September 2015 Market Report for Oak Ridge in Palm City

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

September 2015 Market Report for Oak Ridge in Palm City

There are currently only 2 homes available for sale in Oak Ridge in Palm City, FL.  The list prices are $379,000 and $424,900 for an average of $401,950 which is $173.68 per sq. ft. of living area.

There is 1 home under contract and awaiting settlement.  It was listed for $315,000 or $142.21 per sq. ft. of living area and was on the market for 5 days prior to going under contact.

14 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $237,500 to $765,000.  The average sold price was $385,828 which equals $152.38 per sq. ft. of living area.  These homes went under contract in an average of 59 days and sold for 97% of list price.

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 water front 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. club house, pool, two lighted tennis courts and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

Oak Ridge in Palm City, FL


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 web site 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.

 

Search for Homes for Sale in Oak Ridge in Palm City, FL

 
 
 
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Ambassador
4,534,974
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Gabe- good market report for Oak Ridge in Palm City.  Anyone interested in a community with water access or that's waterfront would be interested in this community. 

Sep 18, 2015 05:25 AM #1
Rainmaker
1,067,335
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

only 2 homes.. that is one serious seller's market! these should go quick

Sep 18, 2015 06:39 AM #2
Rainer
230,924
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

makes you want to move to oak ridge , good post to those wanting oakridge

Sep 18, 2015 06:47 AM #3
Rainmaker
2,192,392
Elizabeth Weintraub Sacramento Realtor Top 1%
RE/MAX Gold - Sacramento, CA
Put 40 years of experience to work for you

Some of the more expensive listings in Oak Ridge in Palm City seem to be lots without homes on them. At least the 2 I clicked on, LOL.

Sep 18, 2015 07:19 AM #4
Rainmaker
4,433,383
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Gabe, thank you for sharing the market report. Have a good evening.

Sep 18, 2015 07:34 AM #5
Ambassador
1,771,305
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Gabe, excellent reporting on Oak Ridge in Palm City. Have a great Friday.

Sep 18, 2015 07:42 AM #6
Rainmaker
2,441,861
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

Oak Ridge Subdivision is hot! 14 sales in a year, in our market, would be very good!

Sep 18, 2015 08:12 AM #7
Rainmaker
3,253,188
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Gabe

Thank for sharing the the September real estate market report for Oak Ridge, Palm City Florida.

Good luck and success.

Lou Ludwig

Sep 18, 2015 01:05 PM #8
Rainmaker
4,799,256
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thank you for taking the time to write your wonderful comments.  Always appreciated.

Sep 18, 2015 09:36 PM #9
Rainmaker
6,223,333
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks, Gabe, for your Oak Ridge market update.

Sep 20, 2015 11:16 PM #10
Rainmaker
4,799,256
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

Jun 03, 2016 04:33 AM #11
Rainmaker
4,799,256
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.

Jun 03, 2016 04:33 AM #12
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Rainmaker
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Gabe Sanders

Stuart Florida Real Estate
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