Pre-Owned Homes Staying On The Market for Months
 

Just wondering why some pre-owned homes stay on the market for many months? For example, a turnkey courtyard villa in the Village of Santiago listed on the MLS has been on the market for 9 months. Looks really nice in the photos, fairly neutral decor, doesn't look really outdated to me, and doesn't seem to be really high priced ($205K). Or maybe this is too highly priced? I'm going strictly by the on line photos; I have not seen this CYV in person.

For those of you who are familiar with the real estate market in TV, what do you think?

Visited at an open house. Very nice home with nice furniture. Price is not unrealistic for a turnkey cvv and is in a nice neighborhood. I know this house because I own a house right down the street. I too am surprised at how long it has been on the market.

Maybe some people really want new

I looked at the MLS and think I found it. The home is nice, however I don't think it has much curb appeal. The exterior patio area could be power washed. It may not be selling because the inside has not really been updated. What is the age of the roof. How old is the HVAC system? There are a lot of people looking for this type of home, however their price pint is $200k. I would suggest this home needs to be slightly under the $200k mark so that people will find it when doing a search for homes

Some homes just take awhile to sell. It will sell and probably 2 buyers wanting it in the end.

I agree needs updating, plus you don’t know if offers have been on the table to reflect improvements, and owner just doesn’t get it

The house I bought languished on the market for several months before I decided to buy it -- and then I ended up in a bidding war with someone else who discovered it.

My sister bought a house a block away within hours of its listing and left several other potential purchasers in the dust.

TV is an interesting market. Like most real estate markets gems occasionally appear. If you know what you want, where you want, and why you want you'll recognize the gem when it appears.

One of my goals when I purchased was to not want to move again. So far so good.

I look at preowned on the website all the time. It seems to me that a great number of these are in the "northern" areas. I look at the map locations, and often notice a real lack of pools in some of these areas. Seems that the only pools are at the country clubs up there. That is a deal breaker for me. A lot of preowned in Woodbury, Santiago, Calumet Grove, but I don't see a lot in the way of neighborhood pools. There is even a section in Woodbury, the Phillips Villas, where there is a pool, but going by the TV homes website app, there is no access to the area. If you look at the roads, that area seems completely cut off.
Location, location, location??

When we had to sell our first house, I had done so much work on it I insisted on a price that reflected all my work. A year later I woke up and listed at the price the realtor suggested and guess what, it sold.

Sometimes a snowbird will put a house on the market at a ridiculous price, just to see if some sucker will bite.

On a side note, in my deed it states that The Villages has the right to first offer on the house, does anyone know about that?

I live in Haciendas of Mission Hills. The houses listed have been selling in days if not on the day they are listed, as of late. I cannot believe that I see it listed one day and sometimes that afternoon they are pending. About 5 or so have gone in less then a week recently. I am curious why they are going so fast right now.

What this person says....it could be a location issue or what does the rest of the neighborhood look like? There are so many factors re: the sale of a home. What someone else thinks is just fine with the interior, others may not. Sometimes I think the shows on HGTV really drive how people think with many things---decorating, "curb appeal", staging and the list goes on.

I would guess because they are newer, and are more centrally located.

That home should sell for $190,000 at best with a lot of outdated stuff

[QUOTE=Schaumburger;1575167]Just wondering why some pre-owned homes stay on the market for many months? For example, a turnkey courtyard villa in the Village of Santiago listed on the MLS has been on the market for 9 months. Looks really nice in the photos, fairly neutral decor, doesn't look really outdated to me, and doesn't seem to be really high priced ($205K). Or maybe this is too highly priced? I'm going strictly by the on line photos; I have not seen this CYV in person.



Can you link us to the one you are discussing? I love looking at homes.

Mission Hills
 

Mission Hills is unique because of its location between Sumter and Spanish Springs and it looks like everyone maintains the exterior of the homes/lots very well with some continuity. Nice area!.....in my opinion