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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. We specialize in the representation of homeowners from Pine Lakes, and believe you deserve access to the most current, objective and comprehensive information about Pine Lakes.

As a team we are dedicated to keeping on top of the market with continuing higher education. With this dedication, the knowledge we acquire benefits you in this constant changing real estate market. We have developed an extensive marketing plan that has enabled us to get you top dollar in this challenging market.

Like any other investment, you should know everything you can about its value and marketability. That is why we are happy to enclose this complimentary report on the current sales activity in Pine Lakes. The following tables contain information on homes sold in Pine Lakes.

There are many reasons people have to sell their homes and when the time is right for you we will be happy to setup a free consultation to discuss your real estate needs. We can help if you are

Facing Foreclosure Short Sale Estate Sale Downsizing Relocating Expired Listing Divorce Upsizing

Questions please call or email our Pine Lakes Agent 941-224-4685

SUMMARY OF HOMES SOLD BETWEEN 1/1/2010 & 12/31/2011 
  Homes Sold Annual Turnover Avg Sales Price Avg Price per Sq Ft
1/1/2011 to 12/31/2011 11 3.4% $134,768 $70.38
1/1/2010 to 12/31/2010 15 5.4% $143,693 $84.80
Difference -4 1.4% -$8,925 -$14.42
Details ON MOST RECENTLY SOLD HOMES THROUGH 12/31/2011
 Address  Year Built  Beds  Bath  Living Area  Price per Square Foot  Sold Price  Date Sold
2107 40th w St 1975 3 2 1,488 $59.81 $89,000 1/18/2011
4106 19th W Ave 1974 3 2 1,564 $54.80 $85,700 2/10/2011
1911 W 43rd W St 1976 3 2 2,298 $40.03 $92,000 3/25/2011
406 21st W Ave 1977 3 2 2,125 $66.82 $142,000 5/6/2011
2103 41st W St 1974 3 2 2,174 $52.44 $114,000 6/6/2011
3806 24th W Ave 1977 3 2 1,996 $78.06 $156,000 6/8/201
4106 N 19th W Ave 1974 3 2 1,564 $104.86 $164,000 7/22/2011
2222 41st W St 1974 3 2 1,460 $129,500 $88.70 8/12/2011
2203 39th St W 1974 4 4 3,125 $240,000 $76.80 10/28/2011
1912 40th St W 1974 3 2 1,793 $158,750 $88.54 12/12/2011
4116 21st Ave W 1973 3 2 1,764 $111,500 $63.21 12/21/2011

 

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.

Based on information from the Manatee County property Appraisers office. Information may or may not include all properties sold in Pine Lakes during that period. The accuracy of information in this report is dependent upon the aforementioned sources, and is not guaranteed. If your property is currently listed with another broker, this is not a solicitation of that listing.


 

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