August 20, 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 12, 2013
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
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 15, 2013
Palmetto Bay is selling like hot cakes. Eighty residential homes closed between April 1 and June 30, 2013 compared to 55 homes sold in the first quarter. That’s a 31 % increase. Check out the graph to see the price breakdown. The majority of homes sold between $400,000 – 449,000. The lowest sale was a […]
July 9, 2013
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 […]