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Pine Lakes Market Update


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Pine Lakes is a lovely community of single family homes located in West Bradenton, pride of homeownership is evident here. Like any other investment, you should know everything you can about its value and marketability. If you are thinking about buying or selling your home we have all the right tools to help with your Bradenton real estate needs. Please check back, we will update the sales activity on a quarterly basis and when the time is right for you just let us know, we are here to help. Let our strength become yours!

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SUMMARY OF HOMES SOLD FOR THE PAST TWO YEARS
 Homes SoldAnnual TurnoverAvg Sales PriceAvg Price per Sq Ft
7/1/09 to 6/30/10113.97%$151.068$82.07
7/1/08 to 6/30/0941.44%$187,750$107.03
Difference72.53%-$36,682-$24.96
Details on Individual Homes Sold Between 7/1/09 and 6/30/10
 Address Year Built Beds Bath Living Area Price per Square Foot Sold Price Date Sold
3603 W 22nd Ave1978321,647$78.93$130,0007/15/09
2211 W 40th St1974221,872$80.80$151,2507/23/09
4118 W 24th Ave1975321,796$80.73$145,0007/27/09
4108 W 21st Ave1973321,801$96.61$174,0009/16/09
3912 W 19th Ave1973432,624$72.78$191,0009/18/09
4114 W 24th Ave1975321,698$88.34$150,0002/1/10
4006 W 24th Ave1975422,142$58.36$125,0003/11/10
4110 W 24th Ave1974432,189$100.50$220,0003/12/10
3511 W 20th Ave1978221,591$69.14$110,0003/17/10
2220 39th W St1979321,644$86.68$142,5005/7/10
3803 23rd W Ave1973221,369$89.85$123,0006/15/10
Detail on individual Homes Sold Between 7/1/08 and 6/30/09
AddressYear BuiltBedsBathsLiving AreaPrice per Sq FtSold PriceDate Sold
3902 W 23rd Ave1975321,805$121.88$220,0007/9/08
2212 W 41st St Ct1978322,100$98.00$206,0007/22/08
4110 W 24th Ave1974432,189$89.08$195,00012/30/08
2303 W 43rd St1977321,782$72.95$130,0004/23/09

Annual Turnover:  This is the percentage of homes that has sold in Pine Lakes over the past year. For example, if Pine Lakes had 100 homes and 5 sold in the past year, your annual turnover would be 5%. This statistic measures the pace of real estate activity in Pine Lakes. A higher turnover indicates a faster pace.

Avg Price per Sq Foot: The average price per square foot is useful for understanding the average value of homes in Pine Lakes regardless of size. For example, a 2,000 square foot home that sold for $400,000 and a 2,500 square foot home that sold for $500,000 both have a price per square foot of $200. The difference in their sale price results from the difference in their living area. Multiplying the living area of your home by the average price per square foot for Pine Lakes provides a rough estimate of your home's value. If you would like the current market value of your home, its easy, just contact us.

Difference (+/-): This shows how each statistic has changed from one year to the next,illustrating important trends in Pine Lakes. For example, if the Avg. Price Per Sq. Foot was $200.00 over the past 12 months, and was only $180.00 the year before, it would show +$20.00 compared to the previous year.

Beds: This is the number of existing bedrooms in a home. The number of possible bedrooms may be greater.

Baths: This is the total number of full and half baths in a home

Living Area: This is the space in a home that is typically air-conditioned. It generally excludes areas such as the garage, lanai, porch, veranda, etc.


Let Our Strength Become Yours,

The Harris and Mullen Team

Sharon Harris and Tracey Mullen 
REALTORS®, AHWD, e-PRO,CDPE,GRI, SFR

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941-224-4685 Direct




Based on information from the Mid Florida MLS. This information may or may not include all properties sold in Pine Lakes during the reporting period. The accuracy of information in this report is dependent upon the aforementioned source, and is not guaranteed. If your property is presently listed with another broker, this is not a solicitation of that listing.

 


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The Bradenton Home Specialists AHWD,CDPE, e-PRO,GRI,SFR

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Contact one of our professionals today to get the personal attention you deserve! Our goal is to make your next real estate transaction a successful one. A REALTOR® is a real estate professional who is a member of the National Association of REALTORS® and subscribes to a strict code of ethics.

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