May 22, 2018
Want to know how many homes are for sale in Pinellas County versus last year? That is a key statistic that tells you what the market has been doing.
In this episode, I review Pinellas County's March 2018 statistics and give my professional interpretation. Now you'll know the reasons why home prices in Pinellas have been climbing... 12%!
Overall Market
- Median Sale Price: ↑ 8.7% to $250,000
- Average Sale Price: ↑ 12.7% to $337,369
- New Listings: ↓ 14.2% to 1,379
- Active Inventory: ↓ 18.2% to 2,621
- Months supply of inventory: ↓ 14.8% to 2.3 Months
Single Family Homes
- Inventory ↓ 18.2% to 2,621
- New Listings by Initial List Price
- 0-$50,000: ↓ 14.3% to 6
- $50k-$100k: ↓ 38.3% to 29
- $100k-$150k: ↓ 48.6% to 74
- $150k-199k: ↓ 20.7% to 242
- Current Listings:
- 0-$50,000: ↓ 8.3% to 11
- $50k - $100k: ↓ 50.0% to 40
- $100k - $150k: ↓ 47.5% to 93
- $150k - $199k: ↓ 34.8% to 270
- $200k - $250k ↓ 19.3% to 310