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Sue Albritton
Landmark Mortgage Planners

Market spotlight: Oak Run

Let's check in with Oak Run, a private gated community for those 55 and over located in Ocala’s Highway 200 Corridor. This exclusive neighborhood is geared towards active adults and features a private community golf course, community center, tennis courts, an outdoor pool as well as an indoor heated pool and much, much more. Oak run is an ideal neighborhood for retirees who want spectacular resort style living in one of Central Florida's premier active adult communities.

Oak Run currently has 89 homes on the market revealing 6.2 months of inventory available. This is almost a perfectly balanced market, neither favoring buyers nor sellers. The good news for buyers here is that with 89 homes to choose from, there are plenty of options. But buyers will have to act quickly, because an average of 18.3 homes have been selling per month over the last three months.

Stability in the market here is evident in the very small change in the average price per square foot that can be seen over the last 12 months. However, market activity has seen a bit of a pickup in action, and there has been a fairly significant rise in the average number of homes sold per month, with only a slight drop in the last three months.

While the average list price of homes here is $135,972, homes range in price from $58,000-$299,500, catering to a variety of buyers.

If you are looking for a leading retirement neighborhood, this Central Florida golf and country club community allows you to enjoy a beautiful home in a recreational community located on lush Florida real estate. Take a look today!

 

 

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