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About Spring Hill's Timber Pines

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

Silvia Dukes, BSBA, CIPS, TRC, AHWD, : Real Estate Agent in Spring Hill, FL

Timber Pines sales for single family homes and villas decreased again in June over those for the previous month. Sales price range for single family homes increased but decreased for villas. Median and average price levels responded accordingly with those for single family homes increasing and those for the villas decreasing. However, as in the previous month, the total number of homes under contract remained stable and marketing time for sold properties decreased. Overall inventory also slightly decreased with a total of 167 active listings.

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.

Photo below: Club House with restaurant, meeting facilities,

pool, and view of 1st hole of Championship golf course.

Clubhouse at Timber Pines1. Single Family Homes:

Sold June 2009: 3

Price Range: $140,000 - $189,900

Average: $163,300

Median: $160,000 (almost 40% increase over May)

Average Days on Market: 112

Currently Active Listings

Single Family Homes: 98

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

Average: $149,900

Median: $155,930

Under Contract: 11

Pending: 9, Contingency Contracts: 2

Price Range: $114,900 - $225,000

2. Villas:

Sold June 2009: 3

Price Range: $89,000 - $128,000

Average: $110,167

Median: $122,500 (approx. 6% decrease over May)

Average Days on Market: 70

Currently Active Listings Villas: 69

Price Range: $72,000 - $180,000

Average: $127,500

Median: $126,091

Under Contract: 7

Pending: 5, Contingency Contracts: 2

Price Range: $109,900 - 154,900

Data derived from Hernando County MLS as of 7/5/09 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!

May 2009 Market Report for Timber Pines, Spring Hill, FL

Silvia Dukes, BSBA, CIPS, TRC, AHWD, : Real Estate Agent in Spring Hill, FL

Timber Pines sales for single family homes and villas saw another decline in May over those for the previous month. Sales price ranges, median and average sales prices all decreased across the board. However, as a silver lining for the coming weeks, the total number of homes under contract remained stable.

With a total of 171 active listings, available homes decreased again over those from April.

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. The community is a 55+ Country Club community offering several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events.

1. Single Family Homes:

Sold May 2009: 3 (60% of April closed transactions)

Price Range: $112,000 - $120,000

Average: $115,667

Median: $115,000

Average Days on Market: 288

Currently Active Listings Single Family Homes: 100

Price Range: $94,900 - $399,000

Average: $160,979

Median: $151,900

Under Contract: 11

Pending: 10, Contingency Contracts: 1

Price Range: $140,000 - $225,000

2. Villas:

Sold May 2009: 6

Price Range: $105,000 - $140,000

Average: $125,417

Median: $130,000

Average Days on Market: 166

Currently Active Listings Villas: 71

Price Range: $72,000 - $185,000

Average: $127,515

Median: $129,000

Under Contract: 7

Pending: 5, Contingency Contracts: 2, Price Range: $83,000 - $215,000

Timber Pines Country Club Homes for Sale

Timber Pines: View across the Fairway at the Timber Pines Activity Center

Data derived from Hernando County MLS as of 6/4/09 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!

April 2009 Market Statistics for Timber Pines, Spring Hill, FL

Silvia Dukes, BSBA, CIPS, TRC, AHWD, : Real Estate Agent in Spring Hill, FL

The month of April brought a mixed bag to Timber Pines as far as sales transactions are concerned in the community.

Sales for single family homes saw a slight decline over those for March 2009. Both average and median sales prices declined and the marketing time increased. On a better note, the number of homes under contract remained stable.

Sales for Villas in Timber Pines offering maintenance-free living were a different story in April. Number of closed transactions increased as well as the overall price range and with it the average sales price. Active listings decreased but so did average and median prices.

With a total of 174 active listings, available homes decreased again over those from March.

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. The community is a 55+ Country Club community offering several golf courses, two community pools, Activities Center, Clubhouse, Performing Arts Center, as well as many social clubs and events.

1. Single Family Homes:

Sold April 2009: 7

Price Range: $108,000 - $229,950

Average: $151,421

Median: $142,000

Average Days on Market: 190

Currently Active Listings Single Family Homes: 105

Price Range: $74,900 - $399,000

Average: $164,768

Median: $153,900

Under Contract: 9

Pending: 7, Contingency Contracts: 2

Price Range: $127,500 - $250,000

2. Villas:

Sold April 2009: 8

Price Range: $110,000 - $153,000

Average: $128,669

Median: $125,000

Average Days on Market: 241

Currently Active Listings Villas: 69

Price Range: $72,900 - $215,000

Average: $129,000

Median: $129,546

Under Contract: 9

Pending: 7, Contingency Contracts: 2, Price Range: $83,000 - $169,000

Timber Pines Spring Hill The Lodge

The Lodge: Timber Pines Activity Center

Data derived from Hernando County MLS as of 5/8/09 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!

March 2009 Market Statistics for Timber Pines, Spring Hill, FL

Silvia Dukes, BSBA, CIPS, TRC, AHWD, : Real Estate Agent in Spring Hill, FL

April brings good news for sales activity in the Timber Pines Country Club community in Spring Hill, Florida.

For the second month in a row, sales increased in Timber Pines over those in February 2009. Closed transactions for March 2009 increased by 100% for single family homes and by 30% for villas.

With a total of 186 active listings, available homes decreased from February numbers in both categories. Pending and contingency contracts for single family homes have increased but decreased by a slight margin for the villas. Yet, overall more homes are under contract this month than last month.

Sales prices have also increased in the median and average prices while market day has decreased signifantly again illustrating that a well-priced property can be sold in a reasonable time frame.

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.

Timber Pines Country Club Community, Spring Hill, FL1. Single Family Homes:

Sold March 2009: 8

Price Range: $80,000 - $245,000

Average: $158,125

Median: $158,000

Average Days on Market: 80

Currently Active Listings Single Family Homes: 111

Price Range: $79,900 - $399,000

Average: $170,634

Median: $155,000

Average Days on Market: 174

Under Contract: 9

Pending: 57, Price Range: $114,900 - $187,000

Contingency Contracts: 2, Price Range: $124,900 - $189,000

2. Villas:

Sold March 2009: 6

Price Range: $75,000 - $140,000

Average: $118,750

Median: $125,000

Average Days on Market: 187

Currently Active Listings Villas: 75

Price Range: $78,000 - $215,000

Average: $134,198

Median: $135,000

Average Days on Market: 204

Under Contract: 9

Pending: 9, Price Range: $119,000 - $159,900

Data derived from Hernando County MLS as of 4/2/09 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, Spring Hill, FL - Real Estate Market Report for February 2009

Silvia Dukes, BSBA, CIPS, TRC, AHWD, : Real Estate Agent in Spring Hill, FL

Timber Pines, a 55+ gated golf course community in the heart of Spring Hill, FL

Timber Pines Country Club community consists of approximately 3500 privately owned homes and villas ranging from 1 bedroom/1 bath villas to 4 bedroom homes. Built between 1985 and 1998 by US Homes, units are resident owned.

The Timber Pines Country Club community offers its residents a variety of amenities including two swimming pools, tennis courts, club house, activities and clubs, performing arts center, and not to forget several golf courses that include a 18-hole Championship golf course, all in all 63 holes to put a golf ball in!

As expected, number of closed transactions in Timber Pines for February increased overall with four single family homes and five villas transferring to new owners. 64% of homes that were reported to be under contract in January closed in February. Total number of homes currently under contract has increased by 20% from 14 last month to 17 this month.

As many of our winter residents are now faced with either returning to their northern home states or staying in the warm Florida sun, they might consider buying a permanent winter home in this area especially with prices being as low as they have been in years.

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:Timber Pines Spring Hill Florida

Sold February 2009: 4

Price Range: $125,000 - $171,000

Average: $144,250

Median: $140,500

Average Days on Market: 198

Currently Active Listings Single Family Homes: 116

Under Contract: 10

Pending: 5, Price Range: $114,900 - $255,750

Contingency Contracts: 5, Price Range: $85,500 - $189,900

Average Price Under Contract: $154,625

Median Price Under Contract: $146,700

2. Villas:

Sold February 2009: 5

Price Range: $90,000 - $174,000

Average: $127,200

Median: $120,000

Average Days on Market: 334

Currently Active Listings Villas: 81

Under Contract: 7

Pending: 5, Price Range: $80,000 - $157,000

Contingency Contracts: 2, Price Range: $149,900 - $150,000

Average Price Under Contract: $137,329

Median Price Under Contract: $149,900

Data derived from Hernando County MLS as of 8/8/09 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!