explosion of businesses to relocate to the I-840 and I-65 area. It's a food economic decision.

Posted by The Brewer Group Franklin TN Homes (Benchmark Realty) 9 months ago

Spring Hill is gorgeous and looking at your listings - affordable also!

Posted by Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com (BrokerThe Force Realty-REALTOR-Estate-Probate-REO-Short Sale) 9 months ago

Affordable living in Spring Hill - and your stats there are fantastic!  And, you know I'm still green with envy of your cool DS map!!

Posted by Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods (iCharlotteRealEstate.com Savvy + Company Real Estate) 9 months ago

The search map on this is a fantastic feature that makes this post informative and functional

Posted by The Brewer Group Franklin TN Homes (Benchmark Realty) 9 months ago

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