Q3 real estate sales report: Pine Castle

By Local Labs News Service | | Dec 1, 2018


Median prices rose in Pine Castle over last year, and are up 64.1 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 37 homes sold in Pine Castle for a median price of $192,000. That's 15.2 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 1 home in Pine Castle was in foreclosure.

Median property tax for homeowners in Pine Castle was $1,617.92 in 2015 according to tax data from that year. That means homeowners pay 1.3 percent of their home's value in taxes.

Statewide, Florida homeowners pay an effective property tax rate of 1.1 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it 21st among U.S. states and the District of Columbia.

Pine Castle real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$117,000
-
2010
16
$127,110
8.6%
2011
5
$62,150
-51.1%
2012
28
$80,933
30.2%
2013
46
$102,168
26.2%
2014
38
$109,551
7.2%
2015
34
$125,080
14.2%
2016
40
$126,525
1.2%
2017
33
$166,668
31.7%
2018
37
$192,000
15.2%

Median property tax
Median sale price
Effective property tax rate
2013
$1,366.38
$102,168
1.3%
2014
$1,440.24
$109,551
1.3%
2015
$1,617.91
$125,080
1.3%

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