Sarasota Real Estate

Market Statistics for Silver Oak on Palmer Ranch, Turtle Rock on Palmer Ranch and The Oaks Club were updated this morning. Market Statistics include all MLS sales for the previous six month period as well as current pending sales and listing figures.

Market Statistics for Silver Oak on Palmer Ranch, Turtle Rock on Palmer Ranch and The Oaks Club were updated this morning. Market Statistics include all MLS sales for the previous six month period as well as current pending sales and listing figures. 

Since the beginning of October, we've seen two closed residential MLS sales in Turtle Rock.

On October 2, 2009, a 1,950 square foot home located at 8176 Nice Way in the maintenance free Turtle Rock community of Somerset sold for $267,500 or $137 per square foot. Built in 1998, the home was on the market for only 5 days and the last listed price on the home was $285,000.

On October 16, 2009, a 2,809 square foot home located at 4813 Benchmark Court sold for $440,000. Constructed in 1997, the property was a short sale that was only on the market for one day before going under contract, but took 115 days to close. The last listed price on the home was $449,000.

As of this morning, Turtle Rock has only 11 homes on the market, ranging in price from $299,500 to $799,000. There are 7 pending sales; 4 of those pending sales are in the maintenance free community of Savannah at Turtle Rock. Sales statistics for Turtle Rock are always available here and are updated each month.

MLS Sales information courtesy The Sarasota Association of Realtors and The Mid-Florida Regional Multiple Listing Service. The referenced properties were listed and sold by various MLS participating offices. Information is deemed reliable but not guaranteed.

Since October 1, we've seen two closed MLS sales in Silver Oak, both located in the maintenance-free Vineyards of Silver Oak.

On October 9, 2009, a 2,049 square foot pool home located at 5118 Cote Du Rhone Way sold for $337,000 or $164 per square foot. Built in 2001, the property was on the market for only 29 days and the last listed price on the home was $359,000.

On November 2, 2009, a 2,462 square foot property located at 5159 Cantabria Crest sold for $370,000 or $150 per square foot. Also constructed in 2001, with no pool, the home was on the market for 155 days and the last listed price on the property was $428,000.

This morning showed Silver Oak down to 14 residential listings, ranging in price from $439,900 to $1,100,000. There are currently 3 pending sales; 2 in Silver Oak Estates, and 1 in The Vineyards of Silver Oak. Sales statistics for Silver Oak on Palmer Ranch are always available here and are updated at the beginning of each month.

MLS Sales information courtesy The Sarasota Association of Realtors and The Mid-Florida Regional Multiple Listing Service. The referenced properties were listed and sold by various MLS participating offices. Information is deemed reliable but not guaranteed. .

With 20 current residential listings, Silver Oak on Palmer Ranch (including The Vineyards of Silver Oak) logged 2 sales during the month of August. As of this morning, there are no pending sales.

On August 18, a 3,478 square foot maintenance-free home in The Vineyards of Silver Oak, located at 5101 Cantabria Crest, sold for $605,000 or $174 per square foot. Constructed in 2000, the home was on the market for 180 days and the last listed price on the property was $649,000.

On August 20, a 4,609 square foot home located at 8981 Rocky Lake Court in Silver Oak Estates, sold for $938,000. Built in 2007, the property was on the market for 60 days and the last listed price was $1,199,995.

Including these two transactions, Silver Oak has posted 10 closed sales in the last six months. The average length of time these 10 properties were listed was 367 days with an average price per square foot of $194.

Sales statistics for Silver Oak on Palmer Ranch are always available here and are updated at the beginning of each month.

Sales information courtesy of the Mid-Florida Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.