Florida Life Market Report

Oak Hill, FL

Single-Family Homes

Tim & Sarah Caudill - www.floridaliferealestate.com



Oak Hill, FL

Mon Feb 06 2023
This week the median list price for Oak Hill, FL is $475,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has held steady at or around 5. Click here to stay informed with the Oak Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Oak Hill, FL

Mon Feb 06 2023
This week the median list price for Oak Hill, FL is $475,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has held steady at or around 5. Click here to stay informed with the Oak Hill market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Oak Hill market.
Median List Price $475,000
Median Price of New Listings $480,000
Per Square Foot $261
Average Days on Market 115
Median Days on Market 84
Price Decreased 60%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 46
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$990,000 3,468 5 - 10 acres 5 2 19 0 0 315
$480,000 2,517 0.5 - 1 acre 2 2 113 1 0 0
$475,000 0 10 - 20 acres NaN 0 47 0 0 126
$359,888 1,172 8,000 - 10,000 sqft 2 2.3 1 0 0 66