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Below, you will find data for Palmetto Bay, Pinecrest and Coral Gables.  For each municipality, I show the monthly home sales/inventory levels and average price per square foot.  Using these measurements, one can easily see which way the market is moving.

If you want more specific analysis or want data from another area of Miami, please contact me.  I'd be glad to share whatever information you desire.

Palmetto Bay, FL Single Family Home Sales

MiamiHal's Analysis of the numbers show a very drastic decrease in inventory while the number of homes sold and pending starting to shore up.  This seems to indicate a leveling of the market and signals that this is a great time to be buying into this wonderful South Florida community.

Palmetto Bay, FL Price Per Square Foot

MiamiHal's analysis indicates that over the past year Palmetto Bay has weathered a tough market rather well.  Over the past quarter, the trend is an increase in home value.  This speaks volumes to the quality of Palmetto Bay real estate.

Pinecrest, FL Single Family Home Sales

MiamiHal's analysis shows that inventory levels are trending down for Pinecrest.  Being an exclusive neighborhood, available housing is usually low compared to market and that is still the case here. One of the reasons for inventory decrease is that many in Pinecrest are accepting lower bids to sell.  Take advantage!

Pinecrest, FL Price Per Square Foot

MiamiHal's analysis shows that Pinecrest continues to enjoy a strong premium for living in this prestigious community.  The market-defying SLIGHT decrease seen over the past year is likely the result of short sales and foreclosures.  Now is a great time to be moving into Pinecrest.

Coral Gables, FL Single Family Home Sales

MiamiHal's analysis shows that Coral Gables inventory levels are trending down.  Being an exclusive neighborhood, available housing is usually low compared to market and that is still the case here. One of the reasons for inventory decrease is that owners in Coral Gables are accepting lower bids to sell.  Take advantage!

Coral Gables, FL Price Per Square Foot

MiamiHal's analysis shows that Coral Gables continues to enjoy a strong premium for living in this prestigious community.  The market-defying SLIGHT decrease seen over the past year is likely the result of short sales and foreclosures.  Now is a great time to be moving into Coral Gables.