The housing market for Pinellas County as a whole is showing no signs of slowing down. Although there is not as many bidding wars as we have seen in the past few months homes are under contract within 8-10 days of listing for 100% on average of asking price. Although inventory levels are still at historic lows we did see new listings for single family homes rise 7.9%. However for condo and townhomes new listings actually dropped 7.9% in August.
Watch a video summary here (1:37) August 2021 Market Statistics Report for Pinellas and Pasco Counties - YouTube
PRICE TRENDS
The average price of single family homes and attached dwellings (see graph below for 12 month history) have stabilized with just minor fluctuations month to month. Going back 2 years the average sale price for a single family home was $345,739 (Sept. 2019) which is an increase of almost 25%.
Combined Single Family Homes, Condos, and Townhomes
Summary for single family homes only.
Summary for Condo and Townhome only.
Thank you for checking out our market report for Pinellas County. If you have any questions or comments about the housing market here or surrounding areas please reach out to us today and we will be glad to assist you.
The Tom Smith Team has sold over $175,000,000 and is ranked in the top 1% of all agents in Pinellas County. Our extraordinary success is a result of the hard work and dedication we give to our clients each and every day. We hope you will consider the Tom Smith Team when you are ready to buy or sell your home.
See you on the beach!
Tom Smith 727-776-3375
Kristin Vincelli 727-686-1596
