Sellers – Real Estate Information

June 10, 2014

Inventory of Homes for Sale is on the Rise – Especially in Palmetto Bay

There are definitely more homes on the market this year over last. Take a look at the graph to the right that compares single family homes for sale between Jan 1 and June 1 in 2013 and 2014. Palmetto Bay has seen the greatest increase in homes for sale, up by 44%. This is a super hot area to […]

June 5, 2014

How Long to Sell Your Home in Pinecrest

Sellers frequently ask me how long I think it will take to sell their home in the Village of Pinecrest. Homes that are priced correctly usually sell within weeks in today’s seller’s market. Price is clearly the number one factor that determines speed of sale. That being said, the time it takes to sell a home depends […]

June 2, 2014

Pinecrest May See Decline in Sales Price Per Square Foot

This year, single family homes in the Village of Pinecrest have sold for an average of $300 per square foot. I’ve been looking at pending sales data for 2014 and it shows the average list price per square foot at $260. Since the average sale price to list price ratio is 95% for the year, meaning […]

May 20, 2014

Home Flipping is Down

The business of home flipping, a purchase and resale in less than six months, is down. According to RealtyTrac’s First Quarter U.S. Home Flipping Report, 3.7 percent of all U.S. single family home sales from January through March of 2014 were flips. This is a small drop from the previous quarter when 4.1 percent were […]

April 2, 2014

Eight Steps to Get the Best Price on Your Home

A home in good repair, with fresh pain and new carpets, will always show better and attract higher offers. If you are thinking of selling your home, follow these recommendations and you will have much greater success. Don’t Overprice – The worst case scenario is no showings or no offers. Buyers who are qualified to buy your home […]

April 1, 2014

Are Zillow Zestimates Accurate in Home Valuation?

When citing a home’s value, I personally have not had a problem with my sellers and buyers believing a Zillow “zestimate” over my Comparable Market Analysis (CMA). The value generated by a well researched and analyzed Professional CMA is persuasive and clear. Zillow is very upfront about their limitations. They generate a range for their estimate rather than a specific sales […]

March 26, 2014

Pinecrest Home Sales – Price Per Square Foot Up 13%

Pinecrest homeowners have good reason to be happy as the first quarter of 2014 comes to a close. I crunched the numbers of single family home sales in The Village of Pinecrest and compared sales from this year to sales from last year for the same time period (January to present). The average sale price is up $ 40 a square […]

March 25, 2014

Two Sales in Snapper Creek Lakes

Two homes were snapped up by buyers this year in Snapper Creek Lakes. 5545 Arbor Lane Sale Price $4,994,500 $491 per Square Foot Brokerage: EWM Realty International This home is of superb craftmanship with impeccable woodwork and details throughout. The spacious 6 bedroom, 8 bath craftsman-inspired residence was custom-built in 2008 and includes his and […]

March 3, 2014

Pinecrest Homes – February Sales

The February 2014 stats are in and the number of single family homes sold in the Village of Pinecrest is identical to February of last year. Twelve homes sold at an average sale price of $1,435,683 or an average price per square foot (SF) of $323. When looking at all sales for the month of February, the average sales price […]