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Spring Hill Tn Homes Market Report July 2012
Spring Hill Tn homeSpring Hill Tn Homes Market Report July 2012 - for anyone who's been watching my posts, this should be no surprise that prices on Spring Hill homes are increasing. The average price of homes sold in July was $246,815 compared to $222,294 last year, an increase of 11%. If you want to know why, this next statistic will tell you. 48 Spring Hill homes sold during the month with another 92 homes pending sale. With only 221 homes for sale in Spring Hill, that leaves us with only a 4.6 months absorption rate, and the inventory levels have been shrinking all year. Supply and demand are the driving forces for prices, and right now the demand is eating into the supply at a rapid pace driving prices higher.
  • 48 Spring Hill homes sold in July
  • the average sales price was $246,815
  • average days on market is down to 86
  • 92 Spring Hill Tn homes are currently pending sale
  • 221 Spring Hill Tn homes are listed in the Nashville MLS as available for purchase

Spring Hill Tn is located approximated 30 miles south of Nashville and 10 miles south of Franklin. The major attractions to Spring Hill are the fantastic Williamson county schools, low taxes, a very low crime rate, and a great quality of life.

Search for Spring Hill Tn homes here

Published Sunday, August 12, 2012 8:50 AM by larry Brewer

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