Neighborhoods You’ll Love, Homes You’ll Cherish!

You’re invited to our Broker’s Open Houses this Wednesday, May 9 from 12:30 to 2:30. Enjoy the peace of mind that 3848 Utopia Court (3/3.5, 2,898 sf, $1,250,000,www.3848utopia.com) offers through the protection of private police patrol.Perhaps you’ll also like the family oriented environment that 490 Campana Avenue (5/3.5, 3,880 sf, $1,199,995, www.490Campana.com) enjoys within the sought after community of Hammock Oaks? You’re invited to preview both and join us for refreshments. We hope you will have the opportunity to take advantage of these unique opportunities!

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JO-ANN FORSTER 305.778.5555

BRIAN FORSTER SHAPIRO  305.978.8655

EWM REALTY INTERNATIONAL

Pinecrest Snapshot

The following chart summarizes market activity in Pinecrest for the period of April to September 2010. The amount of homes sold from April to September 2010 remained about the same 12 homes sold in April and 13 sold in September. Pending Sales dropped 38% from 24 Pending Sales in April to 15 Pending Sales in September. Average Days on Market decreased by 24% from 212 Days in April to 162 Days in September. Months of Inventory decreased 12% from 17 Months in April to 15 Months in September.

The average price per square foot sold increased 3% from $227/SqFt in April to $234/SqFt in September. The average sold price increased 10% from $959,000 in April to  $1,052,000 in September.

Versus a year ago, the amount of Active Listed Inventory has decreased 17% from 231 homes on the market in September 2009 to 192 on the market in September 2010. The amount of homes sold in September 2010 decreased by 38% from 21 homes in September 2009 to 13 homes sold September 2010. Pending Sales decreased 21% from 19 in September 2009 to 15 in September 2010. Average Days on Market decreased by 12% from 184 Days in September 2009 to 162 Days in September 2010. Months of Inventory, however, increased by 36% from 11 Months in September 2009 to 15 Months in September 2010.

The average price per square foot sold dropped slightly from $237/SqFt in September 2009 to $234/SqFt in September 2010. The average sold price decreased from $1,067,000 in September 2009 to  $1,052,000 in September 2010. The average asking price has also decreased from $1,637,000 in September 2009 to $1,581,000 in September 2010.

Call me today to add your home to the growing list of sale success stories in Pinecrest. I can be reached at 305.778.5555 or email joann@uniquehomesofmiami.com.

What’s Going On In The $1 Million Dollar Plus Market in Pinecrest?

This week the September market data was released. The Pinecrest $1 Million Dollar Plus market has experienced a decline in inventory – 23% down from September a year ago and down 5% from August. This means there are fewer of these homes available on the market. At the same time, the amount of pending sales has increased 14% from September a year ago and doubled from 4 pending sales in August to 8 pending sales in September.

The average sold price in September was $1,775,000, a decrease of 6.7% from $1,902,000 September a year ago. Sold price increased 30% from $1,366,000 in August to $1,775,000 in September.

Please contact me if you are interested in selling or buying in Pinecrest or if you have any questions on the real estate market.

Also, Be sure to take a look at some great homes I have listed for sale in Pinecrest.

Village of Pinecrest

Pinecrest was incorporated on March 12, 1996, but has a history dating back to the 1950s when land was plentiful. The spacious, rural atmosphere makes this neighborhood extremely desirable and is one of the thirty municipalities in Miami-Dade County, Florida.  There are approximately 20,000 residents living in the Village of Pinecrest located 15 miles south of downtown Miami and five miles from the Miami International Airport.  The homes in Pinecrest range in prices starting at $350,000 to $2,500,000.  Pinecrest is also recognized for the five highly regarded public schools and private academies attracting professional families to the area.  Pinecrest is a unique community with a hometown suburban atmosphere and an urban Miami lifestyle. In the 1990’s, Pinecrest had an increase demand of professionals, entrepreneurs and managers due to its convenient commuting location.  Pinecrest since then has become one of the most attractive residential areas in South Florida with lovely tree lined streets, enormous estates and sizeable lots.  The affluent neighborhood also has a low crime rate and is governed by a five member Council operated under the Council Manager form of government.  Helpful departments in the community include the Office of the Village Manager, Office of the Village Clerk, Finance Department Building, Planning and Zoning Department, Public Works and Parks Department and Police Department.  Pinecrest, which lies west and south of Coral Gables, consists of over 300 businesses along the western boundary of South Dixie Highway (US-1) where residents and visitors can choose from a variety of restaurants and shops including the Sunniland retail-shopping district and the upscale Falls Shopping Mall.

Read up on Homes I have for sale in Pinecrest or visit http://www.PinecrestHouses.com.

Abundant in Classic Comfort

Located on one of Pinecrest’s most sought after streets. Featured in Florida Architecture Magazine and abundant in classic comfort. Magnificent grounds complete with a romantic Loggia, Formal Gardens, heated 50 ft. Pool, Koi Pond, and antique Gazebo. Dramatic two story Living Room with large windows. The Family Room was designed for relaxation. Grand Dining Room for large or intimate meals. The Master Suite occupies the first floor and is your own personal paradise. Do not miss this special opportunity!

For more information and photos visit http://www.9320sw61.com.

French Inspired Custom Home

This is an Architect’s French inspired custom home built in 2005. Beautiful iron gates open to a long brick winding driveway. A blend of tradition and modernity create a wonderful place to call home. The Main House includes 5 Bedrooms, Library, 2 Family Rooms, and a Playroom. Separate Guest House. Beautiful stone floors, groined ceilings, custom millwork and two Fireplaces create a perfect canvas for your own special taste. 40 ft Pool. N/S Tennis Court. Great street in a special North Pinecrest location.

For more information and photos visit http://www.6454sw102.com.