Spring Hill TN Homes for Sale - 92 homes closed during the month of July in the Williamson county side of Spring Hill compared to 74 for the same month last year, an increase of 24%. The average price of Spring Hill Tn homes is increasing with the average price of homes sold during the month increasing 9% compared to July of 2014. Spring Hill homes are in a sellers market with an absorption rate of 2 months.
- 92 Spring Hill homes sold in the month of July compared to 74 last year
- The average sales price for homes sold was $289,981 an compared to the $266,598 last year
- average days on market is down to 54 days,
- 137 Spring Hill homes are currently pending sale
- the list price to sales price ratio of sold homes was 99%
- the absorption rate of homes based on Juy sales is now 2 months
- 173 Spring Hill homes are currently listed in the Nashville MLS as available for purchase
The top selling Spring Hill neighborhoods in Williamson county for the month of July are as follows
- Arbors at Autumn Ridge
- Chapmans Retreat
- Cherry Grove
- Ridgeport
- Spring Hill Place
- Wades Grove
- Willowvale
Spring Hill TN real estate is now in a very hot sellers market where almost all of the new construction homes are under contract long before they are finished, and the builders have been able to increase prices several times during 2014 putting the new homes at prices that are exceeding the peak in 2006. With the demand of homes in Williamson county predicted to increase for years to come, it would seem like Spring Hill Tn real estate would be a good investment as well as a nice safe place live with top ranked Williamson county schools and low taxes.
When the interstate I-65 construction is finished at the Peytonsville exit, you can expect the traffic problems to become less of an issue and prices to make dramatic increases for neighborhoods south of Franklin.
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