Spring Hill TN Real Estate Market Update November 2011

By
Real Estate Agent with Gray Fox Realty TN Lic #300607

Spring Hill TN Real Estate Market Update November 2011

To see the above table sorted by zipcode in Williamson county for November 2011 click here.  These tables include 6 months of closed sales and 3 months worth of pending home contracts.  The table is proprietary from The Grumbles Team and may not be copied, however we would be glad to field any questions about the data.

The average price of a home for sale in Spring Hill, TN is $259,681.  Spring Hill is an active market with only 6.0 months of inventory compared to 6.7 for the county and only beaten out by Nolensville at 5.7 months of inventory.  Active home listings have dropped on average only 1.% during the listing period. Here are a few homes that would be considered average homes for sale in Spring Hill, TN.

Our analysis shows that 208 homes have sold in Spring Hill in the past six months making it the 3rd most active city in Williamson County.  The average price of a home that has sold in the past 6 months in Spring Hill  is $231,271 which is a close to the average listed price. Homes that sold in the past 6 months had the sellers drop the price only about 0.7% and then during negotiations they dropped the price another 1.5%.  These figures are teh strongest amonth the big 3 cities in Williamson County, so Sellers have opportunity to sell now.

Interested in buying Spring Hill, TN properties at distressed prices?  See the Spring Hill Foreclosure list.

If you are considering to sell your home in Spring Hill then you need The Grumbles Team to explain these numbers to you and how they affect the sales price of your home so contact the listing agents that know the market  and lets sell your home.  Also if you are wondering if you have equity in your home we can help you understand that and explain a short sale to you. We can be reached by any of the social media below or by calling or texting 615-587-5843.

 

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale

The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.

Your Williamson County REALTOR!

EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555

 Williamson County Real Estate Agent

Each EXIT Office Independently Owned and Operated

withEXIT:http://www.withexit.com/apps/blog/show/10286330-spring-hill-tn-real-estate-market-update-november-2011

Exit Mid-Atlantic:http://www.exitmid-atlantic.com/apps/blog/show/10286446-spring-hill-tn-real-estate-market-update-november-2011

HubRec:http://www.hubrec.com/apps/blog/show/10286528-spring-hill-tn-real-estate-market-update-november-2011

ActiveRain:

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Rainer
1,568
Imma Joke
Mesa, AZ

Looks like a pretty sharp decline in monthly inventories over the past 6 months.  That a good thing?

Dec 01, 2011 06:52 AM #1
Rainmaker
106,729
Mike Grumbles
Gray Fox Realty - Franklin, TN
The Relocation Engineer in Franklin TN

Sure is a positive metric and the news of GM is not that old so it was going down and will drop sharply with GM moving in agin.

 

 

Dec 01, 2011 09:37 AM #2
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Rainmaker
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Mike Grumbles

The Relocation Engineer in Franklin TN
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