June 1, 2013

Spanish Hacienda Sells in Pinecrest

It took about four months, but the Spanish Hacienda home in NW Pinecrest sold this week for $2,500,000 or $326 a square foot. This 6 bedroom, 7.5 baths, 7,657 square foot casa, built in 2003 on over an acre, was bound to lure the right buyer with its top notch interior formal finishes, expansive rooms with fantastic natural lighting, Old Chicago brick surrounding the house, climate-controlled […]
May 27, 2013

Just Listed in Pinecrest

This spacious home located at 7650 S.W. 122nd St.,  in S.W.  Pinecrest,  is 5 bedrooms and 4 baths with  5,599 square feet of living space on just under an acre. It has a large open kitchen, an oversized master bedroom and a long  covered terrace overlooking the private pool and backyard. As you can see […]
May 26, 2013

Pinecrest Real Estate Market Update

To show you the trends in the Village of Pinecrest real estate market these days, I’ve created the chart below that shows the number of new listings that came out on the market each month in 2013 combined with how many of those new listings have either pended or sold. As you can see, we […]
May 25, 2013

Luxury Sales in Pinecrest, Coral Gables and Coconut Grove

The luxury residential market is healthy with 38 homes selling at $2 million and up.  Since January,  11 homes in  Pinecrest, 10 homes in Coral Gables and 17 homes in Coconut Grove have closed, 21 of which are waterfront. *Some Nice Features* Most of these high-end homes have what you would expect: gourmet kitchens, luxurious […]
May 20, 2013

Fire Protection Crisis in East Pinecrest and Palmetto Bay

Residents along the Eastern boundary of Pinecrest and Palmetto Bay have no fire station to protect their homes and families.   There are two fire stations that serve Pinecrest and Palmetto Bay, both located on US1 at SW 104th St and and SW 152nd St.  The response time is about eight minutes to both neighborhoods. […]
May 13, 2013

Five Year Comparison of Average Price Per Square Foot in Pinecrest

In looking at the “average list price per square foot” and the “average sale price per square foot” in Pinecrest, there is good reason for optimism.  These numbers are indicative of buyers and sellers frame of mind. Between  2009 – 2011, prices per square foot declined.  You can see by the graph below that  prices […]
May 6, 2013

Pinecrest Homes Under a Million

There are some good buys in Pinecrest right now, particularly if you don’t mind updating.  Out of 50 homes for sale under $1,000,000, eight are less than $600,000,  21 are between $600,000 and $799,000 and 28 are between $800,000 and $999,000 . Sixteen homes are reduced price listings and may be a good opportunity for buyers to negotiate a great deal. Single […]
May 3, 2013

Dog Park Needed in Pinecrest

I just joined Mayor Lerner’s Dog Park Committee to explore the development of a dog park in The Village of Pinecrest.  I don’t know about you other puppy owners, but our Hungarian Vizsla has made a daily snack out of the family room sofa and needs play dates in the neighborhood  to burn up some […]
April 29, 2013

Pinecrest Under $500,000

Only six residential homes are for sale in The Village of Pinecrest for under $500,000 and all but one are clustered near Evelyn Greer Park between 81st – 83rd Ave. and 127th – 132nd St..  Four of these are regular sales of homes built between 1955 and 1963 offering 3 – 4 bedrooms and 2 – 3 baths with 1,553 – 2,056 square feet of living space .  Two […]