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Spring Hill, TN Real Estate News

By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill homes for sale - April 2023Home sales in spring hill are considerably slower than they were at this period last year, as you would expect with the Federal Reserve rate hikes pushing mortgage rates over 6% for the first time since 2009. Prices on resale homes have cooled a little bit, but we still have a shortage or homes because nobody wants to give up their existing mortgage. New construction home prices are still very high and they aren't building very many if any spec homes. I have buyers looking to purchase today even with the high interest rates, but all the homes that meet their criteria are purchased immediately. Call me if you need help buying or selling in Spring Hill Tn 21 homes sold in Spring Hill during the month of March 2023 compared to 39 for the same period o...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN real estate for sale - Buyers have a chance to purchase a great home right now in Spring Hill, the rise in interest rates have slowed the pace of sales and inventory levels are starting to get back a more normal market. Investors are not as active as they were, and cash buyers seem to be less common as they were just a few months ago. Prices are still firm, but it's not a bidding war like it was. 47 homes sold in Spring Hill during the month of October 2022 compared to 65 for the same period of 2021 a decrease of 28% The median sales price of homes sold during October was $619,900 compared to $525,000 for the same period last year an increase of 18% 98 Spring Hill homes are listed as available for purchase in the Williamson county portion of Spring Hill - more than we've ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Wades Grove Homes for sale -  Higher interest rates are taking a toll on sales everywhere and Wades Grove is no exception.  The average price of homes sold in Wades Grove during August of 2022 was $609,233 compared to $519,586 during August of last year an increase of 17% the list price to sales price ratio of sold homes was 98% 8 homes are under contract at this time the average price per square foot of homes sold was $226 compared to $218 for the same month last year an increase of 3% the average days on market for homes sold during the month was 32 days compared to 2 days for August of last year 8 Wades Grove homes are currently listed in the Nashville MLS as available for purchase at this time. Search for Wades Grove homes for sale here  Wades Grove is a community of all brick homes...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Wades Grove Homes for sale -  Prices in Wades Grove have started to moderate and homes are not moving as fast as they were in the Spring, or even last year. The average days on market for sold homes for the month of June was 24 days compared to just 2 days for June of 2021. The average price of homes sold in Wades Grove during June of 2022 was $682,500 compared to $548,100 during June of last year an increase of 24.5% the list price to sales price ratio of sold homes was 94.4% 8 homes are under contract at this time the average price per square foot of homes sold was $237 compared to $199 for the same month last year an increase of 19% the average days on market for homes sold during the month was 24 days 11 Wades Grove homes are currently listed in the Nashville MLS as available for pu...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill homes for sale - Prices are still rising but at a slower pace with inventory levels rising and interest rates impacting the affordability index. Spring Hill is still a good alternative to the higher prices in Franklin and Brentwood if you want Williamson county schools. 65 homes sold in Spring Hill during the month of June 2022 compared to 98 for the same period of 2021 and reduction of 33% The average sales price of homes sold during June was $654,811 compared to $548,811 for the same period last year an increase of 19% 78 Spring Hill homes are listed as available for purchase in the Williamson county portion of Spring Hill - more than we've seen lately 71 homes are currently under contract pending sale, most are new homes waiting for completion the average price per square...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN Homes in Williamson county - We are still in a sellers market but it's shifting to a more balanced market coming soon. 67 Spring Hill homes are listed as available for purchase in the Williamson county portion of Spring Hill - more than we've seen lately 130 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 $248 compared to $183 for the same period last year, an increase of 36% The median days on market is 2 days Inventory levels are improving due to the higher interest rates pricing some buyers out of the market. This may the be opportunity that buyers have been waiting for. Buy the home you want without getting in a bidding war and refinance ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Wades Grove Homes for sale -  Wades Grove is in a sellers market with most homes getting multiple offers and selling for thousands over asking price.  The average sales price of homes has increased 39% compared to April of 2021. The average price of homes sold in Wades Grove during April of 2022 was $718,500 compared to $513,415 during April last year an increase of 39% the list price to sales price ratio of sold homes was 108% 3 homes are under contract at this time the average price per square foot of homes sold was $268 compared to $188 for the same month last year an increase of 42% the average days on market for homes sold during the month was 3 days 6 Wades Grove homes are currently listed in the Nashville MLS as available for purchase at this time. Search for Wades Grove homes fo...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill homes are in a sellers market - With most homes getting multiple offers the first day on market. 77 homes sold in August and only 30 homes are currently available for purchase The average price of homes sold in Spring Hill during August increased 22% to $511,549 compared to the same month last year The list price to sales price ratio of sold homes was 103.9% for the month 30 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction 119 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 August was $207 compared to $157 for the same period last year, an increase of 32% The average days on ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN real estate for sale and May 2021 Market Report -   With most homes getting multiple offers the first day on market. 139 homes sold in May and only 33 homes are currently available for purchase The average price of homes sold in Spring Hill during May increased 29% to $482,814 compared to $373,655  last year The list price to sales price ratio of sold homes was 104.1% for the month 33 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction 319 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 $180 compared to $154 for the same period last year, an increase of 16.8% The aver...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Wades Grove- 2048 Keene Circle is sold.The original owner raised 4 children in this Williamson county home and after the youngest one moved away he said it was time for a change. With all brick John Maher builders construction the home required very little maintenance over the years, and the home inspection came back with no repairs after 15 years of ownership. The home had many offers and closed at $550,000. If you are looking to move to Spring Hill, give me a call I help buyers and sellers get the most out of this quickly changing environment.Search for Spring Hill homes for sale here 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, Spr...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill homes are in a sellers market  With most homes getting multiple offers the first day on market. 48 homes sold in February and only 19 homes are currently available for purchase The average price of homes sold in Spring Hill during February increased 17% to $426,644 compared to the same month last year The list price to sales price ratio of sold homes was 100.6% for the month 19 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction 180 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 February was $172 compared to $152 for the same period last year, an increase of 13% The average day...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN homes are in a sellers market  With most homes getting multiple offers the first day on market. 70 homes sold in December and only 22 homes are currently available for purchase 70 Spring Hill TN homes sold during the month of December The average price of homes sold in Spring Hill increased 7.4% to $414,357 The list price to sales price ratio of sold homes was 99.9% for the month 22 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction 167 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 December was $164 compared to $151 for the same period last year, an increase of 8.6% The av...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
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 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 16...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Why are people moving to Spring Hill? I was asked this question by a realtor who works for another company after he showed my listing at 1998 Allerton Way. He works primarily in the east Nashville area, and didn't understand why one of his clients would want to move from east Nashville to Spring hill.The short answer is much better schools at a moderate price.  The parents move near the good schools and the grandparents follow them. It's not the reason that everyone moves to Spring Hill, and if schools don't matter, but the location is favorable, the Maury county side of Spring Hill is more affordable, but your get a different school district.Most of the homes in Spring Hill serviced by the Williamson county school district, and year after year, the schools in Spring Hill are ranked in ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Wades Grove Homes for sale -February was a busy month for the Wades Grove neighborhood with 8 closings and 23 homes under contract. With only 6 homes for sale that are actually finished, the sellers have all the leverage. The average price of Wades Grove homes sold was up 11% compared to the same month last year, but the average price per square foot was only up 7%. The average price of homes sold in Wades Grove during February of 2020 was $413,112 compared to $370,950 during February last year the list price to sales price ratio of sold homes was 99.7% 23 homes are under contract at this time the average price per square foot of homes sold was $162 compared to $151 for the same month last year the average days on market for homes sold during the month was 44 days, but most were new con...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN Real Estate - January is typically the slowest month of the year by far for real estate sales, however 44 homes closed in Spring Hill during the month of January, making me believe that this might be a record breaking year for home sales in Spring Hill. The average price of Spring Hill homes sold during the month of January was $397,371, compared to $340,068 for the same month last year The absorption rate of Spring Hill homes in Williamson county for the month of January is only 2 months The list price to sales price ratio of sold homes was 99.2% for the month 101 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction 71 homes are currently under contract pending sale, most are new homes waiting for...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN Homes - Sales are still strong with 47 closings for the month of November compared to 56 last year. Prices are still rising, but at a slower pace with the average price of homes sold increasing 6.3% to $$371,032. These statistics are for the Williamson county portion of Spring Hill. The list price to sales price ratio of sold homes was 99.6% for the month 128 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction 50 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 November was $153 compared to $144 for the same period last year, an increase of 6.25% Investors seem to have backed ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN Home - Sales are still strong with 84 closings for the month of June compared to 87 last year. Prices are still rising, but at a slower pace with the average price of homes sold increasing only 7.8% to $402,736. These statistics are for the Williamson county portion of Spring Hill. The list price to sales price ratio of sold homes was 99% for the month 179 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction 120 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 June was $152 compared to $144 for the same period last year, an increase of 5.5% Investors seem to have backed away fr...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
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...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
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 Th...
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