Williamson County Real Estate: Spring Hill Real Estate Report June 2012

Spring Hill Real Estate Report June 2012

Spring Hill PlaceSpring Hill Tn Homes Sales Increase 41 Percent in June - With 55 closings, Spring Hill Tn homes sales has had the best month in a long time in June, and with 81 homes currently pending sale, it looks like the trend will continue in July. Prices of Spring Hill TN are climbing, but thankfully at a slower rate with the average price of sold homes being $245,918, an increase of 2% over last year. With only 233 active listing in Spring Hill, the absorption rate is down to 4 months, a sure sign that prices are heading up.

  • 55 Spring Hill tn homes sold in the month of June compared to 39 last year
  • average days on market is down to 88 days
  • 81 homes are currently pending sale
  • the average size of homes sold was 2538 square feet, putting the price per square foot average at $97
  • the list price to sales price ratio was 97%
  • the absorption rate of homes based on June sales is now 4 months
  • 233 Spring Hill Tn homes are currently listed in the Nashville MLS as available for purchase

Spring Hill Tn homes sales have been increasing every month this year, and unfortunately for buyers, the inventory of homes is shrinking rapidly. The biggest reason for the growth is all about value, you can still get a new or almost new home in Williamson county for around $100 per square foot. You get great school, low taxes, and a small town atmosphere just 15 minutes south of Franklin and Cool Springs. Search for Spring Hill homes here Spring hill Homes for sale

  

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