MARKET REPORT:

PINECREST LUXURY EDITION

0 - $499K

$500K - $949K

$950K - 999K

$1 MIL - $1.249

$1.25MIL - $1.499

$1.5MIL - $1.99MIL

$2MIL - $2.99MIL

$3MIL - $4MIL

$4MIL - $5MIL

FORSALE

4

9

29

10

14

12

16

16

5

UNDERCONTRACT

9

14

7

3

2

7

3

2

0

2014 YTD AVERAGE DAYS ON MARKET

94

106

64

139

72

65

193

170

151

2013 AVG PRICEPER SQFT

$199

$234

$245

$264

$273

$293

$330

$359

N/A

% CHANGE INPRICE / SQFT

24%

5%

6%

11%

12%

5%

6%

23%

N/A

# SOLD IN 2013

20

79

55

19

24

25

18

7

0

2014 YTD AVG PRICE PER SQFT

$247

$222

$259

$293

$307

$309

$349

$443

$450

# SOLD 2014 YTD

3

11

17

7

3

5

7

5

2

AVERAGE DAYS ON MARKET

CARRIE CAUSEY FOOTEcfoote@lowellinternationalrealty.com

786.837.3987

It’s an exciting time for real estate in Pinecrest! Home sales are on the rise and properties are steadily appreciating. You live in a luxury neighborhood, which calls for a specialized marketing & sales approach to help reflect the value of your home. See the other side of this Market Update to learn more about our team, sales approach and sophisticated marketing platform.

PRICE BAND

% OF SOLD PRICE TO ASKING PRICE: 2013

92%

HOW DOES YOUR PROPERTY COMPARE? FIND YOUR PRICE BAND

REAL ESTATE ACTIVITY

129FOR SALE

48UNDER CONTRACT

54SOLD IN Q1 2014

AVG PRICE PER SQFT: SOLD HOMES

1ST 1/2 2013

2014YTD

2ND 1/22012

2ND 1/22013

$300

$275

$250

$225

$200

$305

In Q1 2014, homes in Pinecrest are selling 24% faster than in Q1 of 2013.

Q1 2013 - 139 DAYS ON MARKET

Q1 2014 - 105 DAYS ON MARKET

6400 CHAPMAN FIELD DRIVEPINECREST | OFFERED AT: $999,000

CARRIE CAUSEY FOOTESALES ASSOCIATE

C: 786.837.3987 O: 305.520.5420cfoote@lowellinternationalrealty.com

A SAMPLING OF RECENT ACTIVITY

The information contained herein,while not guaranteed, has been secured from sources we believe to be reliable. The broker assumes no responsibility for corrections thereof. If you are working with a Realtor, this is not a solicitation. Data collected on April 20th 2014 from the multiple listing service.

1537 SAN REMO AVENUECORAL GABLES, FL 33146

P R S R T S T DU.S. POSTAGEP A I DM I A M I , F LPERMIT #3203

My team totaled $12 million in residential real estate sales in 2013 and we’re well on our way to surpassing this amount in 2014. We provide A-Z transaction management and our attention to detail is second to none. If you choose us to list your property, you’ll be provided with a custom and individualized marketing plan including:

15650 SW 83RD AVEPALMETTO BAY | SOLD FOR: $485,000

700 BILTMORE WAY #608CORAL GABLES | OFFERED AT: $799,000

4160 CRAWFORD AVECOCONUT GROVE | SOLD FOR: $1,265,000

11101 SW 71ST AVEPINECREST | SOLD FOR: $710,000

6640 SW 129TH TERPINECREST | SOLD FOR: $745,000

FOR SALE FOR SALE SOLD

SOLD SOLD SOLD

• High-end, custom marketing materials • A dedicated individual property website• Professional photography

• Interior design / staging consultation• Landscape design consultation• GOOD OLD FASHIONED HARD WORK!