Is Isle of Pines, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Isle of Pines was a Seller's Market.
Key Takeaway
Isle of Pines is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Isle of Pines, FL
How much do homes in Isle of Pines, FL cost?
Median Sold Price
$175,000
$218/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Isle of Pines have sold for 59.9% less than they did a month ago.
Summary: The median home sold price in Isle of Pines was $175,000 in March 2024, down 59.9% from last month, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $372.5K | - | N/A |
| 2 Bedrooms | - | $175K | N/A |
| 3 Bedrooms | $499.9K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Isle of Pines housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Isle of Pines, FL
How many homes are available in Isle of Pines, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Isle of Pines real estate market had 9 homes for sale in March 2024, a 28.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Isle of Pines housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Isle of Pines, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Isle of Pines in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Isle of Pines, FL
How long does it take to sell a home in Isle of Pines, FL?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 24 Days | -75.9% |
Summary: Homes in Isle of Pines had an average of 24 days on market in Mar 2024, down by 75.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Isle of Pines are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Isle of Pines; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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