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How is Coronavirus affecting the Pinellas County real estate market?

Written by Kathleen Seide

I have a passion for helping others meet their goals. I focus on the important issues facing people. I am curious and adventurous by nature. I love exploring and understanding the world, sometimes that means meditation and other times I hike hours into the wilderness to see where a path leads.

March 17, 2020

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 weekend to weekend.

Looking Back Two Weeks

In the chart below you can see activity for each day over the last two weeks, showing the number of homes that went under contract each day and the sales volume per day. For this time frame there were a median of 76 homes and $25,517,868 per day going to contract.

Date Range# of Homes Sales Volume 
3/14 – 3/16200 $      62,896,600
3/6 – 3/9237 $      72,215,320
% change16%13%

Seller Advice

If you are selling your property now, I would suggest getting ahead of the curve by making your home the best option in it’s price range.

That means make showings easy, make it look amazing, and fix any issues you know about.

Make your house shine! Download this checklist today

Make your house shine! Download this checklist today

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