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Live Oak Reserve Nosy Neighbor News for December 2016

Live Oak Reserve_Oviedo FL_2013-04-30-17-56-41Live Oak Reserve is one of Greater Orlando’s premier communities. It’s located east of the Econ River in semi-rural Seminole County on the east end of Oviedo. Many homes have private pools, conservation or water views, and 3-car garages. Partin Elementary, Chiles Middle, and Hagerty High schools, all zoned for Live Oak Reserve, have reputations for excellence, and are consistently among the highest rated schools in the state. For more photos, a video tour, and community details, visit http://www.LiveOakReserve.us.

There are currently 14 homes listed for sale in Live Oak Reserve as reported in the My Florida Regional MLS (MFR MLS), 4 are under contract, and 10 have sold in the most recent 120 days. The market has shifted from a strong sellers’ market to balanced one in just one month with 5.6 months of inventory. (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 $457,450 and $151 per heated square foot with a range* of $124 and $167. Median days on the market is way up again from 59 reported last month to 67. 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 10 homes sold in the most recent 120 days was $467,450 selling for 98% of list price and $150 per heated square foot, with a range* of $123 and $166. These homes were on the market for a median of just 11 days. The homes with the best price and in the best condition are the ones that sell 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 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/2016/12/Live-Oak-Reserve-Homes-for-Sale-Under-Contract-and-Sold-12-07-16.pdf

Are you considering selling? Please visit https://www.jeanscotthomes.com/thinking-about-selling-your-home-let-us-help/ or call us today at 407-564-2758.

If you need a home to buy, we can help you there, too. Just visit https://www.jeanscotthomes.com/looking-great-home-can-help/ to learn more. 

Thomas Scott, REALTOR
Thomas Scott REALTOR®, GRI®

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