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Market Update for Pine Lakes Homes

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. That is why we are happy to provide this complimentary real estate report on the sale activity in Pine Lakes. If you should have any questions or need immediate attention please call 941-224-4685. If you are thinking about selling your home or looking for a new home just let us know and we will be happy to assist, just contact us and we will be happy to answer all your questions. Please check back, we will update the information on a quarterly basis and when the time is right for you just let us know, we are here to help.

HOMES SOLD FROM 1/1/ 2009 AND COMPARISON TO LAST YEAR

Buying                                                                 Our Recent Solds                                                       Selling

 

Homes Sold

Annual Turnover

Avg Sale Price

Avg Price per Sq FT

1/1/09 to 12/31/09

6

2.17%

$153,541

$80.47

1/1/08 to 12/31/08

5

1.81%

$215,729

$107.59

Difference

1

.36%

-$62,188

-$27.12

DETAILS ON INDIVIDUAL HOMES SOLD BETWEEN 1/1/2009 and 12/31/2009

 Address Year Built Beds Bath Living Area Price per Square Foot Sold Price Date Sold
2303 W 43rd St1977321,782$72.95$130,0004/23/09
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

DETAILS ON INDIVIDUAL HOMES SOLD BETWEEN 1/1/2008 TO 12/31/2008

AddressYear BuiltBedsBathsLiving AreaPrice per Sq FtSold PriceDate Sold
2212 41st St W Ct1978322,100$98.00$206,0006/2/08
2307 W 42nd St1976321,924$130.00$251,6486/10/08
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

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

E-Mail Us!

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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Pine Lakes Agent

Sharon Harris REALTOR®, CDPE, e-PRO, GRI, SFR
 
Sharon Harris REALTOR®, CDPE, e-PRO, GRI, SFR
Email Sharon
 
Cell: 941-224-6447
Fax: 941-746-1108

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

At Home With DiversityCertified Distressed Property Experte-PRO DesiginationGraduate Realtor InstituteShort Sale & Foreclosure Specialists

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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