Spring Hill Homes Market Report May 2013

Spring Hill Homes Market Report – Sales of Spring Hill Tn homes were up 46% in May with 76 closings compared to the 52 last year. The prices of homes continuing to climb with the average price of homes sold being $257,313 compared to $246,945 last year, an increase of 4%. With 103 pending sales, and only 237 available homes, and an absorption rate of 3 months, Spring Hill homes are currently in a sellers market.

76 Spring Hill homes sold in the month of May compared to 52 last year
The average sales price for homes sold was $257,313, an increase of 4%
average days on market is down to 64 days
103 Spring Hill homes are currently pending sale
the list price to sales price ratio was 99%
237 Spring Hill 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 shrinking rapidly. 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.

Search for Spring Hill Tn homes here

For the most-up-to-date information on Spring Hill 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