Sales of Spring Hill homes increased 17% in August 2015 compared to August of last year
95 homes closed during the month of August in the Williamson county side of Spring Hill compared to 81 for the same month last year. The median price of Spring Hill homes increase to $309,000 compared to $280,000 for the same period last year, an increase of 10%. Spring Hill homes are in a sellers market with an absorption rate of 2 months.
- the average price per square foot for homes sold during the month was $118 compared to $99 last year
- average days on market is down to 55 days,
- 121 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 August sales is 2 months
- 176 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
- Autumn Ridge
- Benevento
- Chapmans Retreat
- Cherry Grove
- Ridgeport
- Spring Hill Place
- Wades Grove
- Wakefield
- Willowvale
Spring Hill 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 2015 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 homes would be a good investment as well as a nice safe place live with top ranked Williamson county schools and low taxes. Search for Spring Hill homes here 
Comments(0)