Villages real estate market update q2 2024
 

Community-Wide Results by Properties of The Villages

Spanish springs area

Lake Sumter Landing Area

Brownwood Area

Sawgrass grove area

Eastport area

Strong 2nd Quarter.

Interesting that they sell just about as many new homes as used and at a lower average price.

Also interesting how they restructured the sales areas.

Build Baby Build!

Lower price upfront for new, but that bond adds thousands!

Lower Price Needed
 

I noticed the price has stayed the same over the last year too. Lower prices should continue to help the market. If the Villages continues to sell “new homes” at their current rates and build accordingly, it will take at least a decade to sell out the entire area they have been working on. There is no rush if anyone is on the fence about buying.

I am sure they own more land than we know about.

What’s also interesting is that the Villages south of Warm Springs and west of the Turnpike don’t seem to exist on any of the sales area maps any longer…Fenney, etc. Are we just in “no man’s land?”

What is the definition of "Homes & Villas Pending"? Is it the number of homes & villas that offers have been accepted and are waiting for closing to be completed at the end of the quarter?

If that is the definition then showing YTD numbers makes no sense.