July 15, 2013
Palmetto Bay is selling like hot cakes. Eighty residential homes closed between April 1 and June 30, 2013 compared to 55 homes sold in the first quarter. That’s a 31 % increase. Check out the graph to see the price breakdown. The majority of homes sold between $400,000 – 449,000. The lowest sale was a […]
July 9, 2013
Pinecrest sales were robust in the second quarter compared to the first. Eighty six homes sold in the second quarter while only 34 homes sold in the first. Take a look at the charts below to compare the high, low and average sales in the Village of Pinecrest for the first and second quarters. Except […]
July 8, 2013
In The Village of Pinecrest, 86 residential properties sold from April 1 – June 30, 2013 with a total volume in sales of $86,736,675.00. Only six properties that sold were under $500,000, but 55 sales were between $500,000 and $999,999. In the luxury market, 25 properties sold over $1,000,000 as follows: there were ten closed […]
July 1, 2013
Brazil ranked number one in foreign countries searching for Miami properties on Miamire.com in May, 2013. South Florida continues to be a hot spot for international real estate buyers and consumers with Canada, Columbia, Venezuela, Spain, Argentina, France, United Kingdom and Italy in the top ten. Part of the reason that Brazil tops the list […]
June 25, 2013
There has been an astounding increase in the average price per square foot of homes for sale in Gables by the Sea for the second quarter of 2013. Thirteen listings on the market are averaging an asking price of $589/square foot. Compare this number to the seven closed sales averaging only $316/square foot. That’s a […]
June 24, 2013
Finally there have been some closings in Snapper Creek Lakes after a first quarter lull. Four properties sold in the second quarter of the year averaging 5 bedrooms and 5 baths, with 5, 206 square feet of living space, for an average sale price of $2,590,000 or $498 per square foot. But, the trend is […]
May 26, 2013
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 […]