There are currently 14 homes listed for sale in Live Oak Reserve as reported in the My Florida Regional MLS (MFR MLS), 5 are under contract, and 28 have sold in the most recent 120 days. There is currently 2 months of inventory, a strong sellers’ market. (A market considered to be balanced between buyers and sellers has 5-7 months of inventory).
The median list price for the 14 homes currently for sale is $432,450 and $139.69 per heated square foot with a range* of $132.40 and $167.49. These homes have been on the market for a median of 44 days.
The median price for the 28 homes sold in the most recent 120 days was $464,950 selling for 99% of list price and $147.33 per heated square foot, with a range* of $112.16 and $233.91. Median days on the market for these homes was only 11 days.
*Price per heated square foot of homes sold most comparable to yours and most recently sold is only a starting point in determining your home’s value. Age and size of the home, lot size and view, condition, upgrades, and other factors can have a significant affect on the price a buyer is willing to pay. As real estate professionals, we are experts at that and are glad to help you.
For all the details of homes currently on the market, under contract, and sold in the last 120 days as reported by the MFR MLS, see https://www.jeanscotthomes.com/wp-content/uploads/2017/08/Live-Oak-Reserve-Homes-for-Sale-Under-Contract-and-Sold-08-03-17.pdf.