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Oakbrooke Estates May 2016 Market Report

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Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Oakbrooke Estates May 2016 Market Report

As of may 2016, there are 3 homes for sale in the Oakbrooke Estates community of Palm City in Martin County Florida. The list prices for these homes range from $479,900 to $529,900 for an average list price of $492,400 which also equals $140.56 per sq. ft. of living area.

There are 4 homes under contract which haven't sold to date. List prices for these 4 homes range from $439,000 up to $489,000 for an average of $466,675 or $144.43 per sq. ft. of living area. These homes only averaged 14 days on the market prior to going under contract.

In the past 12 months, 6 Oakbrooke Estates homes have sold. Sales prices were from $400,000 up to $490,000 and averaged $431,000 which equals $137.80 per sq. ft. of living area. These 6 homes sold for 97% of the last list price and went under contract in an average of 52 days after being listed.

About Oakbrooke Estates:

Oakbrooke Estates real estate in Palm City FL

Also known as Oakbrooke Estates Gardens. Located on the north side of Martin Hwy (State Road 714) and just down the street from the Publix supermarket and close to other shopping areas as well as schools and Florida’s Turnpike. This community was built between 2003 and 2005 and consists of 70 single family homes of various sizes ranging from 4 bedroom, 3 bathroom homes of 2,263 sq. ft. of living area up to 5 bedroom, 4 bathroom homes of 3,690 sq. ft. and all these homes come with with 3 car garages.

Oakbrooke Estates real estate in Palm City FL

Many of the homes in Oakbrooke Estates have their own private pool as well as some homes with serene lake views on cul-de-sacs. There is a community pool and clubhouse as well in this subdivision and a gated entrance for privacy and security. The low HOA fees of $180 cover the common areas, security gate, trash pickup and basic cable TV.

Oakbrooke Estates real estate in Palm City FL

Children who live in Oakbrooke Estates currently attend the Palm City Elementary, Hidden Oaks Middle and Martin County High Schools.

Oakbrooke Estates real estate in Palm City FL

A wonderful family friendly community of newer palm City Homes.

Check here to see if any Oakbrooke estates homes are available for sale

 

Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Gabe: It is clear real estate consumers like Oakbrooke Estates in Palm City. Properties in this community do not stay on the market very long.

Jun 17, 2016 08:35 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Home buyers and sellers in the area will appreciate this information".

Jun 17, 2016 08:40 PM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Oakbrooks Estates of Palm City seems like a winner!

Jun 17, 2016 08:48 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

Just 3 homes for sale and short times on the market...looks like thinventory in Oakbrook Estates of Palm City !

Jun 17, 2016 09:01 PM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will certainly appreciate your local community reports.

Jun 17, 2016 09:15 PM
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

You're certainly an asset to your community Gabe Sanders thanks so much for this update

Jun 17, 2016 09:37 PM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Gabe. Sounds like a community that should be given serious consideration for buyers heading to Palm City! Enjoy your day!

Jun 17, 2016 10:43 PM
Elizabeth Weintraub Sacramento Broker
Elizabeth Anne Weintraub, Broker - Sacramento, CA
Put 40 years of experience to work for you

You certainly have an eye for beautiful photography, Gabe. But hey, that's why you're a top real estate agent who sells in Palm City. Not to mention, the HOA dues for Oakwood Estates is certainly affordable. I can see why these homes fly out the door.

Jun 18, 2016 01:10 AM
Yolanda Cordova-Gilbert
Richmond, TX

Gabe,

 ANother good market report for Oakbrooke Estates, those per square foot prices are pretty good! I hope you have a wonderful Father's Day!

Jun 18, 2016 07:04 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Gabe -- a very thorough overview of the Oakbrooke Estates real estate market - very good photos and a straight forward discussion of the current market(I'm amazed at the relatively low dollars per square foot).

Jun 18, 2016 07:14 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gale

Oakbrooke Estates in Palm City. Martin County Florida is an outstanding community.

Good luck and success.

Lou Ludwig

Jun 18, 2016 10:53 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, an excellent report on Oakbrooke Estates. So much useful information for your clients. 

Jun 18, 2016 12:42 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

For more Market Reports visit my web site at: http://www.gabesanders.com/market-stats

Sep 06, 2016 10:36 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for reading, here’s a link for more information about Palm City, FL real estate.

Sep 06, 2016 10:36 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks. Your comments are always appreciated!

Sep 06, 2016 10:36 PM