Originally Posted by twoplanekid
60% of the resale market and 100% of the new is controlled by the Villages sales staff. As such, anyone would be foolish not to work with then as well as independent sales agents. Our Village sales agent showed us both new and resale. On the face of things, the prices of new look much better then resale until you consider the bond, upgrades and other amenities added to a resale. However, we did purchase a new house.
And the following from page 43 of the SLCDD 9/10/2015 Agenda PDF
The information appearing herein regarding The Villages and the Developer has been furnished by the Developer.
..............
Historical annual home closings and historical annual average sales prices (home and lot) in The
Villages are as follows:
Year Homes Sold (Home and Lot) Average Sale Price
1986 511 *
1987 543 *
1988 517 *
1989 542 $ 74,000
1990 502 79,000
1991 430 81,000
1992 562 87,000
1993 567 93,000
1994 686 98,000
1995 700 106,000
1996 753 115,000
1997 1,054 119,000
1998 1,321 129,000
1999 1,544 139,000
2000 1,776 151,000
2001 2,074 156,000
2002 2,260 163,000
2003 3,329 168,000
2004 3,955 204,000
2005 4,263 232,000
2006 3,935 257,000
2007 2,403 251,000
2008 2,236 231,000
2009 2,115 229,000
2010 2,208 231,000
2011 2,307 241,000
2012 2,850 244,000
2013 3,419 271,000
2014 2,601 304,000
2015** 1,319 304,000
___________________________
* Not applicable.
**Seven months ending July 31, 2015.
The Developer employs six general contractors who subcontract all of the home construction of the single-family, site-built homes. The Developer also supervises outside engineering firms and contracts all of the development site work.
On average, the Developer believes that approximately five percent of the existing homes in The Villages resell in any given year. The resale of existing homesites are facilitated by a real estate brokerage firm affiliated with the Developer and other unaffiliated realtors and are not included in the above table. The Developer believes that this real estate brokerage firm has an approximately 60% market share. As of July 31, 2015, the real estate brokerage firm affiliated with the Developer had approximately 352 resale home listings.
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