[Michael 61]

For those who want to know why some people (including myself) held out for Richmond - see my thread entitled “I won the Richmond lottery” — Location was the big draw to this new village, as well as homes in the northern section of Richmond are far away from the turnpike, and this will hopefully impact resale value in the event I ever decide to sell.

[TeresaE]

Preowned homes sold through Properties of The Villages (the in-house Villages Real Estate Office) are not listed in the mls. Also, Florida has just gone through two Hurricanes, one major, and we had a national election. While the data is interesting, not sure how it will play out over the long run.

[vintageogauge]

Originally Posted by Laker14

I wouldn't argue with your first point. They have the market cornered on new construction. I'm not sure that new homes are selling as fast, and for as much as they were during the fevered pitch days before the interest rates started to climb. Perhaps they are. I don't know.

As far as the 2nd point, again, while that may be true, we never get any information from that site as to what the final sale price was. We get asking price, and then once the sale is pending, there is no more information to be had, unlike the MLS listings for which, upon closing, the sales price becomes readily available on the internet via sites like Zillow and Trulia.

I have a friend who flips houses in TV, after renovating them, and he uses VLS as his sales broker. He assures me things have slowed down significantly even using VLS. He currently has at least one home on the market now, and has dropped the price at least once.
Another thing missing from the VLS site is "days on the market". They don't like that information to be out there, so it's really hard to know if your point about them "selling twice as fast" is accurate.

At the end of each month The Villages gives the details regarding days on market and average selling prices of re-sale homes in their little homes flyer that comes in the mail.

[Altavia]

Originally Posted by Laker14

.

As far as the 2nd point, again, while that may be true, we never get any information from that site as to what the final sale price was. We get asking price, and then once the sale is pending, there is no more information to be had, unlike the MLS listings for which, upon closing, the sales price becomes readily available on the internet via sites like Zillow and Trulia.

Sell price is available on the Sumter County web site.

[DAVES]

Originally Posted by vintageogauge

At the end of each month The Villages gives the details regarding days on market and average selling prices of re-sale homes in their little homes flyer that comes in the mail.

That is public information, it is or used to show on Zillow.
I am neither buying or selling but has anyone but me noticed prices like 389,729. Where do these strange prices come from? What happened to pricing in magic numbers such as 389,999. This feeding frenzy seems to be in most places.

For people complaining about rising prices here, Hopefully, assuming you had a previous home that too has gone up.

[DAVES]

Originally Posted by Altavia

Home sales where the buyer has a contingency on the sale of the buyers home is starting to introduce delays.

I doubt contingency's are permitted for new home sales.

As far as AGREEING to sell a home based on the buyer being able to sell theirs, I would not accept such a contract unless I was getting SIGNIFICANT damages if the deal was not completed-CASH HELD BY ME..

I am not looking to buy or sell but seems people are hoping to win a lottery to buy a home. Surely if they accept a bid and you then try to put in a contingency when you sell your other home, they just go to the next buyer.

[eweissenbach]

Originally Posted by DAVES

That is public information, it is or used to show on Zillow.
I am neither buying or selling but has anyone but me noticed prices like 389,729. Where do these strange prices come from? What happened to pricing in magic numbers such as 389,999. This feeding frenzy seems to be in most places.

For people complaining about rising prices here, Hopefully, assuming you had a previous home that too has gone up.

The Villages has always priced new homes with odd numbers like that. I would assume it is a marketing strategy to make the prices appear to be the fairest possible price.

[charlie1]

Originally Posted by eweissenbach

The Villages has always priced new homes with odd numbers like that. I would assume it is a marketing strategy to make the prices appear to be the fairest possible price.

Actually, they have a base price and then a list price for each option added to the house.
When we were looking at new houses before buying here, we found more builders that are sticky with fixed prices for options that are based on their cost and markup percent. They do not round the price of the options. They just add the cost of each individual option to get the final price of the home. Thus, the odd selling prices.

[dewilson58]

Originally Posted by charlie1

They do not round the price of the options. They just add the cost of each individual option to get the final price of the home. Thus, the odd selling prices.

Bingo

[Michael 61]

Originally Posted by charlie1

Actually, they have a base price and then a list price for each option added to the house.
When we were looking at new houses before buying here, we found more builders that are sticky with fixed prices for options that are based on their cost and markup percent. They do not round the price of the options. They just add the cost of each individual option to get the final price of the home. Thus, the odd selling prices.

As a recent buyer of a new home, I can confirm this. I have a base price for my home, then line-items for any add-ones, and a surcharge for an over-sized and premium lot.

[Bilyclub]

North DeLuna is not a good location cart wise, especially if you want to get to Fenney.

[Babubhat]

Grabbed a new home in Richmond on premium lot. It was over 100k less than a pre owned near 466a. No brainer.

Don’t have to deal with ac and roof replacement issues

[Altavia]

Originally Posted by Bilyclub

North DeLuna is not a good location cart wise, especially if you want to get to Fenney.

Really?

The difference is an additional 0.5 mi to the Turnpike bridge.

Much of Richmond is built on former swamp land the Villages drained and added 10ft of dirt.

There are no Championship courses to flood in an extreme rain event.

Attention Required! | Cloudflare

[JohnN]

Originally Posted by melpetezrinski

VLS is NOT primarily new homes. In fact, it's almost 3 to 1 the other way.

I'm talking sales, not listings

[melpetezrinski]

Originally Posted by JohnN

I'm talking sales, not listings

Back when we were selling our villa in early 2022 as a FSBO, I compiled data of homes under $325k that contained new construction, listed, pending, sold and by realtor. For 87 days, there were 5 FSBO's sold, 114 sold on the MLS, 82 sold on the VLS and 159 new homes sold. This is when St. Johns was starting and the SW part of Hawkins opened up.