Pinecrest 2012 Real Estate Market Report

By
Real Estate Agent with Coldwell Banker - Pinecrest (Miami) Broker 3058544
https://activerain.com/droplet/P7H

Pinecrest 2012 Real Estate Market Report

 

 

2012

Homes Sold

Lowest Sales Price

Highest Sales Price

Homes For Sale

Months

Of

Inventory

Jan

14

$348,500

$1,800,000

152

11

Feb

13

$438,950

$1,715,000

157

12

Mar

11

$395,000

$  874,000

168

15

April

14

$267,000

$2,110,000

149

11

May

28

$242,000

$2,637,500

148

5

June

24

$425,000

$2,625,000

137

6

July

19

$280,000

$2,250,000

134

7

Aug

20

$290,000

$3,000,000

121

6

Sept

8

$220,000

$2,161,500

112

14

Oct

24

$300,000

$4,500,000

112

5

Nov

22

$465,000

$4,300,000

110

5

Dec

19

$400,000

$3,200,000

113

6

 

Our market has bounced back!  Although many factors affect pricing, inventory is key.  A balanced market will have 5-6 months of inventory, less than that the market is appreciating, more its depreciation.  Inventory in Pinecrest was once at a high of 31 months; we’re now down to a balanced market - and this is good for all of us!

If you are thinking of selling, or have any questions, as always, just feel free to give me a call. ~ Marie


 

 

Posted by

Marie StoryMarie StoryMarie Story QR Code

Broker Associate, ABR,CIPS,GRI,TRC        

Celebrating My 23rd Year in Real Estate

Coldwell Banker 

12651 Pinecrest Parkway (US1)

Pinecrest (Miami), FL 33156

305-776-0010

Pinecrest Florida   ~ My Website   ~   Pinecrest Homes For Sale

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Marie Story

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