Hello Pinecrest Neighbors,
Hope everyone is well as the summer comes to an end.
Hard to believe some of our students have already started school, and fall is around the corner.
On a Real Estate note, Pinecrest activity remains on a positive trend.
Q2 Sales reflected a +7% increase vs. last year despite COVID. July Sales show a more promising + 63% vs. last year, and a cumulated + 14% for January to July 2020 Sales vs 2019.
Pinecrest + 14%
Coconut Grove -16%
Florida is very appealing to Out of State Buyers who pay high real estate taxes and State income tax. A
Forbes study revealed that
270 New Yorkers have been moving to Florida every day since the pandemic!
In addition to the Sunshine State Taxes, Weather, Beaches and Culture, our suburban tree city offers Space and Fabulous Schools in a Village where Neighbors become Friends.
Pinecrest is a Lifestyle.
People are valuing space, their home and their backyard more than ever.
Inventory is -32% vs last July. There are on average 5 months of inventory and under 12, it is a Seller’s market.
Now is the time to list your home if you are thinking of selling!
We are a phone call away to answer any of your Real Estate questions, to help you find solutions and look at options during this crisis.
Please feel free to reach out.