Forest Ridge has firmed from a buyer’s market in August to balanced, with about 6.0 months of inventory — just 2 homes for sale. On a per-square-foot basis, resale value is back at its high — up about 26% since 2021. The long-run reward for pricing right is clear: homes priced correctly from day one sold in a median of 30 days at 95.9% of asking, while the overpriced-then-cut homes sat 120 days and gave up a median of $21,950 from their first price. Price to the resale data, not to a hopeful number.
Forest Ridge is a maintenance-free, deed-restricted community of 1990s and 2000s villas and small homes with a pool and clubhouse — adjacent to, but separate from, the Villages of Citrus Hills, governed by its own association that covers exterior upkeep. The typical resale home sold near $221,250.00 ($180 a foot) over the past year — on just 4 resales. 2 homes are for sale, none are under contract, and neither has reduced price.
Long term the community has held up — resale value per square foot is back at its high, up about 26% since 2021. But the discipline that sells a home here is pricing to the resale record, and that record is lopsided:
All 31 resale closed sales, 2021–2026 (new construction excluded). "Priced right" = sold with no price reduction; "overpriced" = reduced at least once before selling. Of the 4 resale closings of the past 12 months, 3 were priced right (median 34 days, 95.8% of asking) and 1 was cut — too small a sample to stand on its own, so the long-run record carries the lesson.
Median resale value per square foot by calendar year (2026 is year-to-date through September — just 3 resales, a thin sample). We chart per-foot value, not median price: a home’s median price swings on which sizes happen to sell, while price-per-foot shows the real change in value.
| Year | Sold | Median Price | $/SqFt | DOM | Ask |
|---|---|---|---|---|---|
| 2021 | 9 | 175,000.00 | $132.89 | 7 | 33% |
| 2022 | 7 | 219,900.00 | $166.34 | 11 | 43% |
| 2023 | 3 | 230,000.00 | $180.00 | 13 | 33% |
| 2024 | 5 | 210,000.00 | $168.00 | 99 | 0% |
| 2025 | 4 | 205,000.00 | $163.75 | 36 | 0% |
| 2026 YTD | 3 | 217,500.00 | $180.00 | 50 | 0% |
Resale homes only; full calendar years with 2026 as year-to-date through September. Every year here is a thin sample — read the trend, not any single year. The $/SqFt column isolates real value change from which sizes happened to sell.
The Peak Test: on resale value per square foot, Forest Ridge is at its high, up about 26% since 2021. Even so, anchoring above the comps is the most expensive mistake a seller can make in a market this small.
Not every listing sells. In the current cycle, 2 of the 5 resale listings that reached an outcome ended without a sale. In a market this size, overpricing doesn’t just slow a sale — it can kill it, and a long market history invites a harder negotiation.
Long-run perspective: resale value per square foot is up about 26% since 2021. Priced to today’s market — not the peak — your home has real equity and the data on its side.