WHAT IS GOING ON WITH THE PINECREST REAL ESTATE MARKET
Welcome to the Pinecrest Real Estate Market Report, your comprehensive guide to the latest trends and figures in this vibrant community. Today, we’ll dive into the numbers and analyze the list prices, sold prices, price per square foot, and units sold in Pinecrest.
Let’s start with June 2022. In this month, the list price for properties was $34,556,069.00, and the sold price reached an impressive $35,689,900.00. The average price per square foot was $412.08, and a total of 31 units were sold.
Moving on to July 2022, the list price dipped slightly to $24,600,899.00. However, the sold price remained strong at $24,068,900.00. With a price per square foot of $459.08, buyers were still eager to invest, resulting in 24 units sold.
As we progress through the year, August 2022 recorded a list price of $18,356,998.00, with a corresponding sold price of $17,484,999.00. The average price per square foot was $458.26, and 16 units found new owners.
In September 2022, the list price rose to $25,667,969.00. However, the sold price slightly decreased to $24,835,900.00. The price per square foot stood at $440.53, and a total of 22 units were sold.
October 2022 saw a list price of $21,395,900.00, with a sold price of $20,338,500.00. The price per square foot was $429.25, and 16 units exchanged hands.
November 2022 presented an opportunity for buyers with a list price of $9,826,499.00 and a sold price of $8,937,000.00. The price per square foot was relatively higher at $511.75, and 9 units were sold.
December 2022 showcased a list price of $16,333,550.00, and properties were sold at $15,484,900.00. With an average price per square foot of $455.56, 15 units found new owners.
As we enter 2023, January witnessed a list price of $9,278,300.00 and a sold price of $8,863,500.00. The price per square foot averaged at $409.93, and 9 units were successfully sold.
February 2023 displayed a list price of $15,831,800.00, while the sold price reached $14,807,400.00. The average price per square foot stood at $447.54, and 13 units found buyers.
In March 2023, the list price for properties was $19,094,739.00, with a corresponding sold price of $18,473,000.00. The average price per square foot was $420.20, and 22 units exchanged hands.
As we approach the end of our report, April 2023 displayed a list price of $33,661,699.00. Properties were sold at $31,720,000.00, resulting in an average price per square foot of $418.65. A total of 31 units were successfully sold.
May 2023 showcased a list price of $30,803,649.00 and a sold price of $29,240,500.00. With an average price per square foot of $449.05, 26 units found new owners.
Finally, in June 2023, the list price amounted to $20,621,700.00. The sold price stood at $19,491,000.00, with a price per square foot of $500.50. 16 units were successfully sold.
In summary, the Pinecrest real estate market showcased a range of prices and sales throughout the analyzed period. The total list price for all properties amounted to $280,029,771.00, with a total sold price of $269,435,499.00. The average price per square foot was $442.15, and a total of 250 units were successfully sold.
You can visit realtywonders.com/city/pinecrest and see the active properties available for sale today in the Village of Pinecrest.
Remember, these figures provide an overview of the market, but factors such as property features, location, and economic conditions should also be considered when evaluating real estate in Pinecrest. Thank you for joining us for this edition of the Pinecrest Real Estate Market Report and if you are considering that this message is not for you, please share it, perhaps would be very benefitial to a friend, family member or a neighbor.
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