Lake Providence - Spring 2012 Market Report
Recently it was reported that Lake Providence by Del Webb was the second fasted growing neighborhood in middle Tennessee. This market report will certain confirm that sales are brisk there.
As Lake Providence goes into it's 5th year of building, more and more resale homes are coming on the market. In the second quarter of 2012 the following sales took place:
# Properties Sold | List Price | Sales Price | # Resales | |
2011 | 37 | $273,567 | $280,096 | 4 |
2012 | 37 | $296,199 | $293,747 | 6 |
% Change | 0 | 8% | 5% | 50% |
There are currently 14 homes for sale, of which 9 are resales. The new homes continue to sell at a quicker pace than the resales with a total of 79 pending sales posted.
Lake Providence by Del Webb is the fastest growing retirement community in the Middle TN area.
Buyers come from near and far to enjoy the Middle TN lifestyle and the amenities available in this community.
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