$6,401 Closing Credit*
$539,000
1,491 SqFt
3 Beds
•3 Full Baths
Sandra Rathe, Listing Office: Keller Williams Legacy
Is Pine Island Ridge Country Club, 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 Island Ridge Country Club was a Neutral Market.
Key Takeaway
Pine Island Ridge Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pine Island Ridge Country Club, FL
How much do homes in Pine Island Ridge Country Club, FL cost?
Median Sold Price
$265,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-3.6%)
Key Takeaway
Homes in Pine Island Ridge Country Club have sold for 3.6% less than they did a year ago.
Summary: The median home sold price in Pine Island Ridge Country Club was $265,000 in October 2024, down 3.6% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178.4K | $184.9K | +3.6% |
| 2 Bedrooms | $270K | $265K | -1.9% |
| 3 Bedrooms | $295.5K | $297.5K | +0.7% |
| 4 Bedrooms | $770K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pine Island Ridge Country Club housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pine Island Ridge Country Club | $275K | $265K | -3.6% |
| Forest Ridge | $805K | $740K | -8.1% |
Housing Supply in Pine Island Ridge Country Club, FL
How many homes are available in Pine Island Ridge Country Club, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 55 | +7.8% |
Summary: The Pine Island Ridge Country Club real estate market had 55 homes for sale in October 2024, a 7.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 39 | 44 | +12.8% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pine Island Ridge Country Club housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 12.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Island Ridge Country Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Pine Island Ridge Country Club in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Pine Island Ridge Country Club, FL
How long does it take to sell a home in Pine Island Ridge Country Club, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 48 Days | 67 Days | +39.5% |
Summary: Homes in Pine Island Ridge Country Club had an average of 67 days on market in Oct 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Island Ridge Country Club are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Pine Island Ridge Country Club; 43% 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.
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