Live Oak Reserve Home Prices for March 2017.
Live Oak Reserve is a premier and very desirable community in southeast Seminole County, on the east end of Oviedo. The well built, mostly Engle homes, feature private pools, conservation or water views, and 3-car garages. Live Oak Reserve is zoned for the following schools that all have a reputation for excellence, Partin Elementary, Chiles Middle, and Hagerty High schools.
There are currently 7 homes listed for sale in Live Oak Reserve as reported in the My Florida Regional MLS (MFR MLS), 3 are under contract, and 10 have sold in the most recent 120 days. There is currently 2.8 months of inventory, also called the absorption rate, 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 7 homes currently for sale is $489,900 and $129.46 per heated square foot with a range* of $123.75 and $167. Median days on the market is down from 98 days reported last month to 49 days.
The median price for the 10 homes sold in the most recent 120 days was $372,500 selling for 97% of list price and $135.48 per heated square foot, with a range* of $113.24 and $147.40. Median days on the market for these homes was 67 days. These stats, as reported monthly, continue to indicate that best price and in the best condition are the ones that are selling quickly.
*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 about Live Oak Reserve Home Prices for March 2017 for the last 120 days as reported by the MFR MLS, see https://www.jeanscotthomes.com/wp-content/uploads/2017/03/Live-Oak-Reserve-Homes-for-Sale-Under-Contract-and-Sold-03-07-17.pdf.
Are you considering selling? Call us today at 407-564-2758.