Current analysis on Oakhurst real estate market

If you’re considering buying a home in Oakhurst, understanding the market dynamics is crucial. Let’s break down some key insights on properties currently available, focusing on two critical aspects: days on market (DOM) and the balance between amenities and price.

Days on Market: A Key Metric for Buyers

The DOM metric indicates how long a property has been listed. Here’s a snapshot of properties and what their DOM can tell you:

• Under 30 Days: These homes, like 39627 Brandywine Ln (8 days) and 51354 Dorstan Dr (12 days), are new to the market and typically attract significant interest. If you’re interested, act quickly.

• Moderate Range (30–90 Days): Properties like 40882 Jean Rd E (49 days) and 40170 Hillsborough Loop (87 days) are balanced between fresh interest and potential for negotiation. They’re likely fairly priced and may reflect average demand.

• High DOM (>90 Days): Homes such as 49538 Pierce Dr (151 days) and 43263 E Sugar Pine Dr (238 days cumulative) indicate potential opportunities for negotiation. These properties may face challenges like pricing, condition, or limited buyer interest.

Amenities vs. Price: Finding the Best Value

Analyzing price relative to size, lot dimensions, and amenities can help you identify value. Here’s how select properties compare:

Condos (Lower Price Range)

1. 49400 River Park Rd #17:

   • Price: $232,000

   • Size: 1,000 sq. ft.

   • Price per Sq. Ft.: $232.00

   • Features: Low-maintenance living with HOA covering pool, trash, and grounds upkeep.

     

     
     

2. 49400 River Park Rd #60:

   • Price: $240,000

   • Size: 952 sq. ft.

   • Price per Sq. Ft.: $252.10

   • Features: Smaller unit with similar HOA benefits. Slightly higher cost per square foot suggests better condition or updates.

Mid-Range Homes ($300K–$500K)

1. 49538 Pierce Dr:

   • Price: $389,000

   • Size: 1,742 sq. ft.

   • Lot: 0.30 acres

   • Price per Sq. Ft.: $223.31

   • Features: Attached 2-car garage, spacious interior. High DOM suggests potential for price negotiation.

1. 51840 Dale Ln:

   • Price: $489,000

   • Size: 2,018 sq. ft.

   • Lot: 3.31 acres

   • Price per Sq. Ft.: $242.32

   • Features: Large lot and rural privacy. Neighboring parcel available for purchase offers future expansion possibilities.

High-End and Luxury Properties ($500K+)

1. 39627 Brandywine Ln:

   • Price: $499,000

   • Size: 1,981 sq. ft.

   • Lot: 2.21 acres

   • Price per Sq. Ft.: $251.89

   • Features: Recently re-roofed, offering peace of mind for buyers looking for a move-in-ready property.

1. 49868 River Falls Way:

   • Price: $1,850,000

   • Size: 3,983 sq. ft.

   • Lot: 26.4 acres

   • Price per Sq. Ft.: $464.47

   • Features: Estate-quality home with a pool and expansive acreage, ideal for luxury buyers seeking space and privacy.

Key Takeaways for Buyers

• Entry-Level Buyers: Condos at 49400 River Park Rd offer affordable options with manageable maintenance costs, though space and lot size are limited.

• Families and Rural Seekers: Mid-range homes like 51840 Dale Ln provide larger lots and ample living space. These are great for buyers wanting privacy and room to grow.

• Luxury Buyers: Properties like 49868 River Falls Way represent premium options with unmatched amenities and land.

Conclusion

Understanding DOM and analyzing amenities against price can help you make an informed decision. Whether you’re a first-time buyer or looking for your dream estate, the Oakhurst market offers diverse opportunities. Ready to explore further? Let’s find your perfect property!