How is the Real Estate Market in Timber Pines, Spring Hill, Florida?

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Real Estate Agent with Tropic Shores Realty - Ich spreche Deutsch!
https://activerain.com/droplet/58hy

Home sales in the 55+ golf course community of Timber Pines in Spring Hill, Florida continue to be strong this year and the real estate market in the Timber Pines community is a sellers market.

With low inventory in this popular adult living community, sellers can expect to receive offers quickly after their Timber Pines homes goes on the market. Buyers will continue to feel strong competition from other buyers especially during the Fall and Winter months when many Northerners spend their winters in Florida and often look to buy a permanent winter home. 

 

 

 

Although inventory is low, there are still homes available in a wide price range suitable for any budget. Currently there are only 25 homes and villas for sale in Timber Pines ranging from $95,000 to $269,900.  

The average list price is $174,664 and the median list price is $162,900.  In size, these homes range from a smaller attached villa with 995 SF living area to a larger home situated on one of the communties golf courses with 2253 SF.  The average list price per living square foot is $106.

Currently, there are 27 properties under contract in the Timber Pines community. 

In 2017 to date, 209 properties have sold in Timber Pines with an average sold price of $147,815 and a median sold price of $142,500. The average days on market from list date to pending date was 50 days.  

Compared to homes sales in Timber Pines for the same time period in 2016, which also was a strong year, the number of sales increased by only five units.  However, average and median sold prices have considerably increased in 2017 compared to the previous year. In 2016, the average sold price was $135,085 and the median sold price was $131,200 and properties stayed on the market for 65 days.

The average price per living square foot in 2017 is $90.60 compared to $82.89 in 2016, an increase of 9%.  

 

 

Timber Pines in Spring Hill Florida is considered one of Florida's best 55+ communities offering an active country club lifestyle in a secure, gated environment.  Timber Pines residents can enjoy numerous amenities including several golf courses, tennis,  clubhouse, recreational facillities, pools, clubs, travel, and more.

Whether you are looking to move into a beautiful golf course community that offers an active lifestyle or whether you are thinking about selling your Timber Pines home, please contact me for more information about currently available homes for sale in Timber Pines or to discuss the positioning and marketing of your Timber Pines home! 

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 For more information about Hernando County Homes and Land for sale including Spring Hill and the communities of Timber Pines, Glen Lakes Golf and Country Club, Silverthorn, and Hernando Beach , please call or visit my website!

Let me help you find Your Place in the Sun!

 

Silvia Dukes PA, Broker Associate

Tropic Shores Realty, 3441 Deltona Blvd, Spring Hill, FL 34606

Phone: 352-584-7441    Email: SilviaDFL@yahoo.com   Website:  www.SilviaDukes.com

 

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Copyright (c) Silvia Dukes 2006-2017.  All Rights Reserved. 

Listing and real estate market information is current as of the date it was posted but subject to changes.

All content, including text and photographic images, is the exclusive property of Silvia Dukes, P.A. and may not be used without expressed written permission.   

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Rainmaker
3,248,735
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Silvia

Timber Pines Spring Hill Florida Continues to be a positive forward trending real estate market.

Good luck and success.

Lou Ludwig

Nov 15, 2017 07:41 PM #1
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Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Great job explaining the real estate market in your area Silvia....If I knew of anyone that wants to move there...I'll send them your way

Nov 15, 2017 07:51 PM #2
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Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Thank you for sharing the market on Timber Pines. I hope you are having a good year in real estate.

Nov 15, 2017 09:33 PM #3
Rainmaker
3,236,449
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Silvia I need to do more of these reports, thank you for inspiring me, now keep us posted how many new listings and buyers you received from this great market report, Endre

Nov 15, 2017 11:28 PM #4
Rainmaker
5,499,648
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Timber Pines in Spring Hill home sellers will be in very good hands when they select you as their listing agent.

Nov 16, 2017 02:58 AM #5
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Silvia.  Thanks for the update on the Timber Pines real estate market in Spring Hill, Florida.

Nov 16, 2017 06:22 AM #6
Rainmaker
1,990,483
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good afternoon Silvia - it looks like Timber Pines Spring Hill is a great choice.  The northerners are on their way and will be looking to buy.

Nov 16, 2017 10:00 AM #7
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Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Nothing like the cold temperatures to send Northerners to warm and sunny Florida. It makes sense that the housing market is heating up in Timber Pines Spring Hill. You would be a great source for those Snowbirds looking for a winter home. D 

Nov 16, 2017 10:29 AM #8
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