Is Pinestone on Palmer Ranch, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Pinestone on Palmer Ranch was a Seller's Market.
Key Takeaway
Pinestone on Palmer Ranch 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 Pinestone on Palmer Ranch, FL
How much do homes in Pinestone on Palmer Ranch, FL cost?
Median Sold Price
$369,900
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Pinestone on Palmer Ranch have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Pinestone on Palmer Ranch was $369,900 in April 2024, up 12.9% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $323.5K | $327.4K | +1.2% |
| 3 Bedrooms | $365K | $385K | +5.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pinestone on Palmer Ranch 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 increased by 1.2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Pinestone on Palmer Ranch | $327.5K | $369.9K | +12.9% |
| Palmer Ranch | $520K | $511.7K | -1.6% |
| Deer Creek on Palmer Ranch | $830K | $750K | -9.6% |
Housing Supply in Pinestone on Palmer Ranch, FL
How many homes are available in Pinestone on Palmer Ranch, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Pinestone on Palmer Ranch real estate market had 7 homes for sale in April 2024, a 75.0% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 1 | 3 | +200.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pinestone on Palmer Ranch 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 increased by 33.3%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pinestone on Palmer Ranch, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Pinestone on Palmer Ranch in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Pinestone on Palmer Ranch, FL
How long does it take to sell a home in Pinestone on Palmer Ranch, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 1 Day | 60 Days | +5900.0% |
Summary: Homes in Pinestone on Palmer Ranch had an average of 60 days on market in Apr 2024, up by 5900% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pinestone on Palmer Ranch has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Pinestone on Palmer Ranch; 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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