$3,479 Closing Credit*
$293,000
1,737 SqFt
3 Beds
•2 Full Baths
JOHN R. LUCAS, Listing Office: ONE SOTHEBYS INTERNATIONAL
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 October 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
$324,475
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,425(-1.6%)
Key Takeaway
Homes in Pine Grove - Belle Terre have sold for 1.6% less than they did a year ago.
Summary: The median home sold price in Pine Grove - Belle Terre was $324,475 in October 2024, down 1.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | - | N/A |
| 2 Bedrooms | $285K | $252K | -11.6% |
| 3 Bedrooms | $324.3K | $322.4K | -0.6% |
| 4 Bedrooms | $338.4K | $324.3K | -4.2% |
| 5+ Bedrooms | $377.4K | $420K | +11.3% |
Summary: Pine Grove - Belle Terre 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 11.6%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Pine Grove - Belle Terre | $329.9K | $324.4K | -1.6% |
| Downtown Palm Coast | $299.5K | $283.8K | -5.2% |
Housing Supply in Pine Grove - Belle Terre, FL
How many homes are available in Pine Grove - Belle Terre, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 188 | 195 | +3.7% |
Summary: The Pine Grove - Belle Terre real estate market had 195 homes for sale in October 2024, a 3.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 113 | 111 | -1.8% |
| 4 Bedrooms | 64 | 70 | +9.4% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Pine Grove - Belle Terre 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 100%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 17 | -29.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were 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. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Pine Grove - Belle Terre in October 2024, down by 29.2% month-over-month. Of the 17 sold homes, 59% were sold under asking, 29% were sold at asking, and 12% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 74 Days | +1.0% |
Summary: Homes in Pine Grove - Belle Terre had an average of 74 days on market in Oct 2024, up by 1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Grove - Belle Terre are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 17 homes were sold in Pine Grove - Belle Terre; 41% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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