The median asking price in Pinegrove is $319,900, an improvement on the median three months ago which was $349,950 .
The median house price listed in Pinegrove this month is $319,900.
When we look at the data we have, it can help with trying to establish whether or not Pinegrove is a good investment target.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Pinegrove, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Pinegrove will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.