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Live Oak Reserve Nosy Neighbor News for February 2016

Live-Oak-Reserve_Oviedo-FL_2013-04-30-17-42-38
Live Oak Reserve, located in Oviedo, FL is one of Central Florida’s premier communities. Amenities available exclusively to residents include a community pool, club house, and sports center that features basketball and tennis courts. Developed and mostly built by Engle Homes, it is well designed and its homes feature several awards winning floor plans. It is zoned for highly rated, Seminole County Schools, Partin Elementary, Chiles Middle, and Hagerty High. To see a brief video tour and more photos, please visit http://www.LiveOakReserve.us.

Currently, there are only 10 homes listed for sale in Live Oak Reserve, as reported in the My Florida Regional MLS (MFR MLS). 6 are under contract, and 15 have sold in the most recent 120 days. Live Oak Reserve has only 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 $441,950 and $146 per heated square foot with a range* of $121 and $165. Median days on the market is 77. 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 $380.000, selling for 98% of list price, and $133 per heated square foot, with a range* of $110 and $149. The median days on market for these homes was 74, up from last month.

*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 Live Oak Reserve- Active, Under Contract, and Sold in the Last 120 Days (02-05-16).

Get up-to-date market data for your community directly to your email inbox on your schedule (once a week to once per quarter). Visit our Market Snapshot page for more information. No cost or obligation, unsubscribe at any time, and we won’t spam you. Promise.

Are you thinking about selling? See an one of our real, virtual tours and an example of the kind of marketing we will do for you, https://www.jeanscotthomes.com/see-a-real-virtual-tour/.

For a no-obligation home valuation and consultation, please call us today at 407-564-2758. Thank you for the opportunity to earn your business.

Thomas Scott, REALTOR
Thomas Scott REALTOR®, GRI®

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