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 […]
January 18, 2018
Anyone remember the Cypress Hall Cafeteria of Parrot Jungle days in Pinecrest? Last night, Pinecrest Gardens opened its doors to the reinvented Cypress Hall, a cultural and educational center designed to connect visitors with the world of contemporary art. Located at the entrance to the Garden, the new 4,600 square foot venue has a wonderful […]
June 21, 2017
If you’re thinking of selling your home in Pinecrest, you’re probably wondering what the likelihood of success will be. There are some interesting trends. I looked at the data from the past six months to see what the odds of selling your home in Pinecrest are. Clearly, if you are priced under $1 million, and have not overvalued […]
June 5, 2017
There are plenty of single family Pinecrest homes currently on the market, 205 to be exact. The average list price is $2,354,283 or $411/SF. But, there is a big discrepancy between the offered price and sale price. Since January this year, a total of 77 homes have sold with an average sale price of $1,245,886 or $305/SF. These homes […]
April 9, 2017
Pinecrest Gardens (the old Parrot Jungle) holds the most special memories for my family. So many mornings, I’d meet with other moms and their toddlers there to have breakfast or coffee and enjoy the gorgeous garden. An early morning lifesaver, the Garden was a local spot where kids could play and interact in a safe and […]
March 13, 2017
The Village of Pinecrest land sales were relatively stable in 2016. Although it took longer to move Pinecrest real estate last year, prices were up. Market Recap of Land Sales A total of 14 properties sold last year in Pinecrest, most between 3/4 of an acre and 1.25 acres, averaging $1,031, 921 per sale or $26 a square foot (SF). […]
October 29, 2016
So often, I’m asked how to calculate the real estate tax savings or tax portability when downsizing homes. Here’s a clear and simple example that I provided to one of my sellers in Pinecrest. Use it as a template for your own numbers. Take a look at the chart. If you own a home that has a current market value of $2,300,000 with […]
September 23, 2016
Looking for a huge family home in Devonwood, in the sweetest corner of southeast Pinecrest? This mid century modern home is perfect for a growing family who dreams of 5 bedrooms and 5 full baths. Downstairs, there’s a gigantic family room with full wet bar for game day and gorgeous formal living and dining rooms with […]
February 19, 2016
What’s Happening with Undeveloped Land In Pinecrest? Last year, 16 parcels of undeveloped land sold in the Village of Pinecrest. An additional 8 lots with tear-down houses sold for land value only. (These statistics are included in my 2015 single-family home sales report.) Seven sales were west of 77th Av with an average sale price […]