Lake Providence by Del Webb 2016 Spring Market Report
The Lake Providence neighborhood in Mount Juliet has seen some huge changes this past year. As soon as the Builder finished building the prices began to increase quickly.
With over 1000 homes, there is not a lot of turnover in this area. Why move when you have everything within walking distances. Clubhouse, indoor and outdoor swimming pools, every type of hobby club you can think of. Homeowners love living in Lake Providence by Del Webb.
The following chart shows the first 6months 2016 sales compared to those of the 2015 first quarter. It also reflects the average sales prices and average sales price/square foot.
There are currently 3 homes for sale with an average asking price of 415,600. Very aggressive pricing on one of them.
Lake Providence was started in 2007 in Mount Juliet Tennessee. Just 9 years later the neighborhood is complete with over 1000 homes.
Del Webb has located another piece of property in Middle Tennessee. It is in the Maury County side of Spring Hill, TN.
Southern Springs, as it will be called will be opening in the Spring of 2017.