What is the Best Time to Sell Your Pinecrest House?

Selling your Pinecrest home? When is the most successful time?

As we constantly analyze the market in all price ranges and variations, we found out a really interesting pattern that must be pointed out to all the sellers. For more than 5 years in a row Pinecrest is having a very low inventory (not a lot of houses for sale) during the months of March followed by June, July and August with a high number of sales (closed transactions) in those months.

What is the Best Time to Sell Your Pinecrest House?

6061 Sw 102 St in Pinecrest is now listed (This property has now sold)

The Pre-Summer months are Peak Season

Different to most people’s perception that before or during the summer is the worst time to market, in reality it is the best. Many potential sellers think they should list after the summer break, as most people are back from their holidays and have time to shop for homes again, this is not the case. With a lot of good schools in the area, most families tend to move during the summer break before the beginning of the new school year in August. This happens specially in areas where the schools plays a really big role in the neighborhood and Pinecrest is one of those places where you can easily detect that. Pinecrest, besides being a very family-oriented neighborhood with lots of parks and quiet streets, is home to great private and public schools. This makes the area very attractive to families with kids and the school schedule a very important indicator for the Pinecrest real estate market.

As you can see in the graph below most homes are closed between April and August. Taking into account the 1 – 2 month closing cycle, this means most buyers make decision between March and July! March is the month in which parents hear to which school their kids are accepted and they will plan their living situation accordingly.

What is the Best Time to Sell Your Pinecrest House?
What is the Best Time to Sell Your Pinecrest House?

So, attention sellers, you must look for a Pinecrest real estate agent that understands the market and its nuances to be successful in selling a property, specially in an extremely competitive market like Miami. Our recommendation to Pinecrest owners that want to sell their property, is to not wait until summer is over, Put your Pinecrest home on the market now (in the pre-summer months) as you are going to attract families that are thinking about moving to the area and have kids getting accepted in those great schools!

For more information about the Pinecrest real estatet market or how we will sell your property please contact the David Siddons Group

David Siddons | 305.508.0899 | david@siddonsgroup.com

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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