38 Spring Hill homes closed during the month of February and the average price of Spring Hill homes was $199,699. Compared to the 38 sales last February at $200,373, you would have to say that the Spring Hill real estate market is very stable. But the next number blows that theory out of the water. We currently have 92 Spring Hill homes pending sale. Yes, that's what I said, 92 pending and another 64 Spring Hill homes under contingency contract. Leaving only 325 Spring Hill homes available for purchase. I've been saying if for months, but this is turning into a full bore sellers market, and the buyer frustration is starting to show.
- 38 Spring hill homes sold in the month of February
- 93 Spring hill homes are currently pending sale
- 64 homes are under contingency contract
- days on market for sold homes average 84
- 325 Spring Hill homes are listed in the Nashville MLS as available for purchase
- the average sales price for the month of February was $199,699
Spring Hill is in transition from a buyers market to a sellers market, and I expect the inventory levels to become very tight and prices to rise in the near future. One wild card in the process is interest rates, and if they start to rise as expected, buyers will start to panic and add to the frenzy.Search for Spring Hill homes here
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information on this page is based on information on single family homes for sale in Spring Hill per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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