November 20, 2016
Let's check in with Cypress Landing, a charming neighborhood in Lake City that features newer construction homes with great features on moderately sized lots. The community is conveniently located just minutes away from great dining, entertainment and shopping, including Lake City Commons and Lake City Mall, as well as Highway 90. There are also plenty of recreational options close by at Montgomery Lake or a little further out at Alligator Lake Park.
Even though there are only two homes on the market here, Cypress Landing has six months of inventory, representing a very balanced market, neither favoring the buyers nor the sellers
There has been a significant drop in the average price per square foot of homes here over the last six months. Another very notable change has been in the increase in the average seller discount over the past six months, which has gone from .92% to 10.33%, which bodes well for someone ready to purchase a home here.The average sales price has remained fairly steady over the last year, not straying far from approximately $139,000.
Our featured listing here showcases a move-in ready home with three bedrooms, two bathrooms, a two car garage, a spacious kitchen and great room, and a fabulous lanai. It is priced to sell at $139,000.
For more information on this great property or others like it, be sure to check out savvylakecity.com.
