Is Pine Grove - Belle Terre, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Pine Grove - Belle Terre has remained a Seller's Market.
Key Takeaway
Pine Grove - Belle Terre is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Grove - Belle Terre, FL
How much do homes in Pine Grove - Belle Terre, FL cost?
Median Sold Price
$327,981
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pine Grove - Belle Terre have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Pine Grove - Belle Terre was $327,981 in April 2024, down 2.5% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $257.5K | $251K | -2.5% |
| 3 Bedrooms | $330K | $325K | -1.5% |
| 4 Bedrooms | $340K | $328.7K | -3.3% |
| 5+ Bedrooms | $488.5K | $364.4K | -25.4% |
Summary: Pine Grove - Belle Terre housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 25.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown Palm Coast | $237.5K | $310K | +30.5% |
| Pine Grove - Belle Terre | $336.2K | $327.9K | -2.5% |
Housing Supply in Pine Grove - Belle Terre, FL
How many homes are available in Pine Grove - Belle Terre, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 222 | 198 | -10.8% |
Summary: The Pine Grove - Belle Terre real estate market had 198 homes for sale in April 2024, a 10.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 129 | 114 | -11.6% |
| 4 Bedrooms | 77 | 68 | -11.7% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Pine Grove - Belle Terre housing inventory by bedroom type for April 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 11.6%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 46 | 37 | -19.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Grove - Belle Terre, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Pine Grove - Belle Terre in April 2024, down by 19.6% month-over-month. Of the 37 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% were sold over asking.
Days on Market for Pine Grove - Belle Terre, FL
How long does it take to sell a home in Pine Grove - Belle Terre, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 99 Days | +107.3% |
Summary: Homes in Pine Grove - Belle Terre had an average of 99 days on market in Apr 2024, up by 107.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pine Grove - Belle Terre has remained consistent over time.
Summary: During April 2024, 37 homes were sold in Pine Grove - Belle Terre; 30% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
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