Millionaires Row Home in Pinecrest
Are there really price corrections and a cooling off going on with Pinecrest real estate? Is this a scary forecast for sellers? Are you wondering if now is the time to jump into the market and sell your home?
I can definitely tell you that there’s a change in the market, with more homes listed than one year ago today. Inventory is up by 70% and sales down by 27%. But this simply means more opportunity and choices for buyers. Buyers can be more selective and evaluate more carefully.
That being said, well-priced homes in great neighborhoods are still getting action and offers. This is where sellers can stand out amongst the crowd. Price it right, focus on presentation and buyers will come. Freshen it up, add some landscaping pop and consider staging the home if it looks dated. These things really matter in this market.
And get this…60% of homes for sale in Pinecrest have reduced their asking price. So while the luxury market remains strong, it’s more competitive, requiring sellers to be savvy in how they price their home and appeal to buyers.
If you’d like to know how to get the best price on your home in today’s market, a great place to start is with a complimentary home valuation and an honest conversation with me, your Pinecrest real estate expert.