Category: Market Reports

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

Home sales on Snell Isle are steady. The absorption rate of 8.5 shows a small advantage for home buyer but considering the price range it is expected for homes to take a bit longer to sell. What this means is that buyers have more inventory to consider and may not feel as much pressure to […]

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