Is Pine Lake, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pine Lake is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Pine Lake has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Pine Lake, GA

How much do homes in Pine Lake, GA cost?

Median Sold Price

$465,000

-

Based on all homes sold in March 2024.

Difference Since Last Month

+$105,000(+29.2%)

Key Takeaway

Homes in Pine Lake have sold for 29.2% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $360K-
N/A
4 -$465K
N/A
5+ --
N/A

Summary: Pine Lake 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 Pine Lake, GA

How many homes are available in Pine Lake, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
330.0%

Summary: The Pine Lake real estate market had 3 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Pine Lake housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 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 Pine Lake, 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 Pine Lake in March 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 Pine Lake, GA

How long does it take to sell a home in Pine Lake, GA?

Average Sale Time

Feb 2024Mar 2024CHANGE
4 Days45 Days+1025.0%

Summary: Homes in Pine Lake had an average of 45 days on market in Mar 2024, up by 1025% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pine Lake has remained consistent over time.

Summary: During March 2024, 1 homes were sold in Pine Lake; 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.

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

Report Updated 26 Days Ago

Newest Listings in Pine Lake, GA

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