Values in the Oaks have declined substantially since their highs of a few years ago. The current pricing is now in the low $400,000s to mid-$500,000s range.
Greenbelt in The Oaks
The record for the smallest model, the “A” plan with 2 bedrooms + den and 1560 square feet, sold for $684,900 in July of 2006. For the “B” plan, with 3 bedrooms and 1700 square feet, the record price was $698,000 in February 2006. The “C” plan, with 4 bedrooms & 1880 square feet, sold for $690,000 in March 2005. The rare 2-story “D” plan, with over 2100 square feet, completely missed the big run-up of prices, (none came on the market in 2004, 2005, or 2006) and the highest price ever paid was $532,000 in October of 2007.
All homes in the Oaks have ground floor bedrooms, and gated entries, so they have always appealed to those who want privacy and the convenience of not having to climb stairs regularly. Although the Oaks is not age-restricted, it has always been very “senior-attractive” and the turnover of homes has always been less than other neighborhoods in the area.
The Oaks YTD Sales Report 8-02-2009
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