A Very Active Real Estate Market

December Stats for Pinellas County

Want to hear some good news? According to the recently released statistics from the Pinellas Realtor Organization, Single Family Homes and Townhomes/Condos continue to sell at higher prices year-over-year. Additionally, the time to contract on Pinellas properties is decreasing, which is what I am personally witnessing in our local market. It’s a great time to list, just be aware that your home may not be on the market long! 

Here’s look at some highlights from the December report.

– The Average Sale Price increased 22.8% from $367,394 to $451,120
– Closed Sales were up 6.7% year-over-year 
– The Active Listings decreased 44% from 2,458 to 1,376
– The Median Time to Contract was down 60.7% from 28 days to 11 days

– The Average Sale Price increased 15.1% from $253,087 to $291,206
– Closed Sales were up 11% year-over-year
– Active Listings were down 28.3% from 2,122 to 1,522
– The Median Time to Contract decreased 28.1% from 32 days to 23 days

If you’d like a complimentary valuation of your home, call me today at 727.482.0232.