Square footage is definitely way too high price wise compared to all the other Senior communities.
Home is in other communities are under $300,000 compared to villages at 600,000 for less per square footage
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Originally Posted by Normal
No, it means the prices are falling, and THEY ARE INDEED FALLING!
Average days on market is almost 70 days. Prices are being cut by sellers which in part has caused the revaluation of the market. Every month for the last eight months there have been more homes entering the MLS than those that have been sold. So yes, the market is saturated and yes, prices are being cut by about 6% from OAP. The sky isn’t falling unless you have to sell and you bought your house in 2022 or later and are selling. This crash was forecast way back in the fall of 23!
Square foot averages have dropped from last year by quite a bit.
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