Single family home sales in the Village of Pinecrest are rosy this year compared to last. Seventeen homes closed this January with an average sales price per square foot of $290.00 and an average sale price of $1,435,338.
In 2013, only 10 homes closed during the same month with an average sale price per square foot of $ 238 and an average sale price of $784,500. That’s an 18% increase in sale price per square foot and a 45% increase in average sales price. Good news for Pinecrest sellers.
Homes that sell for the highest price per square foot are getting the most bang for their buck. However, the homes that sell for the most money are not necessarily the homes that sell for the most per square foot. Take a look below at house number three with a selling price of $690,000 but a price per square foot of $357 , the third highest of the 17 closed homes.
5880 SW 94th St. 8 bedroom, 9.5 bath, 7,926 sq. ft of living space, over 1 acre lot, listed by Coldwell Banker,
Sales Price $4,210,000,
Sales Price Per Square Foot $531
5840 SW 96th St. 6 bedroom ,6.5 bath, 7,218 square feet of living space, 3/4 acre lot, listed by EWM,
Sales Price $3,200,000,
Sales Price Per Square Foot $443
7800 SW 128th St. 3 bedroom, 2 bath, 1,933 square feet of living space, 3/4 acre lot, listed by ShowcaseMiami Realty, Inc,
Sales Price $690,000 ,
Sales Price Per Square Foot $357
Click this link to see my blog on the Village of Pinecrest Market Report 2013 – Year in Review
I am a Pinecrest luxury specialist. If you would like to schedule a buyer, seller or investor consultation, kindly give me a call directly at 305-898-1852 or drop me a note at Wellins.D@ewm.com. I am more than happy to provide you with a courtesy valuation of your home.