The Villages, Florida Real Estate Market

The Villages is a development in central Florida, spread over three counties: Sumter County, Marion County, and Lake County. It is 60 miles north of Orlando, Florida.

The Villages is over 30 square miles in size. It is larger than the island of Manhattan.

The Villages, Florida metro area was the fastest-growing U.S. metro area between 2021 and 2022 using the most recent Census Bureau data, (May 2023). It grew by 7.5%.

The most recent Census Bureau data, (May 2023) shows 144,970 residents.

The most recent data shows the median age of Village residents is 67.5.

The Villages is a 55+ community. Residents must be at least 19 years old. There is no real restriction other than that, since 20% of the homes here can be occupied by those under 55 years old.

The Villages has listings in the MLS (Multiple Listings Service) just like other real estate marketplaces. The Villages ALSO has listings in the VLS (Villages Listing Service.)

The MLS the listing service used by Realtors in The Villages. DavidisinFlorida is a Realtor and a member of the local MLS.

The MLS has slightly less than half of all pre-owned properties for sale in the Villages. To buy or sell a property on the MLS requires a MLS agent. (Contact us if we can help you.)

There are no new properties on the MLS in the Villages, all new construction is on the VLS.

The VLS is owned by the developer of The Villages. The VLS is the only place to see new construction, and slightly more than half of all pre-owned homes.

To buy or sell a property on the VLS requires a VLS agent. (Contact us if you would like to be referred to a preferred VLS agent.)

The Villages has two separate and distinct Real Estate markets.

The VLS is operated by The Villages themselves and is the only listing service for new homes in The Villages.

The MLS is the listing service used by Realtors® in The Villages and only has listings for pre-owned homes.

Buyers should have both VLS and MLS representation or they will NOT see all properties available for sale.

Sellers need to decide whether they will list on MLS or VLS.

David is a Florida resident, and a full time resident of The Villages, Florida.

As a Realtor, David keeps abreast of the latest news and price trends in The Villages.

Every Monday the DavidisinFlorida YouTube channel presents an in depth review and analysis of the Villages real estate market.

David constantly researches The Villages real estate market. He produces a a weekly YouTube show that analyzes the information he has uncovered.

Buyers will benefit from knowing the relative value of properties they are considering.

Sellers will benefit from knowing a reasonable asking price: as high as reasonable to maximize return and low enough to generate buyer interest.

As a Realtor, David keeps abreast of the latest news and price trends in The Villages.

David will help you find the best deal in The Villages®.

David helps buyers identify properties they would be interested in. considering many factors, including price, location and size. The next step is to advise the buyer as they consider the various alternatives.

David has extensive experience negotiating deals, and will advise and negotiate on your behalf to obtain the best deal possible. Having an advisor during inspections and other contingencies is essential.

David will help sellers to evaluate recent “sales” and “pending sales” to determine the highest reasonable price for the property.

The problem with pricing too low is that full value may not be realized.

The problem with pricing too high is that buyers will not have interest. We will evaluate all recent data and advise you on pricing.

David has extensive experience negotiating deals, and will advise and negotiate on your behalf to obtain the best deal possible.

All homes built in The Villages owed a bond at the time of construction. This represented the costs to build the infrastructure for that section of The Villages.

These bonds are paid off over time. Older homes may have no bond outstanding at all.

The Villages weekly real estate market update will show you the different price levels for different areas of The Villages. It will also show you trends for pricing, availability, and more for the last few years.

The monthly amenity fee in The Villages is $189. All Village residents pay the same monthly fee of $189 per home.

The amenity fee gives all residents of The Villages access to the following:

Free golf on all the executive golf courses.

Reduced rates on the championship courses.

Access to 80 recreation centers located throughout The Villages. The recreation areas have swimming pools, pickleball, tennis, bocce, and cornhole.

Parks, dog parks, and fishing areas are located throughout The Villages.

24 Hour neighborhood watch service.