Wades Grove Homes in Spring Hill TN – October 2016

Wades Grove homes are still in very high demand with 11 closings for the month of September and 36 homes current under contract waiting to close. The average sales price of homes sold during the month was $339,798, an increase of 12% year over year.

• The average sales price of Wades Grove homes sold during September was $339,798 compared to $302,811 in September of 2015
• the average size of homes sold was 2512 square feet compared to 2382 last year
• the list price to sales price ratio of sold homes was 99.62%, don’t go unrepresented and expect a discount
• the absorption rate of Wades Grove homes in Spring Hill Tn based on September sales is 2 months
• 20 Wades Grove homes are currently listed in the Nashville MLS as available for purchase

Wades Grove is a community of all brick homes is Spring Hill TN. Most of the homes currently listed or recently sold are new construction homes built by John Maher, voted the best builder in Spring Hill for many consecutive years. Some resale homes are available from time to time, as the first home built in the community were constructed in 2006. I own one of the first homes in the neighborhood, and it is a well constructed home.

Spring Hill is one of the fastest growing towns in the country and the prices of homes are growing with it. With great schools, low taxes, and low crime, it’s almost like living in Mayberry according to one of my clients who moved here from a large city in another state. Very few people move away and more keep coming. We expect homes prices to increase in the next 12 months.

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