Talk of The Villages Florida

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-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Seems like a lot of homes for sale. (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/seems-like-lot-homes-sale-308984/)

Timothyimitchell 07-13-2020 03:15 PM

Seems like a lot of homes for sale.
 
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 07-13-2020 03:16 PM

Nope

Velvet 07-13-2020 03:26 PM

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

Villagerjjm 07-13-2020 03:40 PM

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 07-13-2020 03:43 PM

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 07-13-2020 03:49 PM

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 07-13-2020 03:50 PM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-13-2020 03:58 PM

Not many for sale in Bonita right now

Velvet 07-13-2020 04:13 PM

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

Packer Fan 07-13-2020 05:40 PM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-13-2020 06:27 PM

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

rjn5656 07-13-2020 06:48 PM

what village are you in?

wisbad1 07-13-2020 06:52 PM

Quote:

Originally Posted by JoMar (Post 1802743)
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 07-13-2020 07:08 PM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-13-2020 07:27 PM

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 07-13-2020 10:58 PM

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

Rwirish 07-14-2020 05:09 AM

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

MandoMan 07-14-2020 05:30 AM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-14-2020 05:35 AM

House sales
 
Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-14-2020 06:33 AM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-14-2020 06:35 AM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-14-2020 06:37 AM

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

mikeritz53 07-14-2020 06:37 AM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-14-2020 06:45 AM

Quote:

Originally Posted by Bill1701 (Post 1802909)
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 07-14-2020 07:16 AM

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 07-14-2020 07:22 AM

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 07-14-2020 07:23 AM

Quote:

Originally Posted by Choro&Swing (Post 1802874)
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 07-14-2020 07:32 AM

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 07-14-2020 08:08 AM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-14-2020 08:27 AM

Zillow data
 
Quote:

Originally Posted by melpetezrinski (Post 1802807)
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 07-14-2020 09:34 AM

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 07-14-2020 09:40 AM

Quote:

Originally Posted by Timothyimitchell (Post 1802938)
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 07-14-2020 09:53 AM

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 07-14-2020 10:48 AM

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


Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-14-2020 04:39 PM

Quote:

Originally Posted by Curtisbwp (Post 1803080)
Every time you hear an ambulance, there is a home for sale. One reason

No that is an open tee time

yankygrl 07-14-2020 04:42 PM

Quote:

Originally Posted by Bogie Shooter (Post 1803045)
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 07-14-2020 06:13 PM

Quote:

Originally Posted by Kim Fowler (Post 1803052)
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 07-14-2020 06:15 PM

Quote:

Originally Posted by Timothyimitchell (Post 1802938)
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 07-14-2020 07:47 PM

Quote:

Originally Posted by Timothyimitchell (Post 1802731)
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 07-15-2020 06:15 AM

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.


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