Nestled in the Econ River basin, Live Oak Reserve is one of the premier communities in Seminole County on the east end of Oviedo. Home features include private pools, conservation or water views, and 3-car garages. The schools zone for Live Oak Reserve, Partin Elementary, Chiles Middle, and Hagerty High schools, 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, same stats as reported last month. 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 $150 per heated square foot with a range* of $123 and $167. Median days on the market is way up again from 67 reported last month to 112 . 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 $432,500 selling for 98% of list price and $150 per heated square foot, with a range* of $132 and $162. These homes were on the market for a median of just 11 days. These stats, as reported monthly, continue to indicate that best price and in the best condition are the ones that are selling. The rest languish on the market.
*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 Real Estate Detail & Summary (01/07/17).
Are you considering selling? Please visit Sell.JeanScottHomes.com or call us today at 407-765-2912.
If you need a home to buy, we can help you there, too. Just visit Buy.JeanScottHomes.com to learn more.