Spring Hill TN Real Estate - June 2021

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Spring Hill TN real estate for sale and May 2021 Market Report -   With most homes getting multiple offers the first day on market. 139 homes sold in May and only 33 homes are currently available for purchase

  • The average price of homes sold in Spring Hill during May increased 29% to $482,814 compared to $373,655  last year
  • The list price to sales price ratio of sold homes was 104.1% for the month
  • 33 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
  • 319 homes are currently under contract pending sale, most are new homes waiting for completion
  • the average price per square foot for Spring Hill homes sold during the month of May was $180 compared to $154 for the same period last year, an increase of 16.8%
  • The average days on market for Spring Hill homes is down to 6 

Inventory levels are extremely low right now and most homes have multiple offers the first day on market, so representing buyers now requires very aggressive tactics. Selling homes to get the most money for sellers is different and legally dealing with multiple offers in a fair way is something that experienced agents are earning their pay. Homes in Spring Hill TN are now averaging $180 per square foot compared to $242 in Franklin. so the homes are still a significant bargain for Williamson county Search for Spring Hill TN homes for sale here.

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 information on this page is based on information on Spring Hill real estate in Williamson county 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

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Comments (3)

Rachel Morin
New Star Real Estate - Vernal, UT
morin2realty

Great comparason and economy report, Larry Brewer - Benchmark Realty llc 

I love seeing real estate in various places around the U.S.  Make it a great day! 

 

Jun 10, 2021 02:05 PM
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Thanks for sharing your Spring Hill, TN market update with us Larry. Buyers & sellers in your area would benefit from your services. Have a wonderful day!

Jun 12, 2021 02:33 PM
Mike Frazier
Carousel Realty of Dyer County - Dyersburg, TN
Northwest Tennessee Realtor

Larry, our market is hot and when properly advertised new listings here get multiple offers as well.

Jun 14, 2021 09:53 AM