Closed Real Estate Sales In Spring Hill Place Subdivision Spring Hill Tn

Spring Hill Place Subdivision is a neighborhood consisting of 162 homes and is located just off of Buckner Lane in Spring Hill Tn, on the Williamson County side of the city. The subdivision offers quick access to I-65 and is located within just a few miles of shopping, fine dining and is currently zoned for Allendale Elementary, Spring Station Middle School & Independence High School. There are 5 properties that sold and closed in Spring Hill Place in the time frame of July 1st 2010 through December 31st 2010.

Courtesy of Realtracs:

Closed  5 Properties Found  Spring Hill Place Closed Sales
	Square Feet	Bedrooms	Full Baths	Half Baths	List Price	Sales Price	Days on Market
MIN	3,444	4	3	0	$299,900	$295,900	16
AVG	3,662	4.4	3	0.8	$356,496	$347,450	81
MEDIAN	3,649	4	3	1	$359,780	$350,000	86
MAX	3,956	5	3	1	$389,000	$377,950	146

We can now break these numbers down to three averages: The chart shows that Spring Hill Place had five properties that sold and closed in the six month period were listed for an average price of $356,496 with an average list price per square foot of $97.35 The average day's on market were 81. The average price that properties actually sold for were $347,450, with this information we can see that the properties sold for 97.46% 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.

Now I want to compare Spring Hill Place statistics here with the rest of Spring Hill. The following chart shows all of the Spring Hill homes that sold and closed in the time period of July 1st 2010 through December 31st 2010.

Courtesy of Realtracs:

Closed  240 Properties Found     Spring Hill Closed Sales
	Square Feet	Bedrooms	Full Baths	Half Baths	List Price	Sales Price	Days on Market
MIN	780	1	1	0	$32,900	$31,000	0
AVG	2,309	3.45	2.32	0.43	$215,038	$210,047	105
MEDIAN	2,172	3	2	1	$184,200	$179,450	86
MAX	4,613	5	4	3	$699,900	$584,250	758

Here is a breakdown to compare BurtonWood with the rest of Spring Hill For Sold & Closed Sales

Comparison Statistics	Spring Hill Place	Spring Hill
Avg. List Price	$356,496	$215,038
Avg. Sold Price	$347,450	$210,047
Avg. List Price/Sale Price Ratio	99.46%	97.67%
Avg. List Price per Sq/Ft	$97.35	$93.13
Avg. Sold Price per Sq/Ft	$94.87	$90.97
Avg. Day's on Market	81	105

From this information, we see that Spring Hill Place offers buyers a great opportunity to live in an area that many people have found a great place to call home at an affordable price. Spring Hill Place homes on average sold for 65.42% more than the other homes that sold in Spring Hill yet sold for 4.3% more per Sq/Ft than the rest of the homes that sold in Spring Hill. The homes in Spring Hill Place are on average 57.33% larger that the other homes that sold during the six month time frame. This indicates that buyers are willing to pay more to live in Spring Hill Place.

Spring Hill 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. The median income for Spring Hill households is just over $65,500 USD compared with and average of just over $38,500 USD for the state of Tennessee.

Franklin, Spring Hill & Columbia Area Real Estate Services - Steve Manley, Realtor The mysearchforhomes.com Team is your dedicated real estate professional in The Greater Nashville Tn area including, Nashville, Brentwood, Franklin, Thompsons Station, Spring Hill, Columbia. Our team is dedicated to support you with all your listing and sales needs with over 20 years in the industry.Two local numbers to call: 615-538-7490 OR 931-215-8987