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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Pine Run Estates was a Buyer's Market.

Key Takeaway

Pine Run Estates is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pine Run Estates, FL

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

Median Sold Price

$175,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,000(-6.4%)

Key Takeaway

Homes in Pine Run Estates have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Pine Run Estates was $175,000 in November 2024, down 6.4% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $185K$158.9K
-14.1%
3 $195K$297.9K
+52.8%
4 -$316.4K
N/A
5+ --
N/A

Summary: Pine Run Estates 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 decreased by 14.1%, 3 bedroom homes increased by 52.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Pine Run Estates
-6.4%
Circle Square Woods
-7.7%

Housing Supply in Pine Run Estates, FL

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3741+10.8%

Summary: The Pine Run Estates real estate market had 41 homes for sale in November 2024, a 10.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2630
+15.4%
3 89
+12.5%
4 32
-33.3%
5+ 00
0.0%

Summary: The Pine Run Estates 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 increased by 15.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
660.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Pine Run Estates in November 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
32 Days44 Days+38.2%

Summary: Homes in Pine Run Estates had an average of 44 days on market in Nov 2024, up by 38.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pine Run Estates are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Pine Run Estates; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

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