Is now a good time to sell my house in Pinecrest?

Usually when the sale fits your life rather than the headlines. Your next move, your finances and the state of the house matter more than the month.

To read the market in Pinecrest, look at how long homes like yours take to go under contract and what they actually sold for in the last few months, not at asking prices.

More in How Do I Know When It’s Time to Sell My House?

Should I sell my Pinecrest house as-is or fix it up first?

It comes down to whether the repairs add more than they cost. Small, visible fixes usually do. Remodels usually do not.

Older homes are the norm in Pinecrest and North Pinecrest. In our sample, 21 of 25 homes were built in 1980 or earlier, so an older house there competes mostly with other older houses. Older homes there also sell at a wider discount to new construction than the Florida median, 19.7 percent against 22.8 percent.

More in Should I Sell My House As-Is or Fix It Up First?

What are the benefits of selling my Pinecrest house off-market?

Privacy, no repairs and a closing date you choose.

  • Privacy. The house is never listed for sale, and there are no showings or open houses.
  • No preparation. No repairs, staging or deep cleaning before you sell.
  • Certainty on timing. You choose the closing date at the start, not after the inspection.
  • A simpler negotiation. One buyer and one conversation, from offer to closing.

The trade-off is exposure. A listing puts the house in front of every buyer in the market, and competition can push the price up. Should I Sell My House Off-Market? weighs both.

How fast can I sell my house in Pinecrest?

As fast as the title work allows, if you sell privately. You and the buyer set the closing date, and the title search and Florida’s closing documents set the floor.

A listed sale usually takes longer, because the house has to be prepared, shown and negotiated, and the buyer’s inspection, appraisal and loan approval can still undo the deal late in the process.

If you are relocating, read How Do I Sell My House Fast When I’m Moving for Work?

What does it cost to sell a house in Pinecrest?

On a listed sale, commission is usually the largest cost, followed by transfer taxes, title and closing fees, and any repairs or credits after the buyer’s inspection. A private sale to Address District has no commission.

Federal tax on the gain may not apply at all. If you owned the house and lived in it as your main home for two of the last five years, the IRS lets you exclude up to $250,000 of gain, or $500,000 for a married couple filing jointly.

Line by line in How Much Does It Cost to Sell a House?

How does selling my Pinecrest house off-market work?

In four steps, with no listing and no showings.

  1. You tell us about the house, by the offer form or by contacting us.
  2. Someone on our team reviews the house and the neighborhood and may ask to see it.
  3. You get an offer, with no obligation to accept it.
  4. If you accept, a title company or closing attorney handles the closing on the date you choose.

You will know in writing who the buyer is before you sign anything.

What if my Pinecrest house isn’t selling?

Usually the price, sometimes the condition, occasionally the marketing. The showing count tells you which.

Before you talk to another buyer, read your listing agreement. Most owe the agent a commission on any sale during the term. More in Why Isn’t My House Selling?

How do I sell an inherited house in Pinecrest?

Start with who has the authority to sign, usually the personal representative the probate court appoints, or a trustee. A title company will generally not close until that is documented.

Inherited property generally takes a basis equal to its value on the date of death, the IRS says, which can shrink the taxable gain. A probate attorney in Florida can explain the rest. More in How Do I Sell a House I Inherited?

How does Pinecrest compare with nearby neighborhoods?

South Miami and High Pines, 2 miles away, shows 25 older homes among the 36 we sampled. Deering Bay and South Palmetto Bay, 3 miles away, has one older home among the four we sampled. Coral Gables and University, 4 miles away, counts six older homes among the seven we sampled. Pinecrest ranks 20th nationally for older homes, behind one of them.

Every neighborhood in the index has its own page, and the Florida page lists all 202 in the state.

Do older homes in Pinecrest sell for less than new construction?

In our sample, yes. The average price of older homes in 33156 was 19.7 percent of the average price of new construction in the same ZIP code. The Florida median is 22.8 percent, and the index median is 23.1 percent.

The gap reflects size, lot and condition as much as age, so price an older house against recent sales of other older houses nearby, not against new construction.

Pinecrest and North Pinecrest by the numbers

Older homes
21
of 25 homes sampled, built 1980 or earlier
Share of older homes
84.0%
Florida 52.6%. Index 49.0%.
Older vs new
19.7%
Older home price as a share of new construction
National rank
#20
of 1,192 ZIP codes
State rank
#9
of 202 in Florida
Minimum lot
8,553 sq ft
As recorded in the source data

Of the 25 homes in the Address District sample for Pinecrest and North Pinecrest (33156), 21 were built in 1980 or earlier, a share of 84.0 percent. That places 33156 20th of 1,192 ZIP codes nationally for the number of older homes, and ninth of 202 in Florida.

Across the 202 Florida ZIP codes in the index, 52.6 percent of the homes sampled were built in 1980 or earlier, against 49.0 percent across all 1,192 ZIP codes.

How 33156 compares

Share of older homes

Homes in the sample built in 1980 or earlier

33156 Pinecrest and North Pinecrest84.0%
Florida52.6%
All ZIP codes in the index49.0%

Older home prices against new construction

Average older home price as a share of new construction

33156 Pinecrest and North Pinecrest19.7%
Florida median22.8%
Index median23.1%

Nearby neighborhoods in the index

ZIPPlaceDistanceRankShare
33143South Miami / High PinesMiami, FL2 mi1469.4%
33158Deering Bay / South Palmetto BayMiami, FL3 mi69025.0%
33146Coral Gables / University areaMiami, FL4 mi16885.7%
33176Kendall / Pinecrest WestMiami, FL4 mi15554.5%
33173Sunset / KendallMiami, FL5 mi883100.0%
33155Coral Terrace / West MiamiMiami, FL5 mi378100.0%
33133Coconut GroveMiami, FL7 mi1583.3%
33134Coral Gables / GranadaMiami, FL7 mi18845.5%

The top of Florida

State rankZIPPlaceHomesOlder homesShare
133629Palma Ceia / Sunset ParkTampa, FL534177.4%
234102Old Naples / Port Royal / Aqualane ShoresNaples, FL523771.2%
333432Downtown Boca / Boca Raton RivieraBoca Raton, FL443272.7%
433405West Palm BeachPalm Beach County, FL383181.6%
534145Marco IslandCollier County, FL372978.4%
633143South Miami / High PinesMiami, FL362569.4%
733133Coconut GroveMiami, FL302583.3%
832459Santa Rosa BeachWalton County, FL992121.2%
1034239Southside Village / Cherokee ParkSarasota, FL281967.9%
1133483East Delray / Tropic Isle edgeDelray Beach, FL281864.3%

All 202 Florida ZIP codes in the index ›

About the data. Older homes are homes built in 1980 or earlier. Rank orders ZIP codes by the number of older homes in the sample, then by the number of homes. Full methodology and the complete index. Nothing on this page is legal, tax or financial advice.