August 20, 2013

Distressed Sales of Single Family Homes – Southeast Miami Dade Corridor – 2013

Distressed single family home sales as a percentage of total annual sales are down since the first quarter in homes along the Southeast Miami-Dade corridor.  Distressed sales include foreclosures and short sales. I analyzed distressed sales in six cities: Pinecrest, Palmetto Bay, Coconut Grove, Coral Gables, South Miami and Key Biscayne.  In the chart  to […]
August 17, 2013

Pinecrest People Mover is Back in Service

Starting August 19, 2013, the Pinecrest People Mover resumes service.  This is a FREE transit bus service connecting neighborhoods and schools.  Middle and high school students who do not qualify for school district bus service can use it, as well as anyone who wishes to travel around the Village. Click herer for 2013-2014 Route Map and […]
August 12, 2013

Compare Your City – Average Price Per Square Foot of Homes for Sale

Check out how your neighborhood compares in average price per square foot for single family homes for sale.  I analyzed homes currently on the market in six cities: Coconut Grove, Coral Gables, Key Biscayne, Pinecrest, Palmetto Bay and South Miami. The numbers are quite interesting, especially if you are thinking of buying or selling a home. […]
August 5, 2013

Pinecrest Market Report – July 2013

In July, 27 single family homes were sold in The Village of Pinecrest for a total volume in sales of $29,898,500.  Sales were strongest in the $600,000 – 700,000  range and in the $1 – 2 million range for the luxury market.  The average home was 5 bedrooms, 4 baths, with 4, 050 square feet […]
July 31, 2013

Pinecrest Real Estate – The Elysium

The Elysium is a walled community off 57th Ave. (Red Road) and 112th Terrace with 27 homes.  Residences in this Pinecrest community range from 2 – 7 bedrooms with 2,360 – 8,144 square feet of living area and  lots from approximately 1/2 acre to 1.5 acres.   Homes for sale in The Elysium range from $600,000 […]
July 22, 2013

116 Homes for Sale in Pinecrest

As of June 20, 2013, there are 116 residential properties for sale in The Village of Pinecrest listed between $399,000 and $4,900,000. THE LOW – The lowest priced listing is a 4 bedroom, 2 bath, 2,323 square foot short sale on a third of an acre, listed for $399,000 or $172/square foot. THE HIGH – […]
July 9, 2013

Comparison of 1st Quarter and 2nd Quarter Sales in Pinecrest

Pinecrest sales were robust in the second quarter compared to the first.  Eighty six homes sold in the second quarter while only 34 homes sold in the first. Take a look at the charts below to compare the high, low and average sales in the Village of Pinecrest for the first and second quarters. Except […]
July 8, 2013

Village of Pinecrest – 2nd Quarter Sales 2013

In The Village of Pinecrest, 86 residential properties sold from April 1 – June 30, 2013 with a total volume in sales of $86,736,675.00. Only six properties that sold were under $500,000, but 55 sales were between $500,000 and $999,999.  In the luxury market, 25 properties sold over $1,000,000 as follows:  there were ten closed […]
June 16, 2013

Just Listed in Pinecrest

Need space – here it is! Northeast Pinecrest gated manse with all the bells and whistles:  7 bedroom, 8.5 bath,  8,712 square feet, enormous family and great room, rotunda foyer, mahoghany library, large cook’s kitchen with Viking appliances and two pantries, fireplace, custom closets, pool, spa and patio with covered  bbq area, balconies, three car […]