[deano_hoosier]

Looking at Trulia.com, there are currently 209 listings among the private real estate companies (does not include those listed by The Villages Realty). The Villages Realty has 468 listings. That's a rough total of 677 listings in the Sumter County area. Sales for these non-Village listed pre-owned homes averages 82/month according to Trulia.com data.

Running a sales report on qualified sales for YTD (those are sales that exchange $$$'s and not just trust transfers) -- shows that for the 8 months there have been 1318 qualified sales. This total, 1318, does include newly developed properties that are sold by the developer and the pre-owned properties.

So, if you look at an average month for '09 in Sumter county, there are 165 sales of new and pre-owned homes. There is an inventory of 677 pre-owned homes alone.

There are no doubt some apples and oranges in this comparison, but if you take the 82/month average sales of non-village listings from the 165 sales of new and pre-owned homes, that leaves about 83/month of new/developer home sales and of pre-owned listings by The Villages real estate folks.

Or looking just at pre-owned homes with 677 listings and sales of 82/month.. that would mean the average time listed is 8.2 months! If the pre-owned sales by The Villages realty group is split (50-50???) with the new homes. That would bump the sales of pre-owned homes to maybe 120-125/month or a 5.5 month supply. In any case, it is an inventory problem of some magnitude.