Five Oaks is a desirable Southwest Durham, North Carolina townhome community. Very convenient to Chapel Hill, I-40 and nearby Southpoint Mall, Five Oaks offers in-town convenience and yet in a quiet and peaceful setting! Great schools including the new creekside elementary.
Five Oaks townhomes are generally 2-3 bedroom and 2.5-3 bath townhomes with large, open and bright floorplans. Many of these homes have been updated over the years and include stainless appliances, lots of windows, large master bedroom suites and natural views. Included in the HOA dues is full access to Five Oaks' excellent recreation facility which contains a fantastic pool & swim team, weight gym and dog park!
These townhomes vary in style from contemporary to transitional, and were built in the late 1970's through early 1980's. With pricing generally ranging around $93/square foot, these homes are below the $99 average price/square foot for Durham condos and townhomes. Even more impressive is that these are large townhomes.
Five Oaks Statistics from the Triangle Multiple List Service
In 2006, 30 Townhomes were sold in Five Oaks. Of these, the average house was a 1539 square foot, 2 bedroom 2 bath home selling for $138,224. Average time on market was 67 days, well below the Durham market average of 87 days.
Durham County Statistics
In 2006, 739 condos and townhouses were sold in Durham County. Of these, the average house was a 1434 square foot, 2 bedroom 1 bath home selling for $143,258. Average time on market was 87 days.