Is Pine Lake, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Pine Lake has remained a Seller's Market.
Housing Prices in Pine Lake, GA
How much do homes in Pine Lake, GA cost?
Median Sold Price
$340,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Pine Lake was $340,000 in June 2024, up 2.7% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $289K | N/A |
2 Bedrooms | $305.5K | $307.5K | +0.7% |
3 Bedrooms | $336K | $355K | +5.7% |
4 Bedrooms | $410K | $465K | +13.4% |
5+ Bedrooms | - | $700K | N/A |
Summary: Pine Lake housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Pine Lake | $331K | $340K | +2.7% |
Atlanta-Decatur | $350K | $349.9K | 0% |
Housing Supply in Pine Lake, GA
How many homes are available in Pine Lake, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Summary: The Pine Lake real estate market had 7 homes for sale in June 2024, a 16.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pine Lake housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Pine Lake in June 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
4 Days | 25 Days | +525.0% |
Summary: Homes in Pine Lake had an average of 25 days on market in Jun 2024, up by 525% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Pine Lake; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.