Below is a seven-year history of key real estate statistics for the Pinecrest Florida real estate market, the market in which I specialize in.
People are buying; 217 listed single family homes sold in Pinecrest in 2012. Homes are selling - they just have to be priced right for the location and condition.
In 2012 closed sale prices ranged from $220,000 to $4,500,000. The average sales price of a Pinecrest single family home in 2012 was $972,970; that is up almost 4% form 2011. 70% of the Pinecrest single family homes sold for under one million dollars, 30% for over, same as last year.
Of the 217 properties sold, 19 were short sales, selling from $242,000 to $750,000; 9 were foreclosed properties selling from $425,327 - $2,250,000. 13% of the Pinecrest sales were distressed sales (short sale/foreclosure), down 4% from last year. In Miami-Dade County approximately 50% of the single family home sales were distressed sales, down 8% from last year.
I hope you find this report interesting, and as always, if you have any questions, just feel free to give me a call ~ Marie
In 2012 closed sale prices ranged from $220,000 to $4,500,000. The average sales price of a Pinecrest single family home in 2012 was $972,970; that is up almost 4% form 2011. 70% of the Pinecrest single family homes sold for under one million dollars, 30% for over, same as last year.
Of the 217 properties sold, 19 were short sales, selling from $242,000 to $750,000; 9 were foreclosed properties selling from $425,327 - $2,250,000. 13% of the Pinecrest sales were distressed sales (short sale/foreclosure), down 4% from last year. In Miami-Dade County approximately 50% of the single family home sales were distressed sales, down 8% from last year.
I hope you find this report interesting, and as always, if you have any questions, just feel free to give me a call ~ Marie
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