Pinecrest, FL Real Estate News

By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Track or Treat in Pinecrest! Evelyn Greer Park 8200 SW 124th Street, Pinecrest, FL Wednesday, October 31, 2012 5:00 pm – 7:00 pm Children need to bring their own bags for collecting candy and must also be accompanied by an adult. This is a Free Family Event!    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.   2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 14 $348,500 $1,800,000 $657,500 152 38 11 Feb 13 $438,950 $1,715,000 $715,000 157 41 12 Mar 11 $395,000 $874,000 $585,000 168 47 15 April 14 $267,000 $2,110,000 $1,500,000 149 59 11 May 27 $242,000 $2,550,000 $729,000 148 49 5 June 23 $425,000 $2,625,000 $745,000 137 53 6 July 19 $280,000 $2,250,000 $777,500 134 46 7 Aug 20 $290,000 $3,000,000 $783,000 121 44 6 Sept 8 $220,000 $2,161,500 575,000 112 56 14 For your Free Market Analysis in Pinecrest ~ give me a call.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
  We are once again seeing, in significant numbers, new home construction in Pinecrest Florida. According to the Pinecrest building and planning department, new home construction permits have been on the rise. As I drove through Pinecrest this week I decided to take photographs of some of the beautiful new construction I passed by.                           As you can see there is a variety of styles and sizes under construction. Some of these homes are being custom built for a specific client others are on the market for sale. Of those that are for sale, they range from a 5,000 s.f. home on a 15,000 s.f. lot for $1,690,000 to a 9,360 s.f. home on a 40,336 s.f. lot for $3,799,000.   Pinecrest is the market I specialize in; so if you are interested in a new home in Pinecrest – just give...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.   2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 14 $348,500 $1,800,000 $657,500 152 38 11 Feb 13 $438,950 $1,715,000 $715,000 157 41 12 Mar 11 $395,000 $874,000 $585,000 168 47 15 April 14 $267,000 $2,110,000 $1,500,000 149 59 11 May 27 $242,000 $2,550,000 $729,000 148 49 5 June 23 $425,000 $2,625,000 $745,000 137 53 6 July 19 $280,000 $2,250,000 $777,500 134 46 7 Aug 20 $290,000 $3,000,000 $783,000 121 44 6 For your Free Market Analysis in Pinecrest ~ give me a call.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 14 $348,500 $1,800,000 $657,500 152 38 11 Feb 13 $438,950 $1,715,000 $715,000 157 41 12 Mar 11 $395,000 $874,000 $585,000 168 47 15 April 14 $267,000 $2,110,000 $1,500,000 149 59 11 May 27 $242,000 $2,550,000 $729,000 148 49 5 June 23 $425,000 $2,625,000 $745,000 137 53 6 July 19 $280,000 $2,250,000 $777,500 134 46 7   For your Free Market Analysis in Pinecrest ~ give me a call.    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
The Pinecrest Florida real estate market has been quite stable these past few months and has shown improvement over last year.  At the mid-year point there were 103 homes sold compared to 93 last year; 13 were short sales or foreclosures compared to 20 last year during the same period.  The average time on the market this year was 121 days, last year 152.   Currently properties in Pinecrest priced correctly for their location and condition are selling.  Many of us are experiencing more Buyer demand than there is inventory to show.  If you’re thinking of selling, give me a call, NOW is the time to get your property on the market and let’s get it SOLD!   If you have any real estate questions, please feel free to give me a call ~ Marie    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Months Of Inventory Jan 14 $348,500 $1,800,000 $657,500 152 38 11 Feb 13 $438,950 $1,715,000 $715,000 157 41 12 Mar 11 $395,000 $874,000 $585,000 168 47 15 April 14 $267,000 $2,110,000 $1,500,000 149 59 11 May 27 $242,000 $2,550,000 $729,000 148 49 5 June 23 $425,000 $2,625,000 $745,000 137 53 6   For your Free Market Analysis in Pinecrest ~ give me a call.      
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Jan 14 $348,500 $1,800,000 $657,500 152 38 Feb 13 $438,950 $1,715,000 $715,000 157 41 Mar 11 $395,000 $874,000 $585,000 168 47 April 14 $267,000 $2,110,000 $1,500,000 149 59 May 27 $242,000 $2,550,000 $729,000 148 49   For your Free Market Analysis in Pinecrest ~ give me a call.        
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2012 Homes Sold Lowest Sales Price Highest Sales Price Median Sold Price Homes For Sale Homes Under Contract Jan 14 $348,500 $1,800,000 $657,500 152 38 Feb 13 $438,950 $1,715,000 $715,000 157 41 Mar 11 $395,000 $874,000 $585,000 168 47 April 14 $267,000 $2,110,000 $1,500,000 149 59   For your Free Market Analysis in Pinecrest ~ give me a call.        
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Last night was the Graduation Party for the inaugural class of the Pinecrest Citizens Academy.  There were 11 members of this inaugural class, we met every Tuesday evening for 5 sessions; we all felt our time was very well spent.  I personally enjoyed and learned something new in each and every session.  It was very interesting to learn how the revenue is collected and disbursed, how the village council operates, the processes in the building, planning and public works departments, all the activities going on in the parks and gardens, and getting a very up close and personal behinds the scene tour of the police department.  Each department head did a great job in presenting their information and in answering questions during the class discussion times. Councilmembers joined Mayor Cindy ...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Earth Day Festival at Pinecrest Gardens Sunday, April 15th  ~  10:30 am  -  6:00 pm This is a FREE event open to all! Native plants workshops and kids planting activities  ~  “Green” puppet shows  ~  food demos  ~  eco-arts and crafts  ~  eco-fashion show  ~  green vendors  ~  wild life shows  ~  live bands and so much more. The Earth Day Festival comes to a wonderful conclusion with a very special performance by the Greater Miami Youth Symphony & Jazz Band at 5:00 p.m. in the Banyan Bowl.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.       2012 Homes Sold Lowest Sales Price Highest Sales Price Homes For Sale Homes Under Contract Jan 14 $348,500 $1,800,000 152 38 Feb 13 $438,950 $1,715,000 157 41 Mar 10 $395,000 $874,000 168          47     For your Free Market Analysis in Pinecrest ~ give me a call.      
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
What you pay for your property taxes is based on the area’s millage rate.  The property tax is calculated by multiplying the assessed value of the property by the area’s millage rate.  Every once in a while I’ll hear someone say they can’t buy in Pinecrest Florida because the taxes are too high.  In reality, the millage rate in Pinecrest is one of the lowest around. Let’s say you move to Florida and buy a $500,000 home and you apply for your Homestead Exemption.  Using the Dade County Tax Estimator, your property taxes would be in: Pinecrest $8,709 Coral Gables $9,252 Palmetto Bay $8,820 Miami Beach $9,515 Unincorporated Miami-Dade County $8,622 When you are buying a property, it is important to compare millage rates in the areas you are considering.  But, as we have always known about ...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.     2012 Homes Sold Lowest Sales Price Highest Sales Price Homes For Sale Homes Under Contract Jan 14 $348,500 $1,800,000 152 38 Feb 10 $450,000 $1,715,000 157 41     For your Free Market Analysis in Pinecrest ~ give me a call.    
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
The Pinecrest Citizen Academy is a great way for Pinecrest Florida residents to learn more about their municipal government and how municipal operations affect the quality of life in the Village of Pinecrest.  The academy will be held from March 13th – April 17th, every Tuesday from 7:00pm – 8:30pm.  Applications are considered on a first-come, first-served basis.  Session 1 – Orientation / Budget / Finance Session 2 – Village Council / Administration / Legal Session 3 – Building / Planning / Zoning / Code Compliance / Public Works Session 4 – Parks / Recreation / Pinecrest Gardens Session 5 – Police Session 6 – Graduation For more information call the Village of Pinecrest office at 305-234-2121.
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest Florida Real Estate Sales Transactions The Village of Pinecrest Florida is a beautiful eight square mile city within Miami-Dade County.    2012 Homes Sold Lowest Sales Price Highest Sales Price Pinecrest Homes For Sale Homes Under Contract Jan 14 $348,500 $1,800,000 152 38   For your Free Market Analysis in Pinecrest ~ give me a call.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
As you can see from this six-year history of key real estate statistics, the Pinecrest Florida real estate market, the market in which I specialize in, was pretty stable 2011.   Sold Price Range 2006 2007 2008 2009 2010 2011 <599,999 7 5 26 67 61 70 600,000 – 650,999 6 7 9 13 15 18 651,000 – 699,999 9 8 5 4 8 12 700,000 – 750,999 8 11 8 11 11 5 751,000 – 799,999 9 8 8 6 6 6 800,000 – 850,999 11 6 8 12 9 8 851,000 – 899,999 10 9 7 4 3 2 900,000 – 950,999 6 6 6 4 5 11 951,000 – 999,999 11 3 5 0 1 0 1M – 1.5M 45 36 28 27 31 26 1,500,001 – 1,999,999 17 18 8 18 19 11 2M – 2.5M 12 12 11 7 8 11 2,500,001 – 2, 999,999 7 5 3 4 3 4 3M – 3.5M 6 12 2 3 8 1 3,500,001 – 3,999,999 2 2 1 2 1 0 4M -  4.5M 0 2 1 0 0 2 4.500,001 – 4,999,999 0 0 0 0 0 0 Over 5M 1 0 0 0 0 0 Total Number of Sales 167 150 136...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest FL Real Estate Sales Transactions – December 2011 10 homes sold in Pinecrest in December. The lowest closed sale price was $451,050 and the highest was $2,300,000. As of December 31st  there were 151 Pinecrest FL homes for sale with 35 homes under contract pending sale. For your Free Market Analysis in Pinecrest ~ give me a call.  
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Pinecrest is best in South Florida for quality of life. South Florida Business Journal by Kevin Gale, Editor in Chief Date: Tuesday, December 6, 2011, 2:38pm EST Pinecrest, Key Biscayne, Parkland, Coral Gables and Weston are among the 10 best places in Florida when it comes to quality of life, according to a new On Numbers analysis by The Business Journals. The 20-part rating formula includes strong economic bases, housing stocks and effective educational systems. No major city factored in the top 10 of the index for Florida.  Weston, with a population of 64,148, was the largest city. Pinecrest, which ranked second statewide behind Central Florida's Lake Butler, has a median household income of $107,756 and a 2.34 percent unemployment rate for those ages 25 to 64.  The median housing va...
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By Marie Story, Broker Associate, Pinecrest (Miami) Specialist
(Coldwell Banker - Pinecrest (Miami))
Latin Spice – The Hottest Food Festival in Town! Saturday, December 10, 2011  Pinecrest Gardens ~ 11000 SW 57th Avenue, Pinecrest (Miami) Florida   Latin Spice Festival Part 1: Noon - 6:00 p.m. 25 booths featuring delicious Latin Cuisine (Cuba, Mexico, Brazil, Puerto Rico, Nicaragua, Venezuela, Colombia, etc) Wine and Spirits from Latin America Shop the colorful displays of arts and crafts Enjoy a day of music, dancing and entertainment Play dominos Cigar Rolling Best Dish in Show Competition General admission $5  ~  Children 12 and under free   Latin Spice Part 2: 6:30 p.m. ~ ?  Chino Nuñez Orchestra "In the Spirit of Salsa"    Party On ~ Hot Dancers and Hotter Music ~ Bring Comfortable Shoes!  The evening heats up as Grammy Award Winner, “Chino” Nuñez and his Salsa Band set the state ...
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