Real Estate Market Report January 2012: Home Sales Continue in Timber Pines, Spring Hill, Florida
Home sales in the Timber Pines Golf and Country Club community in Spring Hill, Florida continued at a steady pace in the first month of 2012.
As expected, with many of our winter visitors seeking warmer climates, showing activity clearly increased in January in this popular golf course community.
The Timber Pines community in Spring Hill, Florida, is a popular 55+ community for active golf course living. Aside from golfing on one of the four golf courses within the Timber Pines community, Timber Pines offers its residents many other opportunities for an active lifestyle.
There are two community pools, bocce and shuffleboard courts, billiard room, a state-of-the art fitness center, walking trails, and much more.
If you enjoy traveling or theater, there are always trips offered to destination near and far. Timber Pines also has its own performing arts center bringing shows, concerts and performers right into the community for residents to enjoy.
In January 2012, the sales price range for homes and villas sold in Timber Pines increased on the lower end but decreased on the higher end. As a result, median and average sales prices were lower than in the previous month.
Once again, buyers were able to close on homes at very favorable prices.
The winter months are a busy time for home sales in the Timber Pines community.
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Inventory of homes for sale in Timber Pines has slightly increased.
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As predicted last month, the number of homes going under contract has increased.
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There are currently 31 homes under contract, almost doubled from the previous month.
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Of these, 20 are pending and 11 are under contract awaiting the clearance of contingencies.
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With very few distressed properties, the Timber Pines community maintains its reputation as a stable neighborhood.
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Only five homes for sale in Timber Pines are currently offered as short sales and there are four bank-owned, foreclosure properties for sale in Timber Pines.
Homes for Sale in Timber Pines, Florida: 175
Inventory Single Family Homes: 197
Inventory Villas: 68
Range: $39,900 - $345,000
Average: $121,642
Median: $110,000
- Average list price declined but median list price remained stable compared to previous month.
- The highest priced home for sale in Timber Pines currently is a 3 bedroom pool home built in 1998 with 2500 SF with a golf course location.
- The lowest priced home for sale in Timber Pines currently is a 1 bedrooom, 1 bath Villa with 767 SF.
Homes Sold in Timber Pines, Florida, January 2012: 10
Price Range: $65,000 - $142,500
Median Price: $82,250
Average Price: $84,700
Single Family Homes Sold: 5
Price Range: $65,000 - $142,500
Median Price: $91,000
Average Price: $101,700
Villas Sold: 5
Price Range: $54,000 - $86,000
Median Price: $65,000
Average Price: $67,700
Why not look for a winter home or full-time home in a 55 Plus golf course community such as Timber Pines!
The Timber Pines Golf and Country Club community is a 55+ community that enjoys great popularity because of its golf course, beautifully maintained appearance, and many amenities it has to offer its residents.
There are many good deals and opportunities available in the Timber Pines community.
Please contact me for a list of available homes for sale in Timber Pines, Spring Hill, Florida!
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Data derived from Hernando County MLS as of 2/8/2012 and believed to be accurate but not guaranteed.
Real Estate Market Report January 2012: Homes Sales Picking up in Timber Pines, Spring Hill, Florida
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