September 17, 2020
Village of Pinecrest home sales in July and August were strong with a total of 67 closings. The average sale price for both months was $1,732,228 or $388 per square foot (SF), an 11% increase over 2019 sales. Take a look at the Pinecrest Single Family Home Sales chart and graphs where I broke […]
August 19, 2020
Single family home sales in the Village of Pinecrest were surprisingly good the first half of 2020 despite the shut down from Covid 19 in February and slow trickle of life forms emerging from their cocoons in May. Condo dwellers have been running from the towers on Brickell to the wide open spaces of Pinecrest, […]
August 2, 2020
It’s been an exceptionally different year in residential real estate in Miami-Dade and Broward Counties. Covid-19 has had a dramatic effect on the real estate industry in ways that could not be predicted. Consumers were of the belief that Covid-19 would adversely impact home values. Surprisingly, what you will see in this report is that […]
June 19, 2020
May single family home sales in The Village of Pinecrest were strong under $1 million, but down by 32% over last May. The price point of the buyers last month is the stand out stat. Nine of the 13 sales were under $1 million: 3 sales were in the $600,000’s, 3 in the $700,000’s, 2 […]
April 24, 2020
The pandemic has triggered a very unpredictable real estate market with unusual dynamics. Nobody knows what will happen with inventory and pricing. So here are some things to ponder if you are thinking of buying or selling a home. Seller Considerations: Should I Sell? Some sellers are pulling their homes off the market if there’s […]
March 19, 2020
The Village of Pinecrest catapulted into a hot buyer’s market in February. While it was a good market for buyers throughout last year, February became a sizzling cauldron of inventory. January Sales January single-family home sales started out strong with 21 homes sold, 52% of sales under $1 million, 30% between $1 -2 million and […]
February 8, 2020
I’m pleased to present my Village of Pinecrest 2019 Annual Real Estate Market Report.
February 11, 2019
It was a record breaking year for single family home sales in the Village of Pinecrest. Not since 2013 have so many homes turned over ownership. And total sales volume was also at a six year high, up by 19% over 2014, which was the last big year when sales exceeded $300 million. The Big […]
February 23, 2018
Fewer Units Sold but Prices Up The number of single family home sales in the Village of Pinecrest was down by 7% in 2017, with 180 units sold for a total sales volume of $257,086,111. The average home sold for $1,428,256 or an average price of $326 per square foot (SF) up from an average of […]