Here’s a quick look at the fall stats for sales and inventory in the Coconut Grove condo and townhome market from January through September of this year. Under $500,000 Inventory 43% Increase Sales 43% Reduction $500,000 to $999,999 Inventory 24% Reduction Sales […]
As the Miami weather changes, so does the real estate market this fall. We are seeing a slow down in sales as interest rates have doubled over the last six months with a continued low supply of inventory. Over the past four months, 83 single family homes sold in Pinecrest. There are currently 87 homes […]
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 […]
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 […]
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.
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 […]
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 […]
Look at these phenomenal numbers for the Village of Pinecrest June home sales when compared to the same month last year. The number of homes sold was up 206%, the sales volume up 315% and the average price up 36%. The question I am constantly asked is “Will this Continue?” Wish I had a magic […]