About Spring Hill's Timber Pines

October 2009 Real Estate Market Report: Timber Pines, Spring Hill, Florida

Inventory of Homes for sale in Timber Pines, Spring Hill, Florida has decreased once again over the previous month. There are 66 villas and 73 single family homes available for sale in the Timber Pines Country Club community.

The majority of homes for sale in the Timber Pines community are offered below $200,000. There are only four homes in the $200,000 to $300,000 price range and only three homes for sale above $300,000.

The number of homes sold in October in Timber Pines remained stable with 12 units sold. Only one of these sales was a foreclosure property, all others were market sales. However, sales price range was lower this month bringing down the average and median sales prices by 11% and 12% respectively over those from September.

Number of homes under contract in Timber Pines increased again over last month. Only one of the homes under contract is a short sale and only one other is a foreclosure property. Here too, prices are trending downward somewhat, average and median list prices are lower over those from last month.

Overall however, sales performance in the Timber Pines Country Club community remains stable. The median price level for Timber Pines home sales again outperforms the median price level in Hernando County as a whole.

For this month only, the average price level for Hernando County sales in general is just slightly higher thus outperforming the Timber Pines statistics but only because of one high end property in the county sold nearing the one Million dollar mark. Additionally, the Timber Pines community experiences much lower levels of distressed sales than in Hernando County in general.

Timber Pines is a 55+ Country Club community offering an active life style with several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events. The community is a gated community with an park-like ambience and 24-hour security.

Timber Pines is located off US 19 in Spring Hill, West Central Florida on the Gulf Coast of Florida, also called the "Nature Coast". Tampa International Airport is just a 45 min drive via the new Suncoast Parkway.

Actively Listed Homes for Sale in Timber Pines: 139

Price Range: $57,990 - $399,000

Average: $136,593

Median: $129,999

Days on Market: 216

Number Properties under Contract: 17

Pending Contracts: 10, Contingencies: 7

Price Range: $60,000 - $209,000

Average: $127,855

Median: $129,500

Average Days on Market: 202

Total Transactions Closed: 12

Price Range: $71,000 - $172,000

Average: $121,400

Median: $122,400

Days on Market: 205

Data derived from Hernando County MLS as of 11/9/09 and believed to be accurate but not guaranteed.

September 2009 Real Estate Market Report: Timber Pines, Spring Hill, Florida

Inventory of Homes for sale in Timber Pines, Spring Hill, Florida has decreased over the previous month. There are 69 villas and 70 single family homes available for sale in the Timber Pines Country Club community.

The number of homes sold in September in Timber Pines also decreased over August to a total of 12; however, none of these were distressed sales. Number of homes under contract in Timber Pines, however; increased. Among those under contract, only one home is offered as a short sale, and one other is offered as a foreclosure home.

Again, Timber Pines home sales statistics remain stable. The average and median price levels for Timber Pines home sales are at higher levels than for average and median price levels in Hernando County as a whole.

Timber Pines is a 55+ Country Club community offering an active life style with several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events. The community is a gated community with an park-like ambience with 24-hour security.

Timber Pines is located off US 19 in Spring Hill, West Central Florida on the Gulf Coast of Florida, also called the "Nature Coast". Tampa International Airport is just a 45 min drive via the new Suncoast Parkway.

Actively Listed Homes for Sale in Timber Pines: 148

Price Range: $60,000 - $399,000

Average: $136,819

Median: $129,888

Total Transactions Closed: 12

Price Range: $85,000 - $250,000

Average: $143,367

Median: $137,500

Days on Market: 278

Of these 9 properties were single family homes, three were villas.

Total Number Properties under Contract: 15

Pending Contracts: 10, Contingencies: 5

Price Range: $72,000 - $209,000

Average: $132,697

Median: $139,900

Average Days on Market: 207

Data derived from Hernando County MLS as of 10/9/09 and believed to be accurate but not guaranteed.

August 2009 Real Estate Market Report: Timber Pines, Spring Hill, Florida

Timber Pines home sales continued to be strong in August with an 30% increase in closed transactions of single family homes and villas over July. Only two of the homes sold in Timber Pines were corporate owned, foreclosure homes and all others were market sales.

The number of homes under contract in Timber Pines also increased over July to a total of 11.

Overall, the Timber Pines homes sales statistics have remained stable. Although prices have decreased as they have everywhere else, the Timber Pines community is experiencing far fewer distressed sales such as short sales or foreclosures, a big plus for the community and its residents!

Timber Pines is a 55+ Country Club community offering an active life style with several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events. The community is a gated community with an park-like ambience with 24-hour security.

Timber Pines is located off US 19 in Spring Hill, West Central Florida on the Gulf Coast of Florida, also called the "Nature Coast". Tampa International Airport is just a 45 min drive via the new Suncoast Parkway.

Total Number Properties for Sale: 158

14

Price Range: $69,900 - $399,000

Average: $138,103

Median: $134,900

Average Days on Market: 216

Total Transactions Closed:

Price Range: $50,000 - $270,000

Average: $134,229

Median: $121,150

Days on Market: 202

Of these 9 properties were single family homes, three were villas.

Total Number Properties under Contract: 11

Pending Contracts: 9

Contingencies: 2

Price Range: $89,900 - $269,900

Average: $164,818

Median: $169,000

Average Days on Market: 201

1. Single Family Homes:

Currently Active Listings: 87

Price Range: $70,000 - $399,000

Average: $149,900

Median: $152,418

Days on Market: 194

Under Contract: 8

2. Villas:

Currently Active Listings Villas: 71

Price Range: $69,900 - $177,000

Average: $119,900

Median: $120,562

Days on Market: 243

Under Contract: 3

Data derived from Hernando County MLS as of 9/9/09 and believed to be accurate but not guaranteed.

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July 2009 Real Estate Market Report: Timber Pines, Spring Hill, FL

Timber Pines sales for single family homes took an upswing in July with eight closed transactions. While sales price range for Timber Pines homes expanded in both directions, both average and median prices for sold homes decreased while they remained stable for those actively listed. The number of Timber Pines homes under contract also increased.

The number of Timber Pines villas remained stable with increases in the sales price range and thus both in median and average prices. The number of villas under contract decreased slightly. While the number of active listings for villas as well as the listing price range remained stable, average and median prices decreased indicating price reductions in this property category.

Timber Pines is a 55+ Country Club community offering an active life style with several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events. The community is a gated community with an park-like ambience with 24-hour security.

Timber Pines is located off US 19 in Spring Hill, West Central Florida on the Gulf Coast of Florida, also called the "Nature Coast". Tampa International Airport is just a 45 min drive via the new Suncoast Parkway.

1. Single Family Homes:

Sold July 2009: 8

Price Range: $85,000 - $202,000

Average: $139,188

Median: $139,500

Average Days on Market: 150

Currently Active Listings

Single Family Homes: 87

Price Range: $89,900 - $399,000

Average: $149,900

Median: $154,435

Under Contract: 16

Pending: 13, Contingency Contracts: 3

Price Range: $69,900 - $299,900

2. Villas:

Sold July 2009: 3

Price Range: $105,000 - $135,000

Average: $135,833

Median: $135,000

Average Days on Market: 162

Currently Active Listings Villas: 70

Price Range: $69,900 - $177,000

Average: $122,342

Median: $122,200

Under Contract: 5

Pending: 4, Contingency Contracts: 1

Price Range: $113,900 - 169,000

Data derived from Hernando County MLS as of 8/4/09 and believed to be accurate but not guaranteed.

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If you are thinking about buying a home or land for personal or investment use, or you are thinking about selling in Hernando County, Florida, including the communities and neighborhoods of Hernando Beach, Weeki Wachee, Brooksville and Spring Hill, Glen Lakes, Timber Pines, Silverthorn, Seven Hills, Sterling Hill, Pristine Place, and Southern Hills Plantation and you want to work with a local area Realtor who knows these neighborhoods please contact me.

Let me help you find your place in the Sun!

Timber Pines Country Club Homes and Villas for Sale, Spring Hill, Florida

Timber Pines Country Club homes and villas for sale range in size from smaller units to free standing homes with spacious floor plans offering golf course views, lake and preservation views.

The Timber Pines community located in Spring Hill, Florida, is a gated community with 24-hour security and has been rated one of America's top 20 best "over 55" communities in Country Club Living and Retirement communities.

Timber Pines Country Club consists of over 3400 privately owned homes and villas situated on 1400 acres in the heart of Spring Hill, Florida. The development is a deed-restricted community surrounding homes and villas by sweeping golf courses, ponds, tall pines, and natural preserve areas for a park-like ambience.

The Timber Pines community was built between 1975 and 1998 by US Homes and is now fully developed. Homes and villas are arranged in "villages" each with their own neighborly spirit. All homes and villas in Timber Pines are resident-owned. All amenities of the Timber Pines Country Club community are also entirely owned and funded by its residents.

Timber Pines offers great values in homes and villas as primary home, winter home, or investment. Homes and villas for sale in Timber Pines range in size from one bedroom, one bath villas to four bedroom freestanding homes. Villa owners can enjoy "maintenance free" living for an additional fee that includes lawn and landscape maintenance and exterior painting of the home on a preset schedule.

Current prices for homes and villas in Timber Pines range from $72,000 for a two bedroom, 2 bath attached villa to $399,000 for a three bedroom, three bath, three garage Pool home located along one of the golf courses. Median and average prices for villas are around $124,000. Median prices for freestanding homes are currently at $149,650 and average prices are at $155,430.

There is so much to do in Timber Pines! With a full range of activities, numerous social clubs, stunning clubhouse, two heated community swimming pools, health and fitness center, tennis courts, shuffle and bocce courts and its own performing arts center, Timber Pines offers an active lifestyle for all interests. Classes to suit all interests, shopping and theater trips are always on the schedule as well as movie nights, and specially arranged cruises and other excursions for those who love to travel in good company.

The 18-hole Championship Golf Course is only one of several golf courses in Timber Pines - all in all there are 63 holes to put a golf ball in! Besides the Championship golf course, there are two challenging 18-hole executive golf courses and one 9-hole pitch-and-putt course as well as a driving range. The pro-shop is located near the country club and restaurant "The Country Club of the Pines" offering wonderful breakfast, lunch, and dinner selections. While the Championship golf course requires a nominal fee, access to and use of all other amenities is included in the monthly HOA fee. A monthly Timber Pines newsletter and a private TV channel keeps residents informed about what is going on in their community.

Timber Pines is located off US 19 in Spring Hill, West Central Florida on the Gulf Coast of Florida, also called the "Nature Coast". Tampa International Airport is accessible in less than 45 min drive via the new Suncoast Parkway. Orlando International Airport and the popular attractions are about a one and half hour drive away.

For more information about Hernando County Real Estate, Spring Hill and Timber Pines Homes for Sale, please visit my website or click here to search from properties in the MLS!

Silvia Dukes, P.A.

(352) 584-7441

Learn more about Timber Pines Real Estate, and to search for Florida Golf Course homes and land for sale please visit www.SilviaDukes.com!

Real Estate Professional with international experience working with customers from the

US and abroad. When knowledge of the marketplace, experience, effectiveness,

integrity, honesty, skill, and professionalism is important to you, then please contact me!

Ich spreche Deutsch - I speak German!

All content, including text, original art, photographs and images, is the exclusive property of Silvia Dukes, P.A. and may not be used without expressed written permission of Silvia Dukes, P.A. Sales and listing data obtained from the Hernando County MLS as of July 2009, all information is believed to be accurate but is not warranted, Copyright 2009.