Williamson County Real Estate: Spring Hill Tn Market Report October 2012

Spring Hill Tn Market Report October 2012

SPring Hill home Spring Hill Tn homes market report - With 44 closings, Spring Hill home sales increased 37.5% compared to the 32 closings of last October.

The prices of homes continuing to climb with the average price of homes sold being $235,771 compared to $224,936 last year.

With only 217 active listings in Spring Hill, the absorption rate is less than 4 months, a sure sign that prices will continue to increase.

  • 56 Spring Hill Tn homes sold in the month of August compared to 29 last year
  • Average sales price for homes sold was $236,090
  • average days on market is down to 74 days
  • 78 homes are currently pending sale
  • the list price to sales price ratio was 99%
  • the absorption rate of Spring Hill homes based on October sales is now 5 months
  • 226 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 Williamson county schools, low taxes, and a small town atmosphere just 15 minutes south of Franklin and Cool Springs.

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For the most-up-to-date information on Spring Hill Tn home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Spring Hill Tn MLS listings come on the market or price reductions in Spring Hill Tn are posted. 

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Comment balloon 2 commentsLarry Brewer - Benchmark Realty llc • November 20 2012 06:14AM

Comments

It's time to BUY in Spring Hill TN!!

Posted by Thom Abbott, Midtown Atlanta GA Condos For Sale (MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living) almost 6 years ago

Thom - where you been. I haven't seen you on any posts lately, just facebook. You are correct, Spring Hill is hot right now.

Posted by Larry Brewer - Benchmark Realty llc (Benchmark Realty LLc) almost 6 years ago

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