Oak Ridge Real Estate Market Report September 2018

There are currently 4 homes available for sale in Oak Ridge in Palm City, FL.  The list prices range from $389,000 up to $849,900.  The average list price is $522,175 which equals $233.38 per sq. ft. of living area.

There is one home under contract and awaiting settlement at this time.  The list price was $415,000 or $162.55 per sq. ft. of living area.  This home was on the market for 42 days prior t going under contract.

8 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $320,000 up to $700,000.  The average sold price was $431,375 which equals $186.05 per sq. ft. of living area.  These homes went under contract in an average of 84 days and sold for 96% of list price.

About Oak Ridge in Palm City FL:

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95 and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds. The Oak Ridge Home Owners Association website is http://www.oak-ridge.org. You can view the association rules and regulations and bylaws here as well as links to other Martin County Government sites.

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close by amenities include lots of great shopping, easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

Oak Ridge Real Estate Market Report September 2018