Is Pine Run Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Run Estates is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Pine Run Estates has remained a Buyer's Market.

Key Takeaway

Pine Run Estates is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pine Run Estates, FL

How much do homes in Pine Run Estates, FL cost?

Median Sold Price

$176,800

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,200(-4.4%)

Key Takeaway

Homes in Pine Run Estates have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Pine Run Estates was $176,800 in October 2024, down 4.4% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $180K$167K
-7.2%
3 $205.5K$297.9K
+45.0%
4 $368.9K$316.4K
-14.2%
5+ --
N/A

Summary: Pine Run Estates 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 7.2%, 3 bedroom homes increased by 45%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Pine Run Estates
-4.4%
Circle Square Woods
-5.1%

Housing Supply in Pine Run Estates, FL

How many homes are available in Pine Run Estates, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3841+7.9%

Summary: The Pine Run Estates real estate market had 41 homes for sale in October 2024, a 7.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2730
+11.1%
3 88
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Pine Run Estates 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 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pine Run Estates, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Pine Run Estates in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Pine Run Estates, FL

How long does it take to sell a home in Pine Run Estates, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days132 Days+1375.6%

Summary: Homes in Pine Run Estates had an average of 132 days on market in Oct 2024, up by 1375.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pine Run Estates has remained consistent over time.

Summary: During October 2024, 5 homes were sold in Pine Run Estates; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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 16 Days Ago

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