June 21, 2017
If you’re thinking of selling your home in Pinecrest, you’re probably wondering what the likelihood of success will be. There are some interesting trends. I looked at the data from the past six months to see what the odds of selling your home in Pinecrest are. Clearly, if you are priced under $1 million, and have not overvalued […]
February 18, 2016
Each year, I create a comprehensive market report that subdivides single-family home sales in the Village of Pinecrest into quadrants, with SW 112th Street representing the division between north and south and SW 67th Avenue representing the division between east and west. (See map below). These numbers reflect […]
October 5, 2015
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 $2.9M. When comparing high-end sales for the third quarter of 2015 to 2014, the numbers are stable. However, sales under […]
October 4, 2015
Single family home sales are steady and stable in the Village of Pinecrest. The chart compares the third quarter of this year to third quarter sales in 2014 and there are a few surprises. The average luxury home sale price is up a mere 2% as is sales under a million at 2.5%. The average sale price per square foot is up 6% in […]
October 3, 2015
Devonwood is a very desirable community in the Village of Pinecrest located off Ludlam Road between 131 St and 136 St. Many of us call it the Coconut Grove of Pinecrest because the streets and homes are so beautifully shaded by towering oaks, mature trees and lush tropical landscaping. The lovely and prestigious enclave of Devonwood has had only three sales since January of this year. […]
August 30, 2015
In the Village of Pinecrest, 13 acre parcels of land this year have transferred ownership. Five lots were exclusively land sales and eight were homes on acres that sold for land value. Here’s the break down. Land Sales: Total 5 When looking at land values, the actual sale price is less significant than the sale price per square foot ($/SF) because parcels very in […]
May 11, 2015
Sixteen single family homes sold in the Village of Pinecrest in April. Take a look at the chart for details on location, bedrooms, baths, sale price and sale price per square foot (SF). The top seller was in Northwest Pinecrest selling for $2,040,000 or $361 per square foot (SF). This was not the sale with highest price […]
April 7, 2015
First quarter sales in the Village of Pinecrest has seen a bit of a decline when compared to single family home sales from the same period in 2014. Forty five homes sold through March 31, 2015, only four less than last year. Luxury Market In the luxury market, with 22 sales over $1 million, the hot market continued to be between $1 […]
March 2, 2015
January was a slow month for single family home sales in The Village of Pinecrest. There were only 13 closings, with a top sale of $2,275,000 and a bottom sale of $540,000. The average sale was $994,000 or $270 per square foot. In reviewing the luxury segment of this market, properties that sold for over $1 million, the average price was $1,351,000 […]