Jul
22
Oakleaf Real Estate Update - July 2010
Posted by under For Buyers, For Sellers, General Information
Whether you are a current resident in Oakleaf Plantation, or thinking about moving into the area; it is important to be aware of whats going on with housing values. So, lets take a look at what June 2010 held for us. Total home sales in Oakleaf Plantation (and Clay County part of Argyle) totalled $7.25M in volume. This is up almost 22% from June of 2009 when we had only $5.9M in sales volume.
These increased sales is largely due in fact to more affordability, as prices are still declining. The average home sale price was $196K in June of 2010. This is down nearly 18% from just 12 months earlier when prices were averaging $238K. Despite high sales volume, the prices in Oakleaf are much like the rest of the city, we are on a 1-2% decline each and every month. This is important information to track if you have any intention on selling your home in the next few years.
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