August 4, 2023
What a wild ride it’s been for home sales in the Village of Pinecrest over the last five years. Nobody would have predicted that prices would rise and inventory would fall so dramatically in 2022. The trend was a boon for sellers. Effects of Covid on Home Sales in Pinecrest Sales Price and Price per […]
July 28, 2023
There were some huge swings in the Village of Pinecrest single family home sales for 2022. Let’s jump right into the stats. What Numbers Went Up? Average Price per Square Foot (ppsf) was way up from $496 in 2021 to $708 in 2022 to – a whopping 43% increase . Average Sales Price increased from […]
February 28, 2022
Village of Pinecrest remains a very strong sellers market as February comes to a close. I just wish there were more sellers because I have buyers. Real estate inventory is still dreadfully low, especially under $1 million. There are only 47 homes for sale in Pinecrest with 51 homes currently under contract. In January, 16 […]
February 10, 2022
Trend Setting Year What a spectacular year it’s been for Pinecrest real estate sales. My 2021 Annual Market Report is designed with you in mind, to provide concise comparative data for single-family home sales over a five-year period, from 2017 through 2021. Prices Gone Crazy In 2021, total sales were up 22% and prices soared […]
November 22, 2021
Here's a very interesting comparison of home sale prices in seven of South Florida's finest communities: Palmetto Bay, Pinecrest, Coral Gables, Coconut Grove, Key Biscayne, Miami Beach and South Miami.
October 31, 2021
Q3 2021 real estate report for the Village of Pinecrest
October 8, 2021
Miami is the second most expensive housing market in America now, just behind New York. And Pinecrest, our little village tucked away in suburbia, is killing it with average sale prices soaring right along side the rest of the city. There’s still a decreased level of inventory, particularly under $1 million, so the number of […]
September 25, 2021
Are you asking yourself, “Should I rent or sell my home?” In this market, there is no incorrect answer. Inventory is low and prices are up for both sales and leasing. So, as a seller or landlord, you simply can’t go wrong. Here are four important questions to ask yourself before leasing a residential home […]
August 25, 2021
July home sale prices were on fire and burning fast in Pinecrest. Comparing sales from a year ago, the volume of sales was up 71% and the average price of sales up 49%. This is a red hot trend for sellers, but a tough market for buyers. Low Inventory Continues to Fuel the Flames First […]