Pinecrest Market Report for 1st. Quarter 2016

There are currently 194 active listings in Pinecrest with a price range between $448,000 – $5,999,999.

19 Single family homes are under contract waiting to close.

With a price range between $512,000 – $1,650,000, 15 homes sold in March 2016 what takes us to a total of 37 closed sales in first quarter of 2016, compared to 43 closed sales in first quarter of 2015.

The average price for closed sales were $321/sf in first quarter of the year, which is higher than the $286/sf in first quarter of 2015.

The month of Inventory for March 2016 was 12.1 months based on closed sales and  9.5 months based on homes under contract.

6200 SW 132 ST was sold on March 10th. Asking price was $1,950,000 but the deal closed at $1,650,000.

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What has sold in Pinecrest in the month of March:

Closed sale:                        SqFt            Lot        List price   Sales price  Sold $/sf    DOM

Screenshot - 4_13_2016 , 9_03_19 PM

 

My Peacock Homes is your local neighborhood real estate professionals, and we can assist you with any real estate needs. Contact us anytime if you would like a FREE home evaluation, or if you are looking to buy, sell or rent your property.

We are proud to be a part of EWM Realty International, South Florida’s Leader in Luxury Real Estate and an affiliate with Christie’s International Real Estate.

Lisbeth Petersen – 305 775 3500