Is Sea Pines, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sea Pines is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sea Pines has remained a Seller's Market.

Key Takeaway

Sea Pines is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sea Pines, FL

How much do homes in Sea Pines, FL cost?

Median Sold Price

$510,000

$282/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$5,000(+1.0%)

Key Takeaway

Homes in Sea Pines have sold for 1% more than they did a month ago.

Summary: The median home sold price in Sea Pines was $510,000 in April 2024, up 1% from last month, and the median price per square foot was $282.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $505K$510K
+1.0%
4 --
N/A
5+ --
N/A

Summary: Sea Pines housing prices by bedroom type for April 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 increased by 1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Sea Pines
+1.0%
Lantana Heights
-0.1%

Housing Supply in Sea Pines, FL

How many homes are available in Sea Pines, FL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
21-50.0%

Summary: The Sea Pines real estate market had 1 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Sea Pines 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sea Pines, 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 Sea Pines in April 2024, the same as the previous 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 Sea Pines, FL

How long does it take to sell a home in Sea Pines, FL?

Average Sale Time

Mar 2024Apr 2024CHANGE
13 Days5 Days-61.5%

Summary: Homes in Sea Pines had an average of 5 days on market in Apr 2024, down by 61.5% 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 Sea Pines are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Sea 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.

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

Report Updated 4 Days Ago

Newest Listings in Sea Pines, FL