With 4 sales still pending and 22 current active listings, upscale Sarasota gated community Silver Oak on Palmer Ranch posted one residential sale for the month of October.

A 2,469 square foot maintenance-free home in the Vineyards of Silver Oak sold on 10/28/2008 for $500,000 or $203 per square foot. Built in 2002, the last listed price on the property, which had been on the market since February, 2008,  was $529,700.

Since the beginning of May, Silver Oak has posted seven (7) closed residential MLS sales with an average price per square foot of $216. Sales statistics for Silver Oak are always available here and 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.