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Spring Hill Tn Homes Sales August 2012

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Home in Cherry GroveSpring Hill Tn homes market report - With 53 closings, Spring Hill home sales increased 59% compared to last August. The prices of homes are leveling out for now with the average price of homes sold being $254,285. With only 212 active listings in Spring Hill, the absorption rate is down to 4 months, a sure sign that prices will continue to increase.

  • 53 Spring Hill Tn homes sold in the month of August compared to 34 last year
  • Average sales price for homes sold was $254,285
  • average days on market is down to 85 days
  • 54 homes are currently pending sale
  • the list price to sales price ratio was 98.8%
  • 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

 

 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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Comments (6)

Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Larry, Spring Hill has a lot of good thing going for it. A 59% increase over last August is a very good increase in home sales. Nice looking in the photo.

Sep 14, 2012 11:02 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Thank You Larry,  Love hearing good news and 59% increase, that is really good news.  Have a gread day!

Sep 15, 2012 02:39 AM
Debbie Cook
Long & Foster Real Estate, Inc - Silver Spring, MD
Silver Spring and Takoma Park Maryland Real Estate

Great market post - looks like your market is normalizing!

Sep 15, 2012 08:46 AM
Cheryl Ritchie
RE/MAX Leading Edge www.GoldenResults.com - Huntingtown, MD
Southern Maryland 301-980-7566
Wow, what an accomplishment to have a Market Report featured. It is great visual presentation and packed with good info. Great job!
Sep 17, 2012 04:33 PM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Larry - That is a phenomenal list to sales price ratio for Spring Hill TN homes, buyers better be prepared to pay full price and not shop above their budget thinking they'll be able to negotiate.

Sep 20, 2012 10:48 PM