Spring Hill TN Homes Market Report – Sales of Spring Hill Tn homes increased 20% in June with 66 closings compared to the 55 last year. The prices of homes continuing to climb with the average price of homes sold being $257,204 compared to $245,948 last year, an increase of 4.5%. With 111 pending sales, and only 232 available homes, and an absorption rate of 3 months, Spring Hill TN homes are currently in a sellers market.
- 66 Spring Hill TN homes sold in the month of June compared to 55 last year
- The average sales price increase 4.5% in the last 12 months
- average days on market is down to 55 days
- The absorption rate of Spring Hill TN homes is down to 3.5 months
- 111 Spring Hill TN homes are currently pending sale
- the list price to sales price ratio was 99%
- 232 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase
Spring Hill TN homes sales have been increasing every month this year, and unfortunately for buyers, the inventory of homes is not increasing. The biggest reason for the growth is all about value, you can still get a new or almost new home in Williamson county for around $100 per square foot. You get great Williamson county schools, low taxes, and a small town atmosphere just 15 minutes south of Franklin and Cool Springs.
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For the most-up-to-date information on Spring Hill TN home values, then we urge you to contact us. We can assist you with all aspects of buying or selling homes 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 Tn homes come on the market or price reductions in Spring Hill homes are posted.
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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