July 2014 Pinecrest Lakes Housing Market Report

There are 10 actively listed homes for sale in the Pinecrest Lakes community as of July 2014. Listing prices range from $679,000 to $334,990 which equate to an average of $154 per sq. ft. of living area. (No bank owned or distressed sales)

There are 3 homes under contract and awaiting closing. List prices are $295,000 to $380,930 at an average asking price of $154 per sq. ft. of living area.

In the past 12 months, 28 homes have sold in Pinecrest Lakes with sales prices ranging from $250,000 to $447,680 which was an average of $146 per sq. ft. of living area. In these sales there was one short sale and one foreclosure.

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late 70’s and early 80’s during a time when the Martin County Commissioners were notoriously stringent and restrictive about new developments in the area. Consequently this community has a distinctive feel and flavor. All homes are on at least a 1/2 acre lot with many on larger 1 to 2 acre lots. None of the homes are identical and all types of construction and paint schemes are allowed.

Pinecrest Lakes is located south of NE Jensen Beach Boulevard and just east of the new Green River parkway. Residents enjoy wide winding streets with sidewalks, street lights, underground utilities and public water. Community features include tot lots, parks, lakes and tennis courts.

Pinecrest Lakes is located in Martin County’s “A” rated school district. The local public elementary school, Jensen Beach Elementary School, is less than a mile away, within easy walking and biking distance for students. Students also attend Stuart Middle School in Stuart and Jensen Beach High School located approximately 1 mile northwest of the community on NE Jensen Beach Boulevard.

Pinecrest Lakes is also about 1 mile to the east of the Treasure Coast Square Mall, Martin County’s main shopping center. Residents are a short ride away from the beautiful beaches on Hutchinson Island, historic downtown Jensen Beach, Indian Riverside Park as well as numerous boat ramps and marinas that serve the vast boating resources available in Martin County.

Here are the currently available Pinecrest Lakes Homes for Sale in Jensen Beach, Florida

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July 2014 Pinecrest Lakes Housing Market Report