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The 2025 Pinecrest Real Estate Report | A Midyear Review for Buyers and Sellers
The first half of 2025 presents a distinct shift in the Pinecrest single-family home market. While overall sales volume declined across all price brackets, the fundamentals of the Pinecrest market remain solid. Buyers now benefit from increased leverage due to longer days on market and more selective purchase behavior, while sellers with well-presented, realistically priced homes still see success.
This report analyzes each price bracket in depth—highlighting year-over-year performance, pricing trends, buyer psychology, and inventory movement. With new highs reached in 2024 and stable activity in 2025, Pinecrest remains one of Miami’s premier residential markets.
Pinecrest Housing Data | January-May 2024 vs January-May 2025
$1M-$3M | Change | $3M-$6M | Change | $6M-$10M | Change | $10M+ | Change | |
Sales Volumes | 40 -> 33 | -17.5% | 26->21 | -19.2% | 6->5 | - 16.7% | 2->3 | +50% |
Price per SF | $822 ->$786 | -4.4% | $819->$848 | +3.5% | $1,067->$1,024 | - 4.0% | $1,254->$1,201 | -4.2% |
Median Days on Market | 54->67 | +24.1% | 132->182 | +38% | 182->350 | +92.3% | 359->431* | +20.1% |
Ratio Sales Price to Original List Price | 95%->95% | - | 96% ->91% | -5.2% | 96%->91% | -5.2% | 90%->95% | +5.6% |
Months of Inventory | 4.5 -> 7.3 | +62.2% | 9-> 12 | +33% | 26 -> 31 | + 19.2% | 14 -> 36 | +157% |
*Note: One 2025 sale was under construction and on market for 768 days, skewing the average. |
$10M+: Luxury without Compromise
While sales rose from 2 to 3 (+50%), the data set is small and skewed by one listing that sat on the market for over 768 days. Median DOM climbed from 359 to 431 days (+20.1%), and price per square foot fell slightly from $1,254 to $1,201 (-4.2%). Inventory exploded from 14 to 36 months (+157%).
The ultra-luxury tier is moving—but only for truly exceptional homes. Buyers in this range are the most patient and value-driven. Homes that are unique, well-located, and fully complete are still attracting attention. Otherwise, sellers face prolonged listing periods and intense negotiation.
Advice: Buyers should target high-quality outliers at discounted prices. Sellers must stand out with exceptional product—average won’t cut it.

The ultra-luxury tier is moving—but only for truly exceptional homes like this home on 6575 SW 96th St
$6M–$10M: Oversupply Meets Hesitation
This price range experienced a drop in sales from 6 to 5 (-16.7%), and homes are sitting significantly longer on the market—the median DOM surged from 182 to 350 days (+92.3%). Price per square foot dropped from $1,067 to $1,024 (-4%). Inventory climbed from 26 to 31 months, marking this segment as clearly oversupplied.
Buyers are highly cautious and taking advantage of the leverage afforded by a saturated market. Most listings require negotiation, and dated or poorly designed homes are being overlooked. Sellers still holding onto 2022–2023 pricing expectations are missing the mark.
Advice: Buyers should look for deeply negotiable properties with long DOM. Sellers need to be aggressive with pricing and marketing if they hope to sell.
$3M–$6M: Signs of Resilience
Despite a dip in sales from 26 to 21 (-19.2%), this bracket showed pricing strength, with price per square foot rising from $819 to $848 (+3.5%). This indicates a healthy appetite for homes that offer quality and value. However, time on market jumped from 132 to 182 days (+38%), and inventory increased from 9 to 12 months.
Buyers are showing up for standout properties, but they’re not rushing. They’re willing to wait for quality homes with smart layouts and premium features. Sellers are facing increased negotiation, with final sales prices averaging about 91% of original list price.
Advice: Buyers should remain selective and leverage longer days on market in negotiations. Sellers must elevate product presentation and avoid aspirational pricing.

$1M–$3M: The Most Stable Segment
This price bracket remains the most balanced in Pinecrest. Sales declined from 40 to 33 (-17.5%), but homes are still moving relatively quickly compared to other ranges. Median days on market increased modestly from 54 to 67, and the average price per square foot dipped slightly from $822 to $786 (-4.4%).
Buyers have more room to negotiate, but competition remains healthy for homes with modern upgrades and good land. Sellers who price accurately and present their homes well are finding willing buyers. Inventory rose from 4.5 to 7.3 months, reflecting more options but not an oversupply.
Advice: Buyers should act decisively on well-located, turnkey properties. Sellers need to stay grounded in their pricing but can still find success.
Key Takeaways of our 2025 Pinecrest Real Estate Report by Metric:
- Sales Volume: Declining in all ranges except $10M+, but driven by limited data.
- Price per Square Foot: Stable overall; only the $3M–$6M range saw increases.
- Days on Market: Up across all brackets, especially $6M+.
- Inventory: Highest increases seen in $10M+, followed by $6M–$10M.
- Negotiation: Discounts are widening, especially in mid to high-luxury tiers.
Buyer and Seller Psychology
2025 Buyer Psychology Buyers across all segments are showing more discipline and patience. Many are taking a wait-and-see approach, influenced by interest rate fluctuations and broader economic signals. Turnkey homes with good design, layout, and lot value continue to draw strong demand. Negotiation is now expected.
2025 Seller Mindset The era of overpricing and waiting for the market to catch up is over. Sellers who lead with realism, invest in presentation, and understand the buyer mindset are the ones finding success. The rest risk stagnation.

Rental Market Snapshot
Rental activity was steady in the $5K–$10K range, with slight dips in price per square foot from $3.10 to $2.99. The higher-end rental market ($10K+) saw a decline in volume, particularly in the $15K+ range. However, an outlier rental at $34,000/mo in 2025 underscored the continued demand for extraordinary properties.
Advice: Investors and landlords should aim for quality, functional rentals in the $5K–$10K range. Higher-end properties need to offer exceptional value to stand out.
Rental Bracket | Rentals (2024) | Avg $/SqFt (2024) | Rentals (2025) | Avg $/SqFt (2025) |
$5,000– $10,000 | 21 | $3.10 | 22 | $2.99 |
$10,000– $15,000 | 10 | $3.88 | 5 | $3.52 |
$15,000– $20,000 | 3 | $3.86 | 1 | $3.71 |
$20,000+ 0 - 1 $4.69 | 0 | - | 1 | $4.69 |
2025 Pinecrest Real Estate Report Closing Thoughts
While 2025 shows some market softening, Pinecrest continues to hold strong as a family-oriented neighborhood with top-tier schools and quality housing stock. This moment offers buyers more leverage and room to negotiate, while sellers who respond to current conditions can still achieve success. Design-forward, turnkey homes and strong land parcels remain in demand. Expect a potential pickup in activity if interest rates stabilize further into 2025.
Connect with the David Siddons Group
Questions about our 2025 Pinecrest Real Estate Report or the overall market? Call the David Siddons group at 305.508.0899 or schedule a meeting via the application below.
FAQ
These are the most commonly asked Google Real Estate Related questions
1. What are the Current Best New Condos in Miami?
If you want to hear in more details our opinions on the best new Miami new construction condos. Please read this article:Best New Construction Condos 2022-2023.
2. What is the best New Construction Condo in Fort Lauderdale?
In our opinion, the Residences at Pier Sixty-six are certainly the most interesting and unique. Already well underway this 32 Acre project will be home to the first of its kind Marina where owners will be able to anchor up vessels up to a staggering 400 ft! For specifics of this project see our independent review of this project.
3. How can I compare the new luxury construction Condos to the best existing Luxury Condos in Miami?
Our Best Luxury Condos in Miami article will prove to be very useful to those looking to compare the existing to the new. You may also want to watch this video which shows the performance of the best Condos in Miami over the last 15 years!
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