April 1, 2014

Are Zillow Zestimates Accurate in Home Valuation?

When citing a home’s value, I personally have not had a problem with my sellers and buyers believing a Zillow “zestimate” over my Comparable Market Analysis (CMA).  The value generated by a well researched and analyzed Professional CMA is persuasive and clear. Zillow is very upfront about their limitations.  They generate a range for their estimate rather than a specific sales […]
March 26, 2014

Pinecrest Home Sales – Price Per Square Foot Up 13%

  Pinecrest homeowners have good reason to be happy as the first quarter of 2014 comes to a close. I crunched the numbers of single family home sales in The Village of Pinecrest and compared sales from this year to sales from last year for the same time period (January to present). The average sale price is up $ 40 a square […]
March 25, 2014

Two Sales in Snapper Creek Lakes

Two homes were snapped up by buyers this year in Snapper Creek Lakes. 5545 Arbor Lane Sale Price  $4,994,500 $491 per Square Foot Brokerage:  EWM Realty International This home is of superb craftmanship with impeccable woodwork and details throughout.  The spacious 6 bedroom, 8 bath craftsman-inspired residence was custom-built in 2008 and includes his and […]
March 3, 2014

Pinecrest Homes – February Sales

The February 2014 stats are in and the number of single family homes sold in the Village of Pinecrest is identical to February of last year. Twelve homes sold at an average sale price of $1,435,683 or an average price per square foot (SF) of $323. When looking at all sales for the month of February, the average sales price […]
February 25, 2014

Pinecrest Homes – Rosy Sales in January 2014

Single family home sales in the Village of Pinecrest are rosy this year compared to last.  Seventeen homes closed this January with an average sales price per square foot of $290.00 and an average sale price of $1,435,338. In 2013, only 10 homes closed during the same month with an average sale price per square foot of […]
February 18, 2014

What’s For Sale in Pinecrest?

As of January 31, 2014, there are 95 single family homes for sale in The Village of Pinecrest. The hot price ranges are between $1 – 2 million with 33 active listings and $500,000 – $999,999 with 26 active listings. In the ultra luxury market, 19 homes are for sale between $2 – 3 million, 12 homes are for sale between $3 – […]
February 3, 2014

The Village of Pinecrest 2013 Market Report – The Year in Review

In The Village of Pinecrest, 228 homes single family homes sold in 2013 with a total sales volume of $254,928,575.  Sales ranged from $305,000 to $3,800,000.00 with an average sale price of $1,118,108 and an average price per square foot (SF) of $256.  The average sale price increased 13% and the average price per SF increased by 9% over […]
January 27, 2014

Luxury Defined – Miami – New York – London

Christie’s International Real Estate just came out with their report on the state of luxury real estate in three world class cities, Miami, New York and London, all of which are experiencing significant growth. Buyers with high net worth, wishing to spend $1 million or more on residential property, can afford to acquire homes anywhere […]
January 3, 2014

Pinecrest Fourth Quarter Single Family Home Sales 2013

In the Village of Pinecrest, 36 single family homes sold in the fourth quarter of the year (October 1 – December 31, 2013) with a total sales volume of $42,673,250.  This is a dramatic drop in sales from the third quarter of this year, where 72 homes closed. Of the 36 closed sales, 15 homes were under $1,000,000 and 21 homes were over $1,000,000. […]