2011 Statistics for Autumn Ridge Subdivision Spring Hill TN

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Homes are selling in Autumn Ridge Subdivision in Spring Hill,  TN  currently there are a total of 9 Residential properties listed for sale as of  October 19th 2011.

Courtesy of Realtracs: 

We can now break these numbers down to three averages: The chart shows that Autumn Ridge Subdivision homes currently listed as pending single family home sale are listed for an average price of $408,670 with an average list price per square foot of $130.73 The average day's on market are at 0 as of October 19th 2011.

There were 12 properties that sold and closed in Autumn Ridge Subdivision during the period of January 1st 2011 through October 19th 2011.

Courtesy of Realtracs:                                                                    Spring Hill TN Real Estate

We can now break these numbers down to four averages and a list price to sales price ratio: The chart shows that Autumn Ridge Subdivision sold properties from January 1st 2011 through October 19th 2011 were listed for an average price of $405,998, with an average list price per square foot of $121.92. The average day's on market for these sold properties were 152. The average price that properties actually sold for were $401,733. With this information we can see that the properties sold for 98.95% of the asking price. The median number's are a reflection of half of the homes higher and half of the homes being lower in each category.

I can also 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 charts show that there are 9 listed properties and 1 pending sales in Autumn Ridge Subdivision and there was 1 sale in September. This means that as of October 19th 2011, Autumn Ridge has 10 months of inventory in relation to September 2011 sales.

When looking back in the six month period from April 1st 2011 through September 30 Th 2011, the absorption rate comes out to 1.5 residential properties a month. This adjusts our months of inventory to 6.67 months of inventory. This is a wider view of what has occurred 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.

Now is the time to be in the market, whether you are selling or buying, the deals are here and for sellers, this is a great time to attract buyers. The rates for buyers are at historic lows and there is demand in our market. If you are a seller, you don't want to wait until interest rates go back up pushing more buyers out of the market.

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Williamson County & Surrounding Nashville Area Real Estate that WE WILL SELL!!!