With 22 active listings, Silver Oak logged two residential sales in January. A 3,920 square foot home at 8960 Rocky Lake Court sold on January 30 for $943,750, or $241 per square foot. Built in 2004, and on the market for a little over one year, the last listed price on the property was $1,000,000.

Also on January 30, a 3,283 square foot home built by Todd Johnston in 2004--the Stratford III model--sold for $730,000, or $222 per square foot. The last listed price on the property, located at 5327 Hunt Club Way was $799,900. I was the selling agent on this home.

As of this morning, there are 7 pending sales in Silver Oak, which represents almost 25% of the active listings in this upscale Palmer Ranch neighborhood. Including the 2 sales in January, there have been 11 closed transactions in Silver Oak in the last 6 months with an average price per square foot of $215.

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

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