Oak Creek Club, Upper Marlboro MD Market Report 2011

Oak Creek Club, Upper Marlboro MD SOLD Homes 2011

Houses SOLD: 19

Average LIST price: $484,114

Average SELLING price: $483,992

Average DAYS ON MARKET: 107

LOWEST SALE price: $303,000 - 4 bedroom, 3.5 bath townhome built in 2008 - short sale

HIGHEST SALE price: $689,000 - 7 bedroom, 7.5 bath single-family built in 2007 - short sale

Oak Creek Club, Upper Marlboro, MD ACTIVE listings (as of 1/11/12)

ACTIVE Houses: 12

Average LIST Price: $516,350

LOWEST LIST Price: $282,000 - 2 bedroom, 3.5 bath townhome built in 2007 - short sale

HIGHEST LIST Price: $795,000 - 4 bedroom, 3.5 bath single-family home built in 2010 - new construction

Current Average Days on Market: 150

Oak Creek Club, Upper Marlboro, MD Under Contract listings (as of 1/11/12)

UNDER CONTRACT Houses: 7

Average LIST Price: $385,842

LOWEST LIST Price: $275,000 - 4 bedroom, 3.5 bath townhome built in 2007 - short sale

HIGHEST LIST Price: $649,995 - 6 bedroom, 5.5 bath luxury single-family home built in 2006 - short sale

Current Average Days on Market: 168

Oak Creek Club has seen a small reduction in the sale prices in 2011. The number of re-sale units sold in 2011 is very similar to the total number sold in 2010. However, there was a significant reduction in the number of new construction homes sold.

Oak Creek Club is located in Upper Marlboro, MD (Prince George's County) just outside the Nation's Capital. It is Prince George's County premiere gated, country club community. Amenities include 24 hour guard gated entrance, concierge, and a swim & tennis.

Oak Creek Club is accessible to DC and Baltimore. It is only minutes away from I-495 and Rt-50 as well as the Largo Town Center and Morgan Blvd metro stops. Bowie Town Center, Largo Town Center, restaurants, and Fedex Field (Home of the Washington Redskins) are located within a 10 minute drive from the gates.

If you would like to buy or sell a home in Oak Creek Club, Upper Marlboro MD or if you would like more information about this community please contact Stacey Baugh of EOP Real Estate, Inc.