Talk of The Villages Florida - View Single Post - Villages q1 2024 market update
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Old 04-24-2024, 07:46 AM
margaretmattson margaretmattson is offline
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Quote:
Originally Posted by JanetH View Post
Hey it took us 189 days to sell a beautiful home that would be 3 mil and not even available in the villages . Of course it’s not sitting in the villages . Would have loved to get the price per square foot that we pay here. Not complaining, just don’t think 40/50 days on the market is a big deal ……..
if some people sell their homes in 5 days, others sell theirs in 30, and some take 100 days; the average is 45 days.

An average does not give a true picture. It makes one believe ALL homes sell within 45 days. In my example, 33% were far under, 33% in range and 33% way over. If you want factual days on market, you have to go on MLS and look at home history. A quarterly report that gives averages is interesting to look at but not reality.

Last edited by margaretmattson; 04-24-2024 at 08:10 AM.