$5,296 Closing Credit*
$445,990
2,604 SqFt
4 Beds
•3 Full Baths
Richard Fadil, Listing Office: HOLIDAY BUILDERS GULF COAST
Is Pine Lakes, 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 Lakes was a Seller's Market.
Key Takeaway
Pine Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pine Lakes, FL
How much do homes in Pine Lakes, FL cost?
Median Sold Price
$350,539
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,539(+1.6%)
Key Takeaway
Homes in Pine Lakes have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Pine Lakes was $350,539 in November 2024, up 1.6% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108K | - | N/A |
| 2 Bedrooms | $260K | $277.5K | +6.7% |
| 3 Bedrooms | $338K | $339K | 0.3% |
| 4 Bedrooms | $413.2K | $409.9K | -0.8% |
| 5+ Bedrooms | $550K | $408K | -25.8% |
Summary: Pine Lakes 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 6.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes decreased by 25.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Pine Lakes | $345K | $350.5K | +1.6% |
| Lehigh Woods | $330K | $324.7K | -1.6% |
| Pine Grove - Belle Terre | $331.9K | $325K | -2.1% |
| Downtown Palm Coast | $303.9K | $278K | -8.5% |
Housing Supply in Pine Lakes, FL
How many homes are available in Pine Lakes, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 146 | 151 | +3.4% |
Summary: The Pine Lakes real estate market had 151 homes for sale in November 2024, a 3.4% increase 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 | 8 | 7 | -12.5% |
| 3 Bedrooms | 81 | 89 | +9.9% |
| 4 Bedrooms | 45 | 44 | -2.2% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Pine Lakes 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 decreased by 12.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 19 | -9.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Lakes, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Pine Lakes in November 2024, down by 9.5% month-over-month. Of the 19 sold homes, 79% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Pine Lakes, FL
How long does it take to sell a home in Pine Lakes, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 81 Days | +29.7% |
Summary: Homes in Pine Lakes had an average of 81 days on market in Nov 2024, up by 29.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pine Lakes are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in Pine Lakes; 42% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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