Pinecrest housing market

Leverage

Are buyers or sellers in control in Pinecrest?

On the last full month of data, Pinecrest leans toward buyers.

That is where the market stands today. Which way it has been moving is a separate question, and the trends below answer it.

• ·5.7 months of supply, in the balanced range
• ·only 0% of sales closed above asking
• ·50% of sellers cut their price before closing

Read from months of supply, the share of sales closing above asking, and the share of sellers who cut their price. Each is scored against conventional thresholds and the balance decides. This describes the months already closed, not a prediction of what comes next.