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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in The Villages. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 352-446-5299
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| Average Home Price | $150,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $150,000 - $199,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in The Villages is | Increasing |
| Seller Activity for the past 90 days in The Villages is? | No Change |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Some. But this depends on listing price, location, and quality of the home. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | The Villages retirement lifestyle is fantastic--likely the best retirement community in the world. |
| Nearest Metro Area | The Villages |
| Housing Hot Spots | Most cities within the Sumter County area are considered ’Housing Hotspots’ |
| Average Sold Price | $150,000 - View Graph Trend |
The Villages Local News
News for The Villages, FL - March 6th, 2012 8:38pm
From mid December 2011 through February 2012, the volume of sales has been nearly triple as compared to the same time a year ago. Reasons given for some of the purchases have included "taking advantage of the low prices", "tired of having their lives on hold for three years", and occasionally "finally sold their property and can now buy".
Contact Information
Michael Schiedermayer
352-446-5299
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Michael Schiedermayer
Buena Vista Realty Group
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 352-446-5299
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