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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Pines Village, FL

How much do homes in Pines Village, FL cost?

Median Sold Price

$537,500

$357/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,500(+9.7%)

Key Takeaway

Homes in Pines Village have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Pines Village was $537,500 in November 2024, up 9.7% from last year, and the median price per square foot was $357.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $420K-
N/A
3 $490K$532.5K
+8.7%
4 $504K$565K
+12.1%
5+ --
N/A

Summary: Pines Village 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 did not change, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Boulevard Heights
+10.6%
Pines Village
+9.7%
Miramar Isles
+7.5%
Beverly Park
+3.2%

Housing Supply in Pines Village, FL

How many homes are available in Pines Village, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2322-4.3%

Summary: The Pines Village real estate market had 22 homes for sale in November 2024, a 4.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1511
-26.7%
4 58
+60.0%
5+ 22
0.0%

Summary: The Pines Village 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 remained the same, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pines Village, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Pines Village in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Nov 2023Nov 2024CHANGE
14 Days55 Days+287.2%

Summary: Homes in Pines Village had an average of 55 days on market in Nov 2024, up by 287.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pines Village has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Pines Village; 0% of homes were sold within 30 days, 100% 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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