I don't know when those homes all became available, but the yellow dots are all "pending" so some are moving. That's a lot of homes to sell, especially with interest rates where they are.
I don't know anything about that area other than it's brand new.
One of the MLS agents who posts YouTube videos had an video where he discussed the relative attractiveness of new villages as they open up. Richmond was very popular due to it's accessibility to more established areas. What was interesting was his take on how a new village like that has a temporary effect on the value of resales.
My uneducated guess is that Lake Denham is not close to much of the established areas, and will take a little longer to completely move, but it will.
One of my trepidations when I considered buying in TV was that if I ever did need, or want, to resell, I would essentially be in competition with the developer. I bought anyway, but I think it does have its effect.
My MLS realtor sends me, periodically, her assessment of the market. The last one she sent me described the market in my zip code , 32162, as "neutral", meaning inventory and demand were balancing out.
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