Is The Villages, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, The Villages has remained a Seller's Market.
Housing Prices in The Villages, FL
How much do homes in The Villages, FL cost?
Median Sold Price
$378,666
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in The Villages was $378,666 in March 2024, down 2.9% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $231K | $220K | -4.8% |
2 Bedrooms | $315.9K | $305K | -3.5% |
3 Bedrooms | $429.8K | $419.1K | -2.5% |
4 Bedrooms | $1.1M | $707.4K | -39.1% |
5+ Bedrooms | - | $2.4M | N/A |
Summary: The Villages housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 39.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Wildwood | $320.4K | $317.1K | -1.0% |
Oxford | $357.7K | $350K | -2.2% |
The Villages | $389.9K | $378.6K | -2.9% |
Lady Lake | $320K | $305.1K | -4.6% |
Fruitland Park-Lady Lake | $320K | $288.1K | -10.0% |
Housing Supply in The Villages, FL
How many homes are available in The Villages, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
421 | 435 | +3.3% |
Summary: The The Villages real estate market had 435 homes for sale in March 2024, a 3.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 125 | 129 | +3.2% |
3 Bedrooms | 282 | 291 | +3.2% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The The Villages housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 102 | +20.0% |
Asking Price vs. Sold Price
79 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 102 homes were sold or pending in The Villages in March 2024, up by 20.0% month-over-month. Of the 102 sold homes, 77% were sold under asking, 11% were sold at asking, and 12% were sold over asking.
Days on Market for The Villages, FL
How long does it take to sell a home in The Villages, FL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 43 Days | -11.7% |
Summary: Homes in The Villages had an average of 43 days on market in Mar 2024, down by 11.7% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
22 Homes Were Sold
Over 90 Days
Summary: During March 2024, 102 homes were sold in The Villages; 60% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.