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Spring Hill Tn Homes Market Report October 2013
Spring Hill homeSpring Hill TN Homes Market Report - Spring Hill Tn home prices increased an average of 15.8% in September compared to the same month last year. The number of homes sold showed a modest increase of just 5% with 60 closings, due probably to the sever lack of inventory. With an absorption rate of 3 months, Spring Hill TN homes are currently in a sellers market.
  • 60 Spring Hill TN homes sold in the month of September compared to 57 last year
  • The average sales price increase 15.8% in the last 12 months to $275,853
  • average days on market is down to 56 days
  • The absorption rate of Spring Hill TN homes is down to 3 months
  • 83 homes are currently pending sale
  • the list price to sales price ratio was 99%
  • 203 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 not increasing. 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 $107 per square foot, based on September sales. The average price per square foot in Franklin was $149 during the same period, so you can see the difference. With a Spring Hill Home, you get great Williamson county schools, low taxes, and a small town atmosphere just 15 minutes south of Franklin and Cool Springs. Search for Spring Hill Tn homes here Spring hill Homes for sale

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 homes 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 homes come on the market or price reductions in Spring Hill homes are posted. A new client of mine has opened a clinic call new beginnings. This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area    

Published Monday, October 21, 2013 3:46 PM by larry Brewer

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