Is Heritage Pines, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Heritage Pines is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Heritage Pines was a Seller's Market.

Key Takeaway

Heritage Pines is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Heritage Pines, FL

How much do homes in Heritage Pines, FL cost?

Median Sold Price

$330,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,450(-2.2%)

Key Takeaway

Homes in Heritage Pines have sold for 2.2% less than they did a year ago.

Summary: The median home sold price in Heritage Pines was $330,000 in October 2024, down 2.2% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $283.5K$269K
-5.1%
3 $370K$345K
-6.8%
4 $407K$470K
+15.5%
5+ -$496K
N/A

Summary: Heritage Pines housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Arlington / Briarwoods
+1.6%
Heritage Pines
-2.2%

Housing Supply in Heritage Pines, FL

How many homes are available in Heritage Pines, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4048+20.0%

Summary: The Heritage Pines real estate market had 48 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 2328
+21.7%
4 67
+16.7%
5+ 00
0.0%

Summary: The Heritage Pines housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Heritage Pines, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Heritage Pines in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Heritage Pines, FL

How long does it take to sell a home in Heritage Pines, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days57 Days+1337.5%

Summary: Homes in Heritage Pines had an average of 57 days on market in Oct 2024, up by 1337.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Heritage Pines has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Heritage Pines; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Heritage Pines, FL

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