Live Oak Reserve is nestled in the Econ River basin on the east end of Oviedo, FL and is among Central Florida’s most desirable 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 award-winning floor plans. It is zoned for Seminole County Schools that have a reputation for excellence. They include Partin Elementary, Chiles Middle, and Hagerty High. To see a brief video tour and more photos, please visit http://www.LiveOakReserve.us.
There are 11 homes listed for sale in Live Oak Reserve, as reported in the My Florida Regional MLS (MFR MLS). 7 are under contract, and 15 have sold in the most recent 120 days. Live Oak Reserve has only 2.9 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 $405,000 and $144 per heated square foot with a range* of $120 and $164. Median days on the market is 34. 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 $375.000, selling for 98% of list price, and $130 per heated square foot, with a range* of $110 and $149. The median days on market for these homes was 47, down quite a bit 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 https://www.jeanscotthomes.com/wp-content/uploads/2016/03/Live-Oak-Reserve-Homes-for-Sale-Under-Contract-and-Sold-03-08-16.pdf.
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