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Spring Hill TN Homes for Sale – June 2020

June 7, 2020 by larryb Leave a Comment

Spring Hill TN homes for sale – The Wuhan virus lockdown had to have had a major impact on the real estate market in Spring Hill, but the statistics seem to say that maybe not as much as we think. New construction homes using the local commercial roll off services have been completing fast and are still selling really fast, and they are easy to show, so that makes sense, but resale listings are still not as common as a normal spring.

69 Spring Hill TN homes sold during the month of May an increase of 11% for the same month last year
The average price of homes sold in the Williamson county side of Spring Hill was $401,839 and increase of 14% over last year
The list price to sales price ratio of sold homes was 99.7% for the month
115 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
161 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 $157 compared to $150 for the same period last year, an increase of 4.6%

Investors seem to have backed away from aggressive buying in Spring Hill but prices are still rising, just at a slower pace. Homes in Spring Hill TN are now averaging $157 per square foot compared to $225 in Franklin.

Search for Spring Hill TN homes for sale here.

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For the most-up-to-date information on Spring Hill TN homes, 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 Spring Hill listings come on the market or price reductions in Spring Hill TN homes are posted.

information on this page is based on information on Spring Hill real estate 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.

Wades Grove Homes – First Quarter 2019 Update

April 16, 2019 by larryb Leave a Comment

Wades Grove Homes for sale – 4 homes closed during the first quarter of 2019 at an average price of $380,475 and increase of 4.9% over the first quarter last year.

The average price per square foot of Wades Grove homes sold during the first quarter of 2019 was $156
the list price to sales price ratio of sold homes was 98.27%
13 homes are under contract at this time
the average days on market for homes sold during the quarter was only 16 days
38 Wades Grove homes are currently listed in the Nashville MLS as available for purchase but only 17 are finished homes.

Wades Grove is a community of all brick homes is Spring Hill Tennessee. 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. I’ve been buying and selling homes in the community for over 12 years, and I would love to help you save some money either selling or buying in the community.

Williamson county is the leading the country in job creation, so it’s no surprise that home sales are also moving quickly. Spring Hill is a more affordable alternative to Brentwood and Franklin but it still has the benefit of fantastic schools and low property taxes. We expect homes prices to increase in the next 12 months.

Search for Wades Grove homes for sale here or search for Spring Hill homes for sale here

Spring Hill TN Homes – April 2019

April 6, 2019 by larryb Leave a Comment

Spring Hill TN Home Sales – This update is for Williamson County side of Spring Hill, the Maury county side has totally different market trends. Sales are still strong with 50 closings for the month of March compared to 62 last year. For anyone who’s been looking for a home, you know that the amount of homes on the market that’s not under construction is very low, and it’s reflected in the amount of homes sold. The trend toward larger and more expensive homes is the prevailing trend here with the average size of homes sold increasing 10.5% to 2743 square feet,and the average price increased 19% to $419,531

The average price of Spring Hill homes sold was up 19% to $419,531 compared to $$352,044 for March of 2018
50 homes sold in March of 2019 compared to 62 homes sold in March of 2018
The list price to sales price ratio of sold homes was 100% for the month
166 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
116 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 March was $154 compared to $144 for the same period last year, an increase of 6.9%

Investors seem to have backed away from aggressive buying in Spring Hill but prices are still rising, just at a slower pace. Homes in Spring Hill TN are now averaging $153 per square foot compared to $203 in Franklin.

Search for Spring Hill homes for sale here.

Return to Nashville homes search page

information on this page is based on information on Spring Hill real estate 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.

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