The luxury market in the Village of Pinecrest continues to thrive in the $1M to $1.4M price range. Out of 30 single family home sales, almost half the sales were in this pocket. The balance of sales fell between $1.5M and $2.9M. When comparing high-end sales for the third quarter of 2015 to 2014, the numbers are stable.
However, sales under $1M have dropped by 24%. The biggest change in comparing Q3 sales this year to last is in the $500K to $799K price range – off by 56%. The hot market, at 46% of total sales, was overwhelmingly between $800,000 and $899,000.
Click this link to see price and price per square foot numbers for Pinecrest 2015 Q3 Sales.
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