pinecrest homes for sale: Pinecrest Real Estate February 2017 - 03/25/17 01:19 PM
Pinecrest Real Estate Facts and Trends For February 2017The Pinecrest Market during the month of February had a similar amount of sales activity as the month of January.  [See more about January 2017 here].  The month ended with 17 closed sales, 30 new listings and 12 pending sales.
The market continues to rack up million dollar plus inventory.  76% of all listings in Pinecrest are priced at $1,000,000 or more.  Currently, there are more than 220 homes for sale.
February Closed Sales
 
The average sale price per square foot of the 17 closed sales in February was $270.  That is a 13% decrease from … (0 comments)

pinecrest homes for sale: Pinecrest Real Estate Report January 2017 - 03/24/17 02:17 AM
Pinecrest home sellers it is time for a conversation on pricing.  The Pinecrest real estate market has over 200 homes for sale at the moment.  More than 150 of those listing are luxury properties priced above $1,000,000.  The months of supply, the number one metric in real estate, based on January’s sales is 11 months.  The supply is even greater for the luxury market with 14 months of supply.
A preferable range of available inventory is 6 to 9 months.  In Pinecrest, over the past 14 months, the available months of supply has not dropped below 9 months.  There is no shortage … (2 comments)

 
Adrian Foley, Miami Real Estate Advisor (Compass Florida, LLC )

Adrian Foley

Miami Real Estate Advisor

Coral Gables, FL

More about me…

Compass Florida, LLC

Address: 12751 S Dixie Highway, Pinecrest, FL, 33156

Mobile: (305) 281-1377

Office: (305) 250-2447



Links

Archives

RSS 2.0 Feed for this blog