Brittex Blog

Pinecrest Statistics on Listings versus Sales
April 16th, 2008 9:10 PM

This month listings and sales of single family homes in The Village of Pinecrest are being shown.  The source for this chart is which contains information about many submarkets in both Miami-Dade and Broward Counties. 

The Village of Pinecrest's inventory of homes has grown from 254 homes on the market in December 2007 to 277 homes in March 2008.  There is a one month lag in the data reporting.  Sales are indicated in red. Absorption is arrived at by dividing the supply by the demand which is 15.4 months. Exposure and marketing times may differ from absorption. 

Posted in:General
Posted by Britt J. Rosen, Cert. Gen. RZ1858 on April 16th, 2008 9:10 PMPost a Comment

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