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Del Webb Tennessee Lake Providence 3rd Qtr 2013 Market Report

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Real Estate Agent with Pilkerton Realtors

Del Webb Tennessee Lake Providence 3rd Qtr 2013 Market Report

Lake Providence

Sales continue to be strong at Lake Providence by Del Webb! The increase in prices reflect the improved market in the middle Tennessee area and the Mid Western states in general.

Over 50% of the Buyers in the Lake Providence community relocate to Mount Juliet from out of state. A large percentage of them, from the Midwestern states.

 

  # Sales List Price Sales Price  # Resales
2012 121 $248,921 $247,922 17
2013 123 $278,583 $278,452 50
% Change 2% 12% 12% 290%

 

The increase in prices indicates that many of the Buyers have sold there homes for more money than in years past. It is a strong showing of this group of Buyers confidence in the real estate industry.

As the Lake Providence community ages, the resale market Lake Providencecontinues to grow. Del Webb is on it's final 2 phases and the selection of lots decreases as time goes by. This is still a very active community with 12+ sales each month, on average.

 

Buyers interested in seeing homes in Lake Providence by Del Webb would be well served to hire a local Realtor who knows the area and community. Realtors can provide insight into the area and can also show the Re Sale properties in the Community.

Thankful thought for the day...

Living in Middle Tennessee has so many benefits. There are 4 very distinct seasons and the fall weather is magnificent will crisp blue skies with little or no humidity.

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Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.


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Scott Larson
BHHS/Utah Properties - Park City, UT
Park City, Utah Real Estate News

Hi Connie, the Del Webb Lake Providence market looks pretty strong with a healthy uptick in prices over the last 12 months.  I love the four seasons myself, just wish winter was just a bit shorter, ha ha.

Nov 03, 2013 05:38 AM
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

nice market report for buyers and sellers in your local market, super job!

Nov 03, 2013 07:42 AM
Conrad Allen
Re/Max Professional Associates - Webster, MA
Webster, Ma, Realtor

Hi Connie.  Your market is still looking strong.

Nov 03, 2013 07:34 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Connie, Providence was an ingenious idea and has made Mt. Juliet a destination. The shopping has sprouted up and offers lots of great choices.

Nov 03, 2013 09:02 PM
Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Scott - I could do without winter myself! Yes this is a great community.

Mark - Thank you.

Conrad - This community has stayed strong through this recent downturn.

Debbie - they want to start another community in Franklin and they locals are fighting it. They don't get how in adds to the tax base without all the people.

Nov 03, 2013 11:57 PM