Is The Villages, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, The Villages has remained a Seller's Market.
Housing Prices in The Villages, CA
How much do homes in The Villages, CA cost?
Median Sold Price
$762,500
$525/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in The Villages was $762,500 in May 2024, down 5% from last year, and the median price per square foot was $525.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $460K | $461.5K | 0.3% |
2 Bedrooms | $780K | $750K | -3.8% |
3 Bedrooms | $1.1M | $1.1M | +3.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $2.8M | - | N/A |
Summary: The Villages housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Village Montgomery | $737.5K | $746.5K | +1.2% |
The Villages | $802.5K | $762.5K | -5.0% |
Housing Supply in The Villages, CA
How many homes are available in The Villages, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 43 | -10.4% |
Summary: The The Villages real estate market had 43 homes for sale in May 2024, a 10.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 46 | 39 | -15.2% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The The Villages housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.2%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 12 | -40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in The Villages in May 2024, down by 40.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for The Villages, CA
How long does it take to sell a home in The Villages, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 24 Days | +80.4% |
Summary: Homes in The Villages had an average of 24 days on market in May 2024, up by 80.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in The Villages; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.