Spring Hill Real Estate statistics for October
State of the Spring Hill Market from October 1st through October 30 2007. THis is the WIlliamson county side of Spring Hill.
For the month of October, 30 properties were closed in spring hill in Williamson County.
Average price of $267,415
Average size of 2389 sq ft
Average days on market of 89
Average per ft of 112
This compares to 2006 totals of 81 properties closed in October
Average price of $283,749
Average size of 2621 sq ft
Average days on market of 45
Average price per sq ft of 108
The statistics tell us that home sales in Spring hill are much slower in October of 2007 than 2006, and that the average home is 10 percents smaller and less expensive. The price per square ft has gone up from 108 to 112, and the days on market have almost doubled from 45 to 89. At the current rate of sales, we have approximately 10 months of inventory. Currently 23 homes are under contract to close.
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