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Oakbrook, St. Augustine, Market Report July 2011

By
Real Estate Agent with Florida Homes Realty and Mortgage

Oakbrook is a premier gated community located in St. Augustine, Florida, the oldest city in the US. Oakbrook is just ten minutes away from St. Augustine’s beautiful downtown area that has some of the best restaurants in the area plus many shops and attractions. 

 

Oakbrook features ½ acre wood sites conveniently located close to shopping and to nearby beautiful beaches that stretch for miles. There are public and private high schools all within a short driving distance. Elementary schools and middle schools are also in close proximity to Oakbrook.    It is centrally located between Daytona Beach and the city of Jacksonville, and a short drive to Orlando.  Oakbrook is a deed restricted community with homes ranging in size from 1,600 sq. ft. to over 5,000 sq. ft.

 

Amenities include a gated community, clubhouse, pool, tennis courts, ball field, a playground and nature areas.  The attractive and spacious clubhouse is available for all Oakbrook residents to rent for functions, such as birthday parties, graduations and other personal events.  The community functions at the clubhouse include children’s parties, summer barbeques, women’s brunches and committee meetings. 

Oakbrook, St. Augustine, Market Report July 2011

 

Looking at the market for homes for sale in Oakbrook there are 13 active listings, with the median list price of $306,450.  Good News, only one is a short sale. A "short sale" is actually a long process – usually over the course of 2 to 6 (or longer) months – where the seller's bank is convinced to take "short" of the full amount owed to the bank by the seller. We are experienced at helping our clients buy short sales usually using a "timing" method rather than a "wait" method.   

 

There was one home sold in July 2011.  The list price was $255,000 and it closed at $238,000.  It had been on the market for 63 days. It was a banke-owned foreclosure.

 

Currently there are two homes under contract, both are short sales.  The median list price for these homes is $283,822.

 

THREE WAYS TO SEARCH HOMES FOR SALE IN Oakbrook, St. Augustine, FL:

 

1. Click here to Search homes for sale in Oakbrook, St. Augustine, FL

 

2. Search "By Neighborhood" at our http://FindStAugustineHomes.com website, which will take you to a map showing specifically homes actively for sale.

 

3. Have us set up an automatic search of homes for sale in Oakbrook, St. Augustine FL so that you receive an email with new or changed price listings immediately from the Multiple Listing Service (MLS) when the listing goes active or the price change is made.

 

 

Posted by

Marjorie Taylor, Broker Associate

Marjorie Taylor, is a licensed Real Estate Broker Associate with Florida Homes Realty and Mortgage.  Representing the North East Florida area. A community leader, active in the St. Augustine Regional Council, Taylor is past Director and Technology Committee Chairman of the St. Augustine St. Johns County Board of REALTORS.  A Certified Home Stager, she is professionally educated and trained, having earned the designations of CDPE, CRS, CSP, e-PRO, GREEN, GRI, TRC.

Marjorie is passionate about St. Augustine and the needs of her clients. Past recipient of the Entrepreneur of the Year - Women’s Council of REALTORS St. Augustine Regional.

904-591-9121
AgentMTaylor@gmail.com
MyFHRM.com