2007 VS 2008

In Pinecrest in 2007 there were 150 listed properties sold with an average sale price of $1,454,808. In 2008 there were 136 listed properties sold with an average sale price of $1,116,094. As we all know, real estate is very local. In Miami-Dade County during the same time period there was a decline in sales price of 41%, while here in Pinecrest our decline was approximately 23%. Pinecrest continues to be a very desirable area making it a very good investment.