{"id":24307,"date":"2013-11-21T17:08:21","date_gmt":"2013-11-21T21:08:21","guid":{"rendered":"http:\/\/www.ewm.com\/internalblog\/?p=24307"},"modified":"2013-11-21T17:08:21","modified_gmt":"2013-11-21T21:08:21","slug":"for-training-market-trends-october-2013-things-are-looking-up-in-pinecrest-florida","status":"publish","type":"post","link":"https:\/\/blog.myewm.com\/?p=24307","title":{"rendered":"For Training:  Market Trends: October 2013&#8211;Things Are Looking Up In Pinecrest, Florida"},"content":{"rendered":"<p><span style=\"color: #000000;font-family: Times New Roman;font-size: medium\"><a href=\"https:\/\/blog.myewm.com\/wp-content\/uploads\/2013\/11\/graph-for-blogging-class.jpeg\"><img loading=\"lazy\" class=\"size-medium wp-image-24313 alignleft\" alt=\"graph for blogging class\" src=\"https:\/\/blog.myewm.com\/wp-content\/uploads\/2013\/11\/graph-for-blogging-class-300x250.jpeg\" width=\"300\" height=\"250\" \/><\/a><\/span>Since one year ago:<\/p>\n<p>Tthe number of active listings is up 10.1% while the sold properties are\u00a0down 60.9%.<\/p>\n<p>The pended\u00a0listings are down\u00a031%. When the PENDED LISTINGS indicator is rising, our market is in recovery, which means contracts have been written and are anticipated to close. Obviously, since the inventory has been so low, the number of sales will be low as well.<\/p>\n<p>Average home prices are up\u00a016.9%. \u00a0 The price per square foot of a single family residence is approximately $238 per square foot \u2013 which is a decrease\u00a0of 11.5% over last year &#8211; however, still higher than it was in December of 2012 and in April of 2013.<\/p>\n<p>Part of the reason for the\u00a0shortage of inventory:\u00a0 Homes remain on the market an average of\u00a092 days \u2014 a decrease of\u00a013.2% over last year.\u00a0Homes are selling within 1.1% (up) of their originally listed price.<\/p>\n<p>The average listed price in\u00a0<a title=\"Official Website of Pinecrest, Florida\" href=\"http:\/\/pinecrest-fl.gov\/\" target=\"_blank\">Pinecrest, Florida\u00a0<\/a>is $1,811,000 &#8212; a 6.5% increase over last year.\u00a0 The average sold price is $1,253,000.<\/p>\n<p>Important information: <b>Months of Inventory<\/b>.\u00a0 Currently, Pinecrest, Florida is experiencing\u00a014.6 months of inventory which is indicative of a\u00a0Buyer&#8217;s market. This may be indicative of the fact that many of the homes are listed over $2M and the buyers may be looking $1M and under.<\/p>\n<p>To see what has closed in Pinecrest, Florida for the last six months, click on the button below:<\/p>\n<p>&nbsp;<\/p>\n<p><a title=\"Pinecrest Closed - Last Six Months\" href=\"https:\/\/blog.myewm.com\/wp-content\/uploads\/2013\/11\/pinecrest-closed-last-six-months.pdf\" target=\"_blank\"><img loading=\"lazy\" class=\"alignnone size-medium wp-image-24324\" alt=\"DOWNLOAD PDF REPORT BUTTON-BLUE\" src=\"https:\/\/blog.myewm.com\/wp-content\/uploads\/2013\/11\/DOWNLOAD-PDF-REPORT-BUTTON-BLUE-300x93.png\" width=\"210\" height=\"58\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>It is time to list, time to sell, time to upsize, time to downsize \u2014 money is still inexpensive to borrow.<\/p>\n<p>Consider what is happening nationally:<\/p>\n<p>http:\/\/www.youtube.com\/watch?v=D9qsyHSDm2M&#038;feature=c4-overview&#038;list=UUYtGzq6NWZobuP02mpK_FPA<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since one year ago: Tthe number of active listings is up 10.1% while the sold properties are\u00a0down 60.9%. The pended\u00a0listings are down\u00a031%. When the PENDED LISTINGS indicator is rising, our market is in recovery, which means contracts have been written and are anticipated to close. Obviously, since the inventory has been so low, the number [&hellip;]<\/p>\n","protected":false},"author":1439,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[59,105],"tags":[851,1829],"_links":{"self":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts\/24307"}],"collection":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/users\/1439"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24307"}],"version-history":[{"count":0,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=\/wp\/v2\/posts\/24307\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.myewm.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}