Pinecrest Lakes July 2019 Market Report

Pinecrest Lakes July 2019 Market Report

There are 7 homes for sale in the Pinecrest Lakes community of Jensen Beach FL as of July 2019.  Listing prices range from $379,900 up to $499,900.  This is an average list price of $436,743 which equals $200.33 per sq. ft. of living area.

There are 11 homes under contract and awaiting closing. The list prices were $379,000 and $690,000.  Which works out to an average list price of $453,852 which is $206.26 per sq. ft. of living area.  These homes were on the market for an average of 57 days before going under contract.

In the past 12 months, 17 homes have sold in Pinecrest Lakes with sales prices ranging from $318,250 up to $887,388.  This is an average sales price of $484,752 which is $188.07 per sq. ft. of living area.  These sales averaged 67 days on the market and sold at 95% of list price.

About Pinecrest Lakes in Jensen Beach:

The Pinecrest Lakes community of Jensen Beach FL was first developed in the late ’70s and early ’80s 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.

All ages and pets are welcome in Pinecrest Lakes.  The HOA fees were a very reasonable $67.00 a month and include maintenance and reserve funds for all of the common areas in this community.

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

For more Stuart Florida area real estate information contact Gabe Sanders or search for properties at GabeSanders.com

For the latest market reports for Martin County, Saint Lucie County and the State of Florida please click on this link.