Cool Springs homes market report April 2013 – sales increased 24% in March with 46 closings compared to 37 in 2012. The median price of homes sold in Cool Springs during March increased 14% compared to March last year.

• The median price of Cool Spring homes sold was $433,698 up 13%
• 46 Cool Springs homes sold in March compared to 37 last year
• average days on market is down to 59 days
• the median size of homes sold in Cool Springs was 3494 square feet
• 92 Cool Springs homes are currently pending sale
• 139 Cool Springs homes are currently listed in the Nashville MLS as available for purchase
• the absorption rate for Cool Springs homes is down to 3 months

 

Cool Springs is in an extreme sellers market with many listings having a contract within one week, and the list price to sales price ration is 98%. Prices of Cool Springs homes should continue to rise through the summer months as inventory is very low, and demand continues to be high. Cool Springs is part of the City of Franklin in zip code 37067 in Williamson county, and is located on both sides of I-65 . Almost everything in Cool Springs is very new and very close to the fine shopping and dining available surrounding the Cool Springs Galleria. Popular communities in Cool Springs are

• Avalon
• CarronBridge
• Cheswicke Farms
• Cool Springs East
• Mckays Mill
• Villages of Clovercroft

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For the most-up-to-date information on Cool Springs current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Cool Springs MLS listings come on the market or price reductions in Cool Springs are posted.

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