How Long Are Villas Taking to Re‑license? A Look at the Trends Market research from UMR and Primary Purpose shows clear patterns in how long it takes for ORAs to be re‑licensed after a resident leaves. What the data shows: Between 2020–2022, “approx. 75% of all ORAs were relicensed in under 6 months” and around 90% within 9 months. In 2023, as the housing market softened, only 62% were relicensed within 6 months, with 84% completed by 9 months. In 2024, performance remained similar: “Research suggested that 65% were sold at 6 months. What this means in practical terms: In strong housing markets: ~75% relicense within 6 months Another ~15% by 9 months Most of the remainder by 12 months In tougher markets (like now): 60–65% relicense within 6 months 20–25% by 9 months Around 10% between 9–12 months Final 5% at the 12‑month mark. This information helps set realistic expectations for residents and families navigating the resale and repayment process.