Seems like a lot of homes for sale.

[Timothyimitchell]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

[dewilson58]

Nope

[Velvet]

Not in my Village, only 4 homes available today, there were 6 last year when I bought.

[Villagerjjm]

Before I dropped The Daily Sun about 6 weeks ago it seemed like the pre-owned homes for sale insert had gotten bigger than what the Recreation News insert was back in January, 2020.

[JoMar]

5 homes in our neighborhood, only 1 did not sell as of today, the rest sold within 30 days. Of the 5 that sold, 4 moved to other areas of The Villages, 1 moved north to care for family. It will be a glut when the prices are fair and the houses don't sell.

[Gpsma]

Market is glutted. Lots of homes in my village for sale. Why? Dont know...going down south of 44 ...or beating feet up north...afraid of florida with the virus?

[davem4616]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?


The housing market isn't anything that I'm monitoring/tracking...if I was, I'd tend to be more interested in the average number of days a listing is on the market

whether it's a seller's market or a buyer's market, if you price it right it sells

given the tens of thousands of existing homes and the number of new homes being built down in Southern Oaks the percentage of homes currently on the market is pretty small

[Stu from NYC]

Not many for sale in Bonita right now

[Velvet]

Update 3 homes available now, one sold (pending) since my last post.

[Packer Fan]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

when you are on the website, go to filters and turn on the pending home sales, it will SHOCK you since they are all less than 30 days old(since almost everything in TV closes in 30 days or less). Lots of houses sold in TV. You can do the same thing on Zillow. I have been watching for a long time. it always seems a lot are for sale. When they are priced correctly, they sell in well under the US average of 56 days. I rent to a lot of people looking for homes, and if anything, sales are accelerating. Nobody wants to stay in the big city anymore. Shocking! :)

[Stu from NYC]

If people ask a reasonable price they seem to sell very quickly

[rjn5656]

what village are you in?

[wisbad1]

5 homes in our neighborhood, only 1 did not sell as of today, the rest sold within 30 days. Of the 5 that sold, 4 moved to other areas of The Villages, 1 moved north to care for family. It will be a glut when the prices are fair and the houses don't sell.
In-laws sold their home in 45 minutes after posting.

[melpetezrinski]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

Yes, a glut is starting to form. You just have to look at the supply of homes and it's movement over the course of the year. We went from 6 months of inventory to over 10 months on hand in less than a year. Just look at Zillow for the month of July and you will see 89 homes added and 15 price cuts with only 49 homes sold.

[Michael Charles]

It's obvious things are slower but it's a combination of summertime, cyclical pattern and yes covid 19. The developer is building as always and building their inventory and sales will follow, until they don't!

[Topspinmo]

Always home for sale in villages and everywhere else, most sell within two months, always will be. People die, move, and move on.

[Rwirish]

Lots of homes on the market. A glut of houses.

[MandoMan]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

None for sale in my village. I think people just don’t want to live near you! (I’m joking!)

Actually, if there are more than usual, it may be because a lot of people who would have otherwise put their house up for sale put it off because it was difficult or impossible to show houses for several months. Now houses can be shown, though with limitations, and plenty are selling.

[DrBrutyle109]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

They sell between 300 and 400 houses a month new and used

[Bill1701]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

I'm not sure I would call it a glut, but there are a lot more homes for sale than usual. It seems that a new one pops up every few days in my area - Pine Ridge.

[jbrown132]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?
I think there are many factors involved. Many people who move to The Villages, will buy an sell an average of two to three times. Then as an older population people either, unfortunately pass away or move back to where they came from for health or family reasons. Finally, there are those who leave as the The Villages has gotten so big some early buyers sell as they feel this is not what they signed up for when they originally bought when TV was supposed to be capped at about one hundred thousand. For these reasons I think there will always be a lot of homes for sale. With that said, if your home is in a good location and priced right my guess is it will sell in a very short time.

[vintageogauge]

2% of the homes available is about right for a normal market and that is where it stands based on your figures.

[mikeritz53]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

I am a Realtor here and there are a lot more homes on the MLS than last year (2019 was around 210 at this time). I attribute it to the economy due to the Virus. I was a Mortgage Broker during the 2008-2009 Mortgage debacle and 2nd/Vacation Homes were the properties that sufferered the most as people had to tighten their belts to survive.

[Travelhunter]

I'm not sure I would call it a glut, but there are a lot more homes for sale than usual. It seems that a new one pops up every few days in my area - Pine Ridge.

A lot of people are buying new homes

[Dlbonivich]

There is 2.6 months of inventory 3.0 months is considered low. New homes are a different story. But I am under the impression that TV never has a problem selling them.

[TandHSTAR@AOL.com]

Been here 23 yrs. Homes are being sold because people died, moved north because of health issues. Homes sell pretty fast. Not so much in the summer . Don't think the coronavirus has anything to do with sales. Where are they going to move to? Virus is everywhere. Some states worse than Fl. Check out other surrounding communities bet you will find they take longer to sell a house than here.

[Timothyimitchell]

None for sale in my village. I think people just don’t want to live near you! (I’m joking!)

Actually, if there are more than usual, it may be because a lot of people who would have otherwise put their house up for sale put it off because it was difficult or impossible to show houses for several months. Now houses can be shown, though with limitations, and plenty are selling.

We are from Washington State and are in the market to buy a home in TV. Just trying to get a feel for the market before we pull the trigger. Just a question, not meant in a negative way at all. By the way, my neighbors all LOVE me.

[peggyb]

We also have to remember that these houses for sale could represent people downsizing, or buying bigger, or just moving to a different village all within The Villages.

[sallybowron]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

Not really, this is high time for sales. Many future snow birds are looking to find their own place. Many homes are priced a bit lower in the summer. There are reasons for this.

[bobm3]

Yes, a glut is starting to form. You just have to look at the supply of homes and it's movement over the course of the year. We went from 6 months of inventory to over 10 months on hand in less than a year. Just look at Zillow for the month of July and you will see 89 homes added and 15 price cuts with only 49 homes sold.

Zillow only shows homes for sale that are on the multilist (i.e. outside agencies). This post may suggest that resale homes sell faster if listed with TV.

[graciegirl]

None in our Village. For several months. If one is listed, sells quickly. I can't think of a more beautiful place to spend a pandemic.

[Bogie Shooter]

We are from Washington State and are in the market to buy a home in TV. Just trying to get a feel for the market before we pull the trigger. Just a question, not meant in a negative way at all. By the way, my neighbors all LOVE me.

Pull the trigger..........!

[Kim Fowler]

I think nearly all TV residents like their neighbors — much more so than anywhere else I’ve lived. I remember when I first moved here, I was pleasantly surprised how often people smile and say hello when you’re out and about.
If your new neighbors don’t throw you a driveway party to welcome you — organize your own to introduce yourself!

[Curtisbwp]

Every time you hear an ambulance, there is a home for sale. One reason


If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

[yankygrl]

Every time you hear an ambulance, there is a home for sale. One reason
No that is an open tee time

[yankygrl]

Pull the trigger..........!
I have a 2/2 patio villa fully furnished -turn key, in buttonwood. Close to 3 executive golf courses and fishhawk rec. center. Contact April at Freedom ReMax. Teller her Ellen told you to call.

[Stu from NYC]

I think nearly all TV residents like their neighbors — much more so than anywhere else I’ve lived. I remember when I first moved here, I was pleasantly surprised how often people smile and say hello when you’re out and about.
If your new neighbors don’t throw you a driveway party to welcome you — organize your own to introduce yourself!

We got lots of hellos but no cookies. Still a great place to live

[Stu from NYC]

We are from Washington State and are in the market to buy a home in TV. Just trying to get a feel for the market before we pull the trigger. Just a question, not meant in a negative way at all. By the way, my neighbors all LOVE me.

Some people say if you slip new neighbors a $ 20 bill on a regular basis you make friends easier.:a040::a040:

in all seriousness this is a very friendly place. Just wish the virus would go away so we can go back to doing what we came here for.

[Dgizzi]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?
I think they know what they are doing....they sell an average of 400 homes a month. Now it slowed down but will pick up again.

[AnnFL]

How many are in Sumter Cointy? With the 25% tax increase many are moving to another county. Also, beware before you buy - The Villages keep increasing prices on everything, especially golf where the % increase has priced myself and many others out of playing Championship. I'm sure the trail fees will go up next year as well. Trash pickup is going up as service goes down. Rec centers and pools being torn down, no more Katy Bells, well the list goes on and on. In the south section, the amenities are no longer being built 1st - residents are waiting over a year for them after they move in. Villages has turned their back on the north end. The younger generation cares about one thing - the almighty $$$. Their parents and grandparents must be rolling over in their graves.

[Michael Charles]

In the south section, the amenities are no longer being built 1st - residents are waiting over a year for them after they move in. Villages has turned their back on the north end. The younger generation cares about one thing - the almighty $$$. Their parents and grandparents must be rolling over in their graves.

I live in the "south section" and we have plenty of "amenities"

Not sure what you consider to be "amenities" but in Fenney there was a rec center with a sales center and a family pool along with a restaurant, a sports pool, shuffleboard, pickle ball, bocce courts and executive golf courses built "1st"

Then came the villages of DeSoto, McClure, Marsh Bend etc. Along with those villages came new rec centers, sports galore, dog parks, archery, radio controlled car track, walking paths and more golfing opportunities.

We waited for NO amenities since we've moved in March of 2019.

[Michael Charles]

I think they know what they are doing....they sell an average of 400 homes a month. Now it slowed down but will pick up again.

This fact was from our builder.

TV is still building new homes at the rate of 267 new homes a month.

[queasy27]

This (https://www.talkofthevillages.com/forums/ask-expert-about-villages-florida-real-estate-300/some-stats-309003/) was posted by user TOTV Real Estate Expert RE/MAX yesterday under Ask The Experts:

If you're wondering what the real estate market is like today here are some stats. Data from the MLS shows the number of active listings has gone down 11% from May 2020 and the number of SOLD listings has increased by 41%. It's a sellers market right now. There is only enough inventory to last 2-1/2 months.

[Stu from NYC]

I live in the "south section" and we have plenty of "amenities"

Not sure what you consider to be "amenities" but in Fenney there was a rec center with a sales center and a family pool along with a restaurant, a sports pool, shuffleboard, pickle ball, bocce courts and executive golf courses built "1st"

Then came the villages of DeSoto, McClure, Marsh Bend etc. Along with those villages came new rec centers, sports galore, dog parks, archery, radio controlled car track, walking paths and more golfing opportunities.

We waited for NO amenities since we've moved in March of 2019.

The reason we did not move there is lack of shopping nearby and too far to go to Spanish Springs or Lake Sumter for entertainment. Only Brownwood is nearby and who knows when they build town square in Fenney.

[Michael Charles]

The reason we did not move there is lack of shopping nearby and too far to go to Spanish Springs or Lake Sumter for entertainment. Only Brownwood is nearby and who knows when they build town square in Fenney.

We're in mcclure and shopping issue wasn't much of a concern for us. We're actually closer to the publix at lake deaton plaza now than we were to the publix at the colony plaza when we lived in st james..

Also, not everyone here in TV don't go to the squares to be entertained. It's fairly simple math, 3 squares, 120,000 villagers. If so, even if they went once a month it would still be very packed. It seems that many of the same people frequent the squares while many rarely go. Something here for everybody, which makes it what it is.

[melpetezrinski]

This (https://www.talkofthevillages.com/forums/ask-expert-about-villages-florida-real-estate-300/some-stats-309003/) was posted by user TOTV Real Estate Expert RE/MAX yesterday under Ask The Experts:

If you're wondering what the real estate market is like today here are some stats. Data from the MLS shows the number of active listings has gone down 11% from May 2020 and the number of SOLD listings has increased by 41%. It's a sellers market right now. There is only enough inventory to last 2-1/2 months.

The MLS only represents maybe 20% of the market activity, so I'll stick with my stats that encompass 100% of the data.

[asianthree]

Homes we have been following have sold in less than 30 days. Average listed price $700,000 to $800,000. Must not be worried about virus, or that it’s close to 100 degrees

[Stu from NYC]

We're in mcclure and shopping issue wasn't much of a concern for us. We're actually closer to the publix at lake deaton plaza now than we were to the publix at the colony plaza when we lived in st james..

Also, not everyone here in TV don't go to the squares to be entertained. It's fairly simple math, 3 squares, 120,000 villagers. If so, even if they went once a month it would still be very packed. It seems that many of the same people frequent the squares while many rarely go. Something here for everybody, which makes it what it is.

We like being fairly close to 27/441 and the stores/restaurants there. Only here for 5 months and before the virus we would go to the squares for entertainment and than out to dinner a couple of times a week so being in the middle at Bonita works well for us,

[Schuvwj]

If I counted correctly TV website has over 1200 homes and or home sites for sale. And I think they have more they don't show ? MLS has 300. Is a glut forming?

The 25% tax increase with more Increases coming and the Virus is the beginning of the end of Florida’s friendliest neighborhood! So sad.

[milling73]

With all Rec centers games, clubs, indoor activities, and most entertainment cancelled until ‘further notice’, could perhaps have something to do with sales. If not a golfer, there is not a whole lot to do here during this. (Same as most of the country)
Just noting that all the things advertised as reasons to come here, is not happening and no one knows when they will resume. So maybe that is giving some reason to return to family or delay buying here. I know we are.

[DReifinger]

Live in Sanibel, Hemingway, Duval or Hadley. Best locations for stores, Colony Plaza, Walmart Grocery, 6 champion and 20 executive golf courses nearby, plenty of pools and recreational centers in area of these villages per square mile. Located in the middle of all three squares. Easy access in and out of the Villages to major roads.

[Strongel]

The Villages home sell faster than most areas in Florida for our age group if priced correctly. Those prices keep going up it seems and we don’t want to spread the rumors there is a glut, as we like our house prices to continue to go up. If not, people might look towards the coasts where all that wonderful water is located.

[mlmarr1]

normal summer pattern, many new builds selling by the Villages.. with some resales.. MLS is short of resales.. remember people die, move back north to be with family due to health issues.. etc.. this year is slower then most.. from a realtors wife..

[perrjojo]

I don’t know the number of homes in TV but I believe it is around 60,000. A healthy market should have 5% of home for sale.

[Stu from NYC]

The 25% tax increase with more Increases coming and the Virus is the beginning of the end of Florida’s friendliest neighborhood! So sad.

They are talking about a reduction in taxes so as to get reelected but believe we will be seeing some new faces running Sumter county in the near future.