$73,500
0.27 Acres
Land
Annie Nay, Listing Office: WATSON REALTY CORP
Is Pine Grove - Belle Terre, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pine Grove - Belle Terre was a Seller's Market.
Key Takeaway
Pine Grove - Belle Terre is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pine Grove - Belle Terre, FL
How much do homes in Pine Grove - Belle Terre, FL cost?
Median Sold Price
$325,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$6,981(-2.1%)
Key Takeaway
Homes in Pine Grove - Belle Terre have sold for 2.1% less than they did a year ago.
Summary: The median home sold price in Pine Grove - Belle Terre was $325,000 in November 2024, down 2.1% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | - | N/A |
| 2 Bedrooms | $260K | $285.2K | +9.7% |
| 3 Bedrooms | $329.9K | $323.4K | -2.0% |
| 4 Bedrooms | $339.9K | $324.3K | -4.6% |
| 5+ Bedrooms | $377.4K | $433.7K | +14.9% |
Summary: Pine Grove - Belle Terre housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Pine Grove - Belle Terre | $331.9K | $325K | -2.1% |
| Downtown Palm Coast | $303.9K | $278K | -8.5% |
Housing Supply in Pine Grove - Belle Terre, FL
How many homes are available in Pine Grove - Belle Terre, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 227 | 223 | -1.8% |
Summary: The Pine Grove - Belle Terre real estate market had 223 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 128 | 125 | -2.3% |
| 4 Bedrooms | 84 | 84 | 0.0% |
| 5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Pine Grove - Belle Terre housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 12 | -45.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Grove - Belle Terre, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Pine Grove - Belle Terre in November 2024, down by 45.5% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.
Days on Market for Pine Grove - Belle Terre, FL
How long does it take to sell a home in Pine Grove - Belle Terre, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 48 Days | -25.0% |
Summary: Homes in Pine Grove - Belle Terre had an average of 48 days on market in Nov 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pine Grove - Belle Terre has remained consistent over time.
Summary: During November 2024, 12 homes were sold in Pine Grove - Belle Terre; 25% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.