Home builders respond to demand in Sumner County

When The Jones Co. announced its new Retreat at Norman Farm subdivision in Hendersonville one 12 months back, buyers straight away snapped up each and every just one of the residences in the 1st part without having blinking at the $419,000 starting cost.

Twelve months later that price would be a discount. The average household in Sumner County bought for approximately $450,000 in September. That cost was 21% higher than at the first of the 12 months, in accordance to Sumner Realtors, the neighborhood association of Realtors.

Solitary-relatives homes are on the industry for just just one 7 days just before currently being procured, and a “severe deficiency of readily available properties” is making it tougher for customers to locate something to purchase, the association claimed.

Now The Jones Co. is returning to Sumner County. The enterprise will start extra development in Norman Farm upcoming spring. And it will establish single-loved ones homes in McCain’s Station, the new mixed-use master-prepared group coming to Gallatin. Ryan Properties will create townhomes in the subdivision, explained Jen Lucy, director of income for The Jones Co.

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