TV: when do homes sell?
 

I'm watching the market . . . Is there a season when home sales increase a lot? As in, Spring, Winter, etc. A lull in the Summer?
TIA.

Since it is a retirement destination I would think the sales are spread out over the year. However I would expect the looking at potential properties would not be in Dec and probably pick up for the summer. However the decision to buy in the Villages could be made any time so actual settlements would probably be spread over all the months except December.

Several houses in my immediate area went on the market recently (within the past two months or so) & they sold quickly. I know it is a teeny representation of The Villages, but from what I see there is no summer slow-down. In fact if someone wanted a house here & was waiting for the autumn, then they missed out on some nice houses. (These are all resales).

They seem to go faster in the winter when more people are here.

This is for the MLS only:

The Villages is no different than most every other geographical market. Spring is by far the most active with Summer a strong second but it does tail off at the end of the season. December and January are the slowest.

Remember, you dont have to worry about the school calendar - being in new school district for the start of the school year.

When we bought our home the two months with the mosts sales were May and July.

The closing department seems busy year round, but for us homes sold at a higher rate in April, May, June.

There is one truism in buying real estate (or most any other high-ticket item), if you want to get the "best deal", buying Christmas week is usually the best time to do it.

I bought my place in TV, on December 19th.

Snowbird season is the selling season for TV and it is busiest in early spring which is toward the end. Things will be slow from now until after New Years.

As of June 2024, home sales in The Villages, Florida decreased by 14% year-over-year, and the median listing price was $375,000, which is a 6.2% decrease from the previous year. Experts predict that the median sale price in Florida may decrease in 2024 due to increased inventory. If you want to buy wait ..

My two cents. I’ve been selling homes in The Villages for 23 years. The record setting sales months have always been June, July, August and September. Why? We have the most lookers in the winter but they’re renting for months to decide where, in Florida, they want to live. 80% of residents are full time. After Jan-March they go back north and up north homes sell when there’s no snow on the ground and schools out. The only year summer wasn’t the busiest was 2010 when a stimulus package gave home buyers $8000 in a check from the government if they had a contract to purchase by the end of April.

Interesting, I’ve been trying to decide when to put mine on the market. I would have thought Winter when they are here so I appreciate this info..

Sales shoot up when interest rates drop and/or house prices drop. Sellers have no control over interest rates, but a buyer who can pay cash doesn’t have to worry about that. When I bought my current home here, the seller lowered the price of a house I was interested in by 12% ($40,000) and I put in an offer to buy it that day. On the other hand, I lowered the price of my previous home here but $75,000 to make the sale. If I had put it up a couple months earlier, before interest rated went up and buying slowed, I would have got my asking price in a few days.

When we bought, our agent told us the sales started picking up in July/August. We bought the end of June and there were more houses on the market. Several other houses in close vicinity sold within a couple of weeks after we closed.