Campins Group founder Katrina Campins discusses how the burgeoning property market is helping the United States emerge from an economic recession caused by the coronavirus pandemic.
The Villages is an active community of over 55 years north of Orlando in central Florida.
The unique community offers recreation, shopping, dining, and medical care, with 50 golf courses, 12 country clubs, and three seats, according to TheVillagesFlorida.com. It also has over 90 miles of golf cart trails.
The towns’ population grew rapidly over the past decade from around 94,000 in 2010 to more than 125,000 as of 2017, according to the US Census Bureau.
The Villages, a retirement community in Florida. (iStock)
HERE IS WHAT YOU CAN GET FOR $ 700,000 IN MILWAUKEE
As in most of the United States, the local residential market has been affected by the coronavirus pandemic. The number of closings in Sumter County, where most of The Villages is located, in June decreased 15.4 percent year-over-year, from 117 last year to 99, according to Florida Realtors.
However, the lower number of sales appears to have helped drive prices. The average sale price increased 9.2 percent in June compared to the previous year, from $ 244,900 to $ 267,500, according to the Realtors group.
The number of new listings hit a low of 95 in April, which was a 26.4 percent drop from April 2019, according to Real Estate Agents. However, the market appeared to be rebounding with 138 new listings in May and 139 in June, representing a 13.9 percent increase compared to June 2019.
Here’s a look at what you can get on a budget of $ 900,000 in The Villages, Florida:
Iron Oak Way – $ 889,500
This house at The Villages is listed for $ 889,500. (ERA Grizzard Real Estate)
EXCLUSIVE: $ 54M MULTIPLE COMPOSITE HOUSING MARKET IN FLORIDA
This house built in 2016 is located in a reserve and offers views of nature.
The 2,902-square-foot home includes three bedrooms and two baths, as listed with Cynthia Wheeler of ERA Grizzard Real Estate.
This house at The Villages is listed for $ 889,500. (ERA Grizzard Real Estate)
The home has a fireplace, tray ceilings, and crown molding. The kitchen includes a breakfast bar. The master suite has two walk in closets and the master bath includes a shower and dual vanities.
This house at The Villages is listed for $ 889,500. (ERA Grizzard Real Estate)
The backyard includes a cobblestone patio and a stone waterfall. The house has a new coat of paint and a new roof was installed this year, according to the listing.
This house at The Villages is listed for $ 889,500. (ERA Grizzard Real Estate)
HERE IS WHAT YOU CAN GET FOR $ 800,000 IN FLAGSTAFF, ARIZONA
Table Route – $ 824,900
This house at The Villages is listed for $ 824,900. (RE / MAX Premier Realty)
HERE IS WHAT YOU CAN GET FOR $ 900,000 IN GULF SHORES, ALABAMA
This house built in 2013 looks out onto a golf course and a pond from a huge seamless glass wall.
The 3,407-square-foot home includes four bedrooms and two baths, as listed with Debbie Roberts of RE / MAX Premier Realty.
This house at The Villages is listed for $ 824,900. (RE / MAX Premier Realty)
The home features an open floor plan with a spacious great room with crown molding, a wet bar, and large rear window. The kitchen includes a granite island, a cafeteria and a pantry. There is also a screened terrace with summer kitchen and grill.
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This house at The Villages is listed for $ 824,900. (RE / MAX Premier Realty)
The master suite includes vaulted ceilings and custom closets. The master bath features double vanities, plenty of storage space and a rainfall showerhead.
This house at The Villages is listed for $ 824,900. (RE / MAX Premier Realty)
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