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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?
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Nope
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Not in my Village, only 4 homes available today, there were 6 last year when I bought.
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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.
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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.
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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?
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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 |
Not many for sale in Bonita right now
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Update 3 homes available now, one sold (pending) since my last post.
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If people ask a reasonable price they seem to sell very quickly
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what village are you in?
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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!
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Always home for sale in villages and everywhere else, most sell within two months, always will be. People die, move, and move on.
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Lots of homes on the market. A glut of houses.
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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. |
House sales
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2% of the homes available is about right for a normal market and that is where it stands based on your figures.
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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.
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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.
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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.
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Zillow data
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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.
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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! |
Tv property
Every time you hear an ambulance, there is a home for sale. One reason
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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. |
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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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