Pine Ridge, FL
Housing market overview · Updated weekly
$289,400median sale price
Homes sold
35
Last 12 weeks
Days on market
90
Average pace
Active listings
174
5.0 months supply
Sale-to-list
97.9%
Below asking
Pine Ridge, FL housing market analysis
The Pine Ridge housing market is currently classified as a leaning buyer's with a median sale price of $289,400. Prices have decreased 22.9% compared to last year, which may signal a cooling market and potentially favorable conditions for buyers looking to enter. Homes in Pine Ridge spend an average of 90 days on market before going under contract, which is above average, giving buyers more time to evaluate properties and negotiate favorable terms.
With 5.0 months of supply, Pine Ridge is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 97.9%, meaning homes are selling below asking price on average, suggesting room for negotiation.
There are currently 174 active listings in Pine Ridge, providing a moderate range of options for prospective buyers. New listings coming to market totaled 56 in the most recent period, which indicates healthy turnover and fresh opportunities for buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.
Whether you're a first-time homebuyer evaluating Pine Ridge as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Pine Ridge with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.
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Frequently asked questions
What is the average home price in Pine Ridge?
The median home sale price in Pine Ridge is $289,400, down 22.9% from last year.
How long do homes stay on market in Pine Ridge?
Homes typically spend 90 days on market before going under contract.
Is Pine Ridge a buyer's or seller's market?
With 5.0 months of supply, Pine Ridge is currently a leaning buyer's.
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