Category: Market Reports
Covid-19 Real Estate News

With so many things changing because of the COVID-19 situation, I wanted to check in with you and share what I can.  Real Estate MarketThe real estate market is going to be affected by this. Demand has dropped because buyers are staying at home, if supply remains the same, there will be a downward pressure on […]

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By Kathleen Seide | Posted in Market Reports | Leave a comment
How is Coronavirus affecting the Pinellas County real estate market?

The local real estate market was slightly affected over the weekend. A combination of some buyers taking the weekend off and some sellers not wanting people in their homes combined to see a slight drop in the amount of homes that went under contract over the weekend. Pinellas county experienced a 16% decrease in activity […]

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By Kathleen Seide | Posted in Market Reports | Leave a comment

Tampa Bay has been investing in the technology industry and we are seeing the affects of that in our economy. With over 150 starts ups the Tampa area is gaining national attention. With multiple tech companies seeing growth, and a large number of industry jobs at places like American Express, Chase, Honeywell, and Citi, you […]

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By Kathleen Seide | Posted in Market Reports | Tagged , | Leave a comment

There’s some buzz over when the next recession will hit, and people keep asking me how the Pinellas County real estate market is faring. They want to know if home prices in St Petersburg have come down and if not, then when that will happen. So, to answer their questions I did the nerdy thing […]

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By Kathleen Seide | Posted in Market Reports | Leave a comment

The Old Northeast is in demand, with a median price per square foot at $326 for the last 6 months.

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By Kathleen Seide | Posted in Market Reports | Tagged | Leave a comment

Kenwood has 11 closings in April, at a median sale price of $250,000 and a price per square foot of $220.33. (I’m including Historic Kenwood and Kenwood North) The most expensive sale was for almost $500,000 and took almost a year to close, while the least expensive went under contract in a six days and […]

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By Kathleen Seide | Posted in Market Reports | Tagged | Leave a comment

A look at real estate closings on Snell Isle in St Petersburg Florida for April 2019

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By Kathleen Seide | Posted in Market Reports, Sold Property | Tagged | Leave a comment

More properties are going onto the market in St Petersburg and Pinellas, giving buyers time to breathe while they make a selection that’s right for them. It’s still a seller’s market, but not as strongly as it was a year ago. Single Family Home Sales The St Pete real estate market remains stable, going through […]

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By Kathleen Seide | Posted in Market Reports | Leave a comment

The real estate market cooled down a bit in 2018, with slightly fewer units sold and a bit more inventory on the market. Prices went up slightly, so in the end 2018 dollar volume was higher than 2017. It’s still a seller’s market, but not quite as crazy as it was in 2017. If you’re […]

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By Kathleen Seide | Posted in Market Reports | Tagged | Leave a comment

The Dec 2018 Pinellas county real estate statistics are out. Overall there is a slight cooling to the market, with 8.4% fewer year to year closings and an additional 8.7% in available inventory. Closings: Down 8.4% Inventory: Up 8.7% Absorption Rate: Up 3.4 months of inventory (up from 2.63 months in Dec 2017) What Does […]

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By Kathleen Seide | Posted in Market Reports | Tagged , , | Leave a comment