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
Great information Larry, always good to see what the average is in the area.
THanks will, the averages have been creeping up for the last few months in Spring Hill, as well as Franklin and Brentwood.