Talk of The Villages Florida - View Single Post - how fast do pre owned homes sell in the villages
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Old 12-26-2011, 05:15 PM
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Originally Posted by tommy steam View Post
I was wondering how fast pre owned homes sell in TV. How do people make out in their asking price?
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The Villages Sales Office quotes a statistic about VLS Listings selling for 97% of asking price. Presumably this statistic applies to well-priced homes, since over-priced homes rarely sell. There is a lot of inventory available and it's easy to compare similar models in similar neighbourhoods. Buyers these days have shopped around and can spot good value. I've seen well-priced homes with good features (birdcage, summer kitchen, pool, granite) sell in days. A home that is well priced can sell very quickly whereas homes that are overpriced usually just sit there until the price is reduced.

I haven't heard a MLS statistic. However I've been told by both VLS & MLS agents that Homes sell faster during snowbird season. We sold our CYV in January through VLS for 98% of list price.
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