Since, we received a great response from our Parkland Real Estate profile on Parkland Isles, we wanted to discuss the Parkland community of Pine Tree Estates. Our team has sold many homes in Pine Tree Estates over the years, making it one of the most popular communities in all of Parkland, Florida.
In 2010, there was a total of 23 homes sold in Pine Tree Estates. So far half way through the 2011 year, there has been 12 total home sales in the Pine Tree Estates community. What does this mean? Are there more sales taking place now than in 2010? Where have prices gone from 2010 to 2011 in Pine Tree Estates? Below, please see two charts: The first is from 2010, and the second chart is from this year so far:
The highest priced home sale in 2010 was for $1,300,000, and the average sales price was $771,100. The average home sold for 91% of the list price. More and more home buyers are taking advantage of the record low prices and calling Pine Tree Estates home! Below, please find the chart from January to present 2011:
The highest priced home sale so far in in 2011 was for $1,620,000, and the average sales price was $672,566. The average home sold for 94% of the list price. So far in 2011, the average sales price has only fallen by 3% from last year. As a result, the Pine Tree Estates community has remained consistent in the average sales price for the past two years. Overall homes sales should remain steady again for 2011. So far, there has been 12 total sales half way through the year.
Pine Tree Estates is one of Parkland’s first prestigious communities with over 633 homes developed from 1974 to present. There is no homeowner’s association in the community, allowing homeowners to build on and have horses on their properties. Pine Tree Estates homes sites are on 1-3 acres lots located on the north and south side of Holmberg Road, 1/4 of a mile west of 441 to Riverside Drive, in the heart of Parkland.
Pine Tree Estates is a perfect community for a home buyer looking for space and to live in a non-gated community. There are many unique homes in the community, where no one home looks like the next. Pine Tree Estates is also conveniently located close to Parkland’s amazing parks and recreational activities, especially the Equestrian Center at Temple Park. For more information and to search current available Parkland Isles listings for sale, please click: Pine Tree Estates
Know the neighborhood. Know the value. Know your hometown agents: The Parkland Parrot Real Estate Team. If you are interested in buying or selling in Parkland or South Florida and are looking for experienced local Realtors, please do not hesitate to contact the Squawk at 954-609-0591 or send us a message here.
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