Marion Oaks Lot Sales Past 30 Days (Dec - Jan)

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Above are the results from the Ocala/Marion County MLS for vacant lot sales in Marion Oaks during the period of December 15, 2006 through January 15, 2007. As you can see, there weren't very many, considering that there are over 1500 vacant lots for sale in Marion Oaks at this moment.

However, there are some, which tells us that someone is still buying lots. I believe we won't see much of the lot investors or flippers anymore, which is a shame for them, as land in Marion Oaks is still a fantastic investment. Especially right now with the prices so attractive.

But, back to the data at hand:
Unit 10 and unit 7 continue to be the most popular units for lot purchases. These two units are side by side, on the opposite side of Hwy 484 as the bulk of Marion Oaks is. There are several reasons for this. First, it's primarily new construction in those units. There really isn't any worry when purchasing a lot, that it might be next to much older homes. Next, both of these units back up to the Cross Florida Greenway. While there are many areas all through Marion Oaks that have been designated as greenbelt, greenspace or greenway, the Cross Florida Greenway is the "true" greenway in Florida.

The other thing that is interesting to note, is that the average time on the market is over 100 days. It is taking sellers a while to realize that there are really no more quick sales in vacant lots here. The one particular lot that has zero listed for days on market is strange, and I believe it is quite possibly a mistake. It could also be an instance where an agent had a seller who would not put it in MLS, but had made it known it was available.

Hopefully this information will be of use to you if you are thinking about selling your lot in Marion Oaks. Please keep this in mind when speaking with me, or any agent about selling your lot: Over 1500 available, only 10 sold in thirty days.

Or if you have been considering investing in lots in Ocala, this information should be very important in helping you know approximately what you could end up spending. Don't wait too long, though. We don't expect prices to get any lower.