Is Pines Village, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pines Village is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pines Village was a Buyer's Market.

Key Takeaway

Pines Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pines Village, FL

How much do homes in Pines Village, FL cost?

Median Sold Price

$535,000

$353/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$42,000(+8.5%)

Key Takeaway

Homes in Pines Village have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Pines Village was $535,000 in October 2024, up 8.5% from last year, and the median price per square foot was $353.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $430K$410K
-4.7%
3 $490K$527.5K
+7.7%
4 $515K$565K
+9.7%
5+ --
N/A

Summary: Pines Village 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 4.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Boulevard Heights
+11.2%
Pines Village
+8.5%
Beverly Park
+4.7%

Housing Supply in Pines Village, FL

How many homes are available in Pines Village, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1922+15.8%

Summary: The Pines Village real estate market had 22 homes for sale in October 2024, a 15.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1415
+7.1%
4 45
+25.0%
5+ 12
+100.0%

Summary: The Pines Village 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 remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pines Village, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Pines Village in October 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Pines Village, FL

How long does it take to sell a home in Pines Village, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days18 Days+527.8%

Summary: Homes in Pines Village had an average of 18 days on market in Oct 2024, up by 527.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pines Village are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Pines Village; 83% of homes were sold within 30 days, 17% 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

Newest Listings in Pines Village, FL

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