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Live Oak Reserve Home Prices | May 2017

2390 Sterling Creek Pkwy, Oviedo, FL 32766Live Oak Reserve is a premier community in Seminole County, on the east end of Oviedo. The homes are well build, mostly by Engle Homes and feature private pools, conservation or water views, and 3-car garages. Live Oak Reserve is zoned schools that all have a reputation for excellence. They include Partin Elementary, Chiles Middle, and Hagerty High schools. 

There are currently 10 homes listed for sale in Live Oak Reserve as reported in the My Florida Regional MLS (MFR MLS), 11 are under contract, and 15 have sold in the most recent 120 days. There is currently 2.7 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 10 homes currently for sale is $481,450 and $144.46 per heated square foot with a range* of $119.94 and $164.72. Median days on the market is about the same as it was last month at 22 days. To see the homes in Live Oak Reserve that are currently on the market, please visit http://Homes.LiveOakReserve.us.

The median price for the 15 homes sold in the most recent 120 days was $369,000 selling for 97% of list price and $145.28 per heated square foot, with a range* of $113.24 and $166.15. Median days on the market for these homes was 94 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/2017/05/Live-Oak-Reserve-Homes-for-Sale-Under-Contract-and-Sold-05-07-17.pdf.

Thomas Scott, REALTOR
Thomas Scott REALTOR®, GRI®

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