Pinecrest – October, 2018 Market Snapshot Posted on October 16, 2018 by Michael Light The October, 2018 Market Snapshot for the city of Pinecrest apprises you of current market statistics for real estate in Pinecrest including properties that are currently listed for sale and properties that have sold in the last six (6) months. If you are considering purchasing real estate in Pinecrest or selling your home in this neighborhood, it is important for you to be fully informed on the present state of the market with regards to price and more specifically, price per square foot. So, I have compiled statistics from the Multiple Listing Service (the “MLS”) regarding the inventory of single-family homes that are currently listed for sale in Pinecrest. Below, you will find charts highlighting the percentage of homes that are on the market in certain price points and the average price per square foot of these homes listed for sale at this time. After looking at what is currently on the market, most people ask, “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Pinecrest over the past 6 months, broken down by price per square foot. Pinecrest Single-Family Homes Currently For Sale (as of 10/16/2018) Pinecrest Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 10/16/2018) Pinecrest Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 10/16/2018) If you are interested in selling your home in Pinecrest, purchasing a home in Pinecrest or simply would like more information about the overall real estate market, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on October 16, 2018.
Pinecrest – June, 2018 Market Snapshot Posted on June 23, 2018 by Michael Light The June, 2018 Market Snapshot for the city of Pinecrest apprises you of current market statistics for real estate in Pinecrest including properties that are currently listed for sale and properties that have sold in the last six (6) months. If you are considering purchasing real estate in Pinecrest or selling your home in this neighborhood, it is important for you to be fully informed on the present state of the market with regards to price and more specifically, price per square foot. So, I have compiled statistics from the Multiple Listing Service (the “MLS”) regarding the inventory of single-family homes that are currently listed for sale in Pinecrest. Below, you will find charts highlighting the percentage of homes that are on the market in certain price points and the average price per square foot of these homes listed for sale at this time. After looking at what is currently on the market, most people ask, “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Pinecrest over the past 6 months, broken down by price per square foot. Pinecrest Single-Family Homes Currently For Sale (as of 06/23/2018) Pinecrest Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 06/23/2018) Pinecrest Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 06/23/2018) If you are interested in selling your home in Pinecrest, purchasing a home in Pinecrest or simply would like more information about the overall real estate market, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on June 23, 2018.
Pinecrest – March, 2018 Market Snapshot Posted on March 4, 2018 by Michael Light The March, 2018 Market Snapshot for the city of Pinecrest apprises you of current market statistics for real estate in Pinecrest including properties that are currently listed for sale and properties that have sold in the last six (6) months. If you are considering purchasing real estate in Pinecrest or selling your home in this neighborhood, it is important for you to be fully informed on the present state of the market with regards to price and more specifically, price per square foot. So, I have compiled statistics from the Multiple Listing Service (the “MLS”) regarding the inventory of single-family homes that are currently listed for sale in Pinecrest. Below, you will find charts highlighting the percentage of homes that are on the market in certain price points and the average price per square foot of these homes listed for sale at this time. After looking at what is currently on the market, most people ask, “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Pinecrest over the past 6 months, broken down by price per square foot. Pinecrest Single-Family Homes Currently For Sale (as of 03/02/18) Pinecrest Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 03/02/18) Pinecrest Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 03/02/18) If you are interested in selling your home in Pinecrest, purchasing a home in Pinecrest or simply would like more information about the overall real estate market, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on March 2, 2018.
Pinecrest – November, 2017 Market Snapshot Posted on November 11, 2017 by Michael Light The November, 2017 Market Snapshot for the city of Pinecrest apprises you of current market statistics for real estate in Pinecrest including properties that are currently listed for sale and properties that have sold in the last six (6) months. If you are considering purchasing real estate in Pinecrest or selling your home in this neighborhood, it is important for you to be fully informed on the present state of the market with regards to price and more specifically, price per square foot. So, I have compiled statistics from the Multiple Listing Service (the “MLS”) regarding the inventory of single-family homes that are currently listed for sale in Pinecrest. Below, you will find charts highlighting the percentage of homes that are on the market in certain price points and the average price per square foot of these homes listed for sale at this time. After looking at what is currently on the market, most people ask “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Pinecrest over the past 6 months, broken down by price per square foot. Pinecrest Single-Family Homes Currently for Sale (as of 11/09/2017) Pinecrest Single-Family Homes Currently for Sale – Average Price Per Square Foot (as of 11/09/2017) Pinecrest Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 11/09/2017) If you are interested in selling your home in Pinecrest, purchasing a home in Pinecrest or simply would like more information about the overall real estate market, please contact Michael Light, Senior Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on November 9, 2017
Pinecrest – September, 2017 Market Snapshot Posted on September 25, 2017 by Michael Light The September, 2017 Market Snapshot for the city of Pinecrest apprises you of current market statistics for real estate in Pinecrest including properties that are currently listed for sale and properties that have sold in the last six (6) months. If you are considering purchasing real estate in Pinecrest or selling your home in this neighborhood, it is important for you to be fully informed on the present state of the market with regards to price and more specifically, price per square foot. So, I have compiled statistics from the Multiple Listing Service (the “MLS”) regarding the inventory of single-family homes that are currently listed for sale in Pinecrest. Below, you will find charts highlighting the percentage of homes that are on the market in certain price points and the average price per square foot of these homes listed for sale at this time. After looking at what is currently on the market, most people ask “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Pinecrest over the past 6 months, broken down by price per square foot. Pinecrest Single-Family Homes Currently For Sale (as of 9/22/17) Pinecrest Single-Family Homes Currently For Sale – Average Price Per Square Foot (as of 9/22/17) Pinecrest Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot (as of 9/22/17) If you are interested in selling your home in Pinecrest, purchasing a home in Pinecrest or simply would like more information about the overall real estate market, please contact Michael Light, Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on September 22, 2017
Thursday Throwdown: Coral Gables vs. Pinecrest Single-Family Homes Posted on August 10, 2017 by Michael Light Coral Gables and Pinecrest are two highly-sought-after, family-friendly cities that both offer beautiful single-family homes, excellent schools, plenty of shopping and a true variety of restaurants. Despite many differences, Coral Gables and Pinecrest share many similar attributes, which is why a lot of families moving to South Florida compare these 2 cities when deciding where to call home. So, let’s look at the numbers to compare how the single-family home market in Coral Gables currently compares to the single-family home market in Pinecrest…numbers don’t lie. Available Waterfront Single-Family Home Inventory At this time, Coral Gables has 72 waterfront single-family homes listed for sale with an average list price of $6,939,114 and an average list price per square foot of $953.55. In Pinecrest, there are presently 12 waterfront single-family homes for sale (canal/lagoon) with an average list price of $1,385,219 and an average price per square foot of $365.66. Coral Gables Waterfront Single-Family Home Inventory Total Waterfront Homes Available: 72 Average List Price: $6,939,114 Average List Price Per Square Foot: $953.55 Pinecrest Waterfront Single-Family Home Inventory (canal/lagoon) Total Waterfront Homes Available: 12 Average List Price: $1,385,219 Average List Price Per Square Foot: $365.66 Available Non-Waterfront Single-Family Home Inventory To date, Coral Gables has 288 non-waterfront single-family homes listed for sale with an average list price of $1,631,904 and an average list price per square foot of $458.94. In Pinecrest, there are currently 206 non-waterfront single-family homes for sale with an average list price of $2,328,442 and an average price per square foot of $410.89. Coral Gables Non-Waterfront Single-Family Home Inventory Total Non-Waterfront Homes Available: 288 Average List Price: $1,631,904 Average List Price Per Square Foot: $458.94 Pinecrest Non-Waterfront Single-Family Home Inventory Total Non-Waterfront Homes Available: 206 Average List Price: $2,328,442 Average List Price Per Square Foot: $410.89 Single-Family Waterfront Homes Closed in the Last 6 Months In the last 6 months, 24 waterfront single-family homes have sold in Coral Gables with an average sales price of $5,098,137 and an average price per square foot of $694.41. Pinecrest has seen only 6 sales of waterfront single-family homes in the last 6 months with an average sales price of $1,430,833 and an average price per square foot of $359.32. Coral Gables Waterfront Single-Family Homes Closed in Last 6 Months Total Waterfront Homes Closed in Last 6 Months: 24 Average Sales Price: $5,098,137 Average Sales Price Per Square Foot: $694.41 Pinecrest Waterfront Single-Family Homes Closed in Last 6 Months Total Waterfront Homes Closed in Last 6 Months: 6 Average Sales Price: $1,430,833 Average Sales Price Per Square Foot: $359.32 Single-Family Non-Waterfront Homes Closed in the Last 6 Months In the last 6 months, 281 non-waterfront single-family homes have sold in Coral Gables with an average sales price of $957,918 and an average price per square foot of $372.54. Pinecrest has seen 94 sales of non-waterfront single-family homes in the last 6 months with an average sales price of $1,380,451 and an average price per square foot of $319.79. Coral Gables Non-Waterfront Single-Family Homes Closed in Last 6 Months Total Non-Waterfront Homes Closed in Last 6 Months: 281 Average Sales Price: $957,918 Average Sales Price Per Square Foot: $372.54 Pinecrest Non-Waterfront Single-Family Homes Closed in Last 6 Months Total Non-Waterfront Homes Closed in Last 6 Months: 94 Average Sales Price: $1,380,451 Average Sales Price Per Square Foot: $319.79 Coral Gables & Pinecrest Single-Family Home Months of Inventory Coral Gables & Pinecrest Waterfront Single-Family Homes Coral Gables: 18 Months of available inventory Pinecrest: 12 Months of available inventory Coral Gables & Pinecrest Non-Waterfront Single-Family Homes Coral Gables: 6 Months of available inventory Pinecrest: 13 Months of available inventory Interested in the South Florida Real Estate Market??? If you, or someone you know, would like more information about the real estate markets in Coral Gables and/or Pinecrest, please contact Michael Light, Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell phone at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The information contained herein was retrieved from the Multiple Listing Service (MLS) on August 9, 2017, and is intended for informative purposes only and, thus, should not be relied upon.
Pinecrest – July, 2017 Market Snapshot Posted on July 11, 2017August 4, 2017 by Michael Light The July, 2017 Market Snapshot for the city of Pinescrest apprises you of current market statistics for real estate in Pinecrest including properties that are currently listed for sale and properties that have sold in the last six (6) months. If you are considering purchasing real estate in Pinecrest or selling your home in this neighborhood, it is important for you to be fully informed on the present state of the market with regards to price and more specifically, price per square foot. So, I have compiled statistics from the Multiple Listing Service (the “MLS”) regarding the inventory of single-family homes that are currently listed for sale in Pinecrest. Below, you will find charts highlighting the percentage of homes that are on the market in certain price points and the average price per square foot of these homes listed for sale at this time. After looking at what is currently on the market, most people ask “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Pinecrest over the past 6 months, broken down by price per square foot. Pinecrest Single-Family Homes Currently For Sale as of July 11, 2017 Pinecrest Single-Family Homes Currently For Sale – Average Price Per Square Foot as of July 11, 2017 Pinecrest Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot as of July 11, 2017 If you are interested in selling your home in Pinecrest, purchasing a home in Pinecrest or simply would like more information about the overall real estate market, please contact Michael Light, Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on July 11, 2017
Pinecrest – May, 2017 Market Snapshot Posted on May 11, 2017August 4, 2017 by Michael Light The Pinecrest May, 2017 Market Snapshot gives you up-to-date market statistics for real estate in Pinecrest including current properties listed for sale and closed sales in the last six (6) months. If you are considering selling your home or purchasing real estate in Pinecrest, it is important for you to be informed on the current state of the market with regards to price. So, I have compiled statistics from the MLS regarding the inventory of single-family homes that are currently listed for sale in Pinecrest. Below, you will find charts highlighting the percentage of homes that are currently on the market in certain price points and the average price per square foot of these homes currently listed for sale. After looking at what is currently on the market, most people ask “what will these homes actually sell for?!” The best indicator of what a home may sell for in the current market is to look at the closed sales in the area over the last 6 months. This will give you a good indication of the “discount” that you may be able to expect if you plan to buy a home today. So, I have also included a graph showing all closed sales in Pinecrest over the past 6 months, broken down by price per square foot. Pinecrest Single-Family Homes Currently For Sale as of 5/9/17 Pinecrest Single-Family Homes Currently For Sale – Average Price Per Square Foot as of 5/9/17 Pinecrest Single-Family Homes Closed Sales – Last 6 Months – Average Price Per Square Foot as of 5/9/17 If you are interested in purchasing a home in Pinecrest, or simply would like more information about the Pinecrest real estate market, please contact Michael Light, Director of Luxury Sales at Douglas Elliman Real Estate. You may reach Michael directly at his office at (305) 350-9842, on his cell at (786) 566-1700 or via email at michael@miamiluxuryhomes.com. Note: The MLS data for the information contained herein was retrieved from the MLS on May 9, 2017