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Spring Hill TN Real Estate - July 2016

By
Real Estate Agent with Benchmark Realty 00285925

Spring Hill TN real estate for sale - Home prices are increasing rapidly in Spring hill with the average sales price for the month of June at 14% higher than the same month last year. All of the other signs of a sellers market are still obvious with the days on market just 62 days and the list price to sale price ratio of 99.4%. The absorption rate is le2001 Thurmond Ctss than 2 months. As long as interest rates stay low, you can expect prices to rise.

  • average days on market is 62 days
  • The average price of homes sold was $323,245, up 14% year over year
  • The list price to sales price ratio was 99.4% for the month
  • the absorption rate of homes based on June sales is now 6 weeks
  • 118 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase
  • 139 homes are currently under contract
  • 78 homes sold during the month of June

Investors are very active in Spring Hill and they are purchasing a lot of homes for rentals that would typically be purchased by first time home buyers. Search for Spring Hill TN real estate for sale here Spring hill Homes for sale

For the most-up-to-date information on Spring Hill real estate 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 MLS listings come on the market or price reductions in Spring Hill real estate are posted. information on this page is based on information on Spring Hill real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

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

   

Posted by

The Brewer team

Benchmark Realty

 

 

 

Comments(2)

Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

It looks like another healthy real estate market to me.

Jul 20, 2016 11:25 PM
The Brewer Team - Benchmark Realty
Benchmark Realty - Franklin, TN

Thanks for stopping by Harry. I should have responded sooner, but it's a busy summer.

Aug 24, 2016 01:02 AM