Oak Ridge Real Estate Market Report September 2019

There is only 1 home available for sale in Oak Ridge in Palm City, FL.   The list price is $369,000 which equals $190.01 per sq. ft. of living area.

There are 3 homes under contract and awaiting settlement at this time.  List prices ranged from $439,000 up to $459,900.  This works out to an average list price of $452,633 or $185.21 per sq. ft. of living area.  These homes averaged 65 days on the market before going under contract.

10 homes have sold in Oak Ridge in the past 12 months.  Sale prices ranged from $325,000 up to $518,000.  The average sold price was $407,470 which equals $178.46 per sq. ft. of living area.  These homes went under contract in an average of 81 days and sold for 98% 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.

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 2019