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Laurel Park Homes Market Update

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Laurel Oak Park  is a beautiful community of approximately fifty spacious park like setting homes located in very desirable Northwest Bradenton.  Homeowners love the uniqueness, spacious floor plans and  pride of ownership is evident in this outstanding community.

We specialize in the representation of homeowners from Laurel Oak Park, and believe you deserve access to the most current, objective and comprehensive information about Laurel Oak Park.

Like any other investment, you should know everything you can about its value and marketability. That is why we are happy to enclose this complimentary report on the current sales activity in Laurel Oak Park. The following tables contain information on homes sold in Laurel Oak Park.


There are many reasons people have to sell their homes and when the time is right for you we will be happy to setup a free consultation to discuss your real estate needs. We can help if you are:
   Facing Foreclosure      Shortsale     EstateSale     Downsizing     Relocating     Expired Listing     Divorce     Upsizing
 
                                      Questions please call or email our Laurel Oak Park Agent  941-224-4685

SUMMARY OF HOMES SOLD BETWEEN 1/1/2010 & 12/31/2011 
  Homes Sold Annual Turnover Avg Sales Price Avg Price per Sq Ft
1/1/2011 to 12/31/2011 4 7.5% $313,500 $124.71
1/1/2010 to 12/31/2010 3 5.7% $321,000 $132.92
Difference +1 +1.8% -$7,500 -$8.21
DETAILS ON RECENTLY SOLD HOMES THROUGH 12/31/2011
Address Year Built Beds Baths Living Area (Sq Ft) Sold Price Price per Sq Ft Date Sold
1605 86th NW CT 2001 4 3 2,548 $310,000 $121.66 7/1/2011
8604 11th Ave NW 2001 4 3 2,927 $360,000 $122.99 9/19/2011
1418 86th NW CT 2000 3 2 2,024 $246,000 $246,000 9/30/2011
8608 11th NW Ave 2002 4 3 2,548 $338,000 $132.65 11/16/2011

Annual Turnover:  This is the percentage of homes that has sold in Laurel Oak Park over the past year. For example, if Laurel Oak Park had 100 homes and 5 sold in the past year, your annual turnover would be 5%. This statistic measures the pace of real estate activity in Laurel Oak park. A higher turnover indicates a faster pace.

Avg Price per Sq Foot: The average price per square foot is useful for understanding the average value of homes in Laurel Oak Park regardless of size. For example, a 2,000 square foot home that sold for $400,000 and a 2,500 square foot home that sold for $500,000 both have a price per square foot of $200. The difference in their sale price results from the difference in their living area. Multiplying the living area of your home by the average price per square foot for Laurel Oak Park provides a rough estimate of your home's value. If you would like the current market value of your home, its easy, just contact us.

Difference (+/-): This shows how each statistic has changed from one year to the next,illustrating important trends in Laurel Oak Park. For example, if the Avg. Price Per Sq. Foot was $200.00 over the past 12 months, and was only $180.00 the year before, it would show +$20.00 compared to the previous year.

Bedrooms: This is the number of existing bedrooms in a home. The number of possible bedrooms may be greater.

Baths: This is the total number of full and half baths in a home.

Living Area:This is the space in a home that is typically air-conditioned. It generally excludes areas such as the garage, lanai, porch, veranda, etc.

Based on information from the Manatee County property Appraisers office. Information may or may not include all properties sold in Laurel Oak Park during that period. The accuracy of information in this report is dependent upon the aforementioned sources, and is not guaranteed. If your property is currently listed with another broker, this is not a solicitation of that listing.

 

 


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