Adrian Foley's (adrianfoleyre) Blog

Two story canal front town home on University Drive.  This 4 bedroom, 4.5 bathroom home built in 2007 with high-end finishes offers ovean access via a private dock and canal to the bay.  The gorund floor has an open living-dining area, kitchen, laundry room, and en suite bathroom.  The second flo...

The Palmetto Bay April 2018 real estate market was more active than the previous month of March.  30 homes sold for a total sales volume of $17,925,900.  25 properties went under contract and a 53 new listings came to market.  As of early May 2018, there are 180 homes for sale in Palmetto Bay.  I...

The Pinecrest luxury real estate market had $38,171,000 of total sales volume during the first quarter of this year.  That total sales amount is not as high as the $44 million plus in sales volume for the first quarter of 2016, but it is $3 million more than the last quarter of 2016.TOTAL SALES V...

PALMETTO BAY FIRST QUARTER SALES REPORTPalmetto Bay had a fantastic first quarter of sales.  In fact, in was the best first quarter in over 10 years!  Between January 1st and March 31 there were 80 home sales for a total sales volume of $47,380,125.TOTAL SALES VOLUMEDuring the first three months ...

Friday Market RoundupThere are 151 homes for sale in Palmetto Bay.  In the past 7 days there have been 5 closed sales, 4 pending sales, and 10 new listings.  Below is the Palmetto Bay Real Estate News for the March 31, 2017.Closed Sales16021 SW 87 Ave closed on 3/31/2017.  This 4 bedroom 2 bathro...

Thursday Market NewsThere are 226 homes on the market in the Pinecrest.  175 of those listings are price above $1,000,000.  In the past 7 days there have been 3 closed sales, 2 pending sales, and 7 new listings.  Below is the Pinecrest Real Estate News for March 30, 2017.CLOSED SALES5830 SW 140 S...

Pinecrest Real Estate Facts and Trends For February 2017The Pinecrest Market during the month of February had a similar amount of sales activity as the month of January.  [See more about January 2017 here].  The month ended with 17 closed sales, 30 new listings and 12 pending sales.The market con...

Friday Market RoundupThere are 148 active listings on the market in Palmetto Bay.  In the past 7 days there have been 1 closed sale, 5 pending sales, and 14 new listings.Closed Sales9240 SW 166 Street closed on 3/17/17.  The 3 bedroom 2 bathroom home has a newer roof and impact windows, a two car...

In real estate the term “months of supply” is often used by agents and journalists to describe the health or outlook in a particular market.  The term expresses the amount of time it would take for current inventory to be sold without new inventory coming to market.  It is the #1 metric used in o...

Pinecrest home sellers it is time for a conversation on pricing.  The Pinecrest real estate market has over 200 homes for sale at the moment.  More than 150 of those listing are luxury properties priced above $1,000,000.  The months of supply, the number one metric in real estate, based on Januar...