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How’s the real estate market? More homes are going under contract right now than coming into the market, giving buyers less choice and more competition for the homes that are available. After seeing a dip in weekly showings, it looks like buyers are getting out there again. Below you can see that the number of […]
Read MoreLet’s take a look at how the local Pinellas County real estate market is responding to the changes in our community caused by Covid-19. While sales have slowed, prices remain fairly stable. Inventory has been tight through most of 2019, and new listings coming onto the market in March were down 23.3% compared to March […]
Read MoreEveryone has been staying home as much as possible, and we are seeing an affect on pending sales in Pinellas County. 3/2 – 3/8 525 contracts written valued at $161,308,623 3/9 – 3/15 activity up by 7%-9%565 contracts written valued at $176,950,823 3/16 – 3/22 activity down by 32% – 36%414 contracts written valued at […]
Read MoreThe market is similar to last year, with a possible slight cooling. Closed Properties In the last six months there were 28 closings, and a year ago the same period had 36. The number of days to contract is pretty close, and the price this year is higher by $25 per square foot. Properties for […]
Read MoreThe 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 […]
Read MoreHome 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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