As of October 13th 2011 there are 167 homes that are listed for sale on the Maury County side of the Spring Hill Tn. During the time period of September 1st 2011 through September 30th 2011 there were 13 properties that sold and closed on the Williamson Side of the City.

Courtesy of Realtracs.

Active  163 Properties Found            Spring Hill Tn Homes For Sale - Maury County
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 980 0 0 0 $78,900 $0 0
AVG 2,127 3.15 2.14 0.48 $257,071 $0 109
MEDIAN 1,978 3 2 1 $178,681 $0 73
MAX 5,002 5 4 2 $8,980,000 $0 590
  Closed  13 Properties Found          Homes Sales For Spring Hill TN
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 600 1 1 0 $37,100 $30,000 0
AVG 1,832 3 2 0.31 $158,065 $152,458 122
MEDIAN 1,820 3 2 1 $161,200 $154,000 136
MAX 3,060 4 3 1 $224,850 $214,950 407

I can now determine how many months of inventory are currently on the market based on the number of properties currently listed for sale and dividing that number by the the absorption rate for September 2011. The above chart shows that there are 163 listed properties in Spring Hill - Maury County and has an absorption rate of 13 residential properties a month. This means that as of October 7th 2011, Spring Hill - Maury County has 12.5 months of inventory.

When looking back in the six month period from April 1st 2011 through September 30 th 2011, the absorption rate comes out to 19.83 residential properties a month for Spring Hill -Maury County. This adjusts our months of invertory to 8.22 months of inventory. This is a wider view of what has occured in terms of sales over the past six months and how the current level of  inventory compares to those sales of the six month period.

Absorbtion Rates are a reflection of how many properties that have sold and closed during a specific period of time. Months of Inventory are a reflection of a given amount of properties that are for sale at a specific point of time compared with the actual number of properties that sold and closed during a spcific period of time.

Please feel free to contact me for a free report and evaluation for your property, neighborhood or project.

Spring Hill Tn is located approximately 30 miles south of Nashville and is located just of I-65 and offers easy access to Hwy 31 and I-840 as well. Spring Hill is a growing community with a 2007 population of over 23,000 residents living on just over 17.5 square miles. Spring Hill currently has 13 public schools serving it's students with four of the schools serving the Maury County side of the city.

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