Is Pinewood Country Estates, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinewood Country Estates is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Pinewood Country Estates was a Buyer's Market.

Key Takeaway

Pinewood Country Estates 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 Pinewood Country Estates, FL

How much do homes in Pinewood Country Estates, FL cost?

Median Sold Price

$485,500

$218/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$115,500(+31.2%)

Key Takeaway

Homes in Pinewood Country Estates have sold for 31.2% more than they did a month ago.

Summary: The median home sold price in Pinewood Country Estates was $485,500 in May 2024, up 31.2% from last month, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $370K-
N/A
5+ -$485.5K
N/A

Summary: Pinewood Country Estates housing prices by bedroom type for May 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 Pinewood Country Estates, FL

How many homes are available in Pinewood Country Estates, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
87-12.5%

Summary: The Pinewood Country Estates real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 22
0.0%
5+ 44
0.0%

Summary: The Pinewood Country Estates housing inventory by bedroom type for May 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinewood Country Estates, 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 Pinewood Country Estates in May 2024, the same as the previous 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 Pinewood Country Estates, FL

How long does it take to sell a home in Pinewood Country Estates, FL?

Average Sale Time

Apr 2024May 2024CHANGE
18 Days11 Days-38.9%

Summary: Homes in Pinewood Country Estates had an average of 11 days on market in May 2024, down by 38.9% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pinewood Country Estates are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Pinewood Country Estates; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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