July 2017 Real Estate Stats For Pinellas County

July 2017 Real Estate Stats For Pinellas County

Wondering how the Pinellas County real estate market is doing?

The July 2017 real estate stats are in and the results continue to show a booming real estate market in Pinellas County. 

For single family home sales, our biggest hurdle continues to be limited amounts of inventory. With inventory down -5.4% in July, buyers continue to face challenges when it comes to finding their perfect home. Low mortgage interest rates, along with a booming job market in Tampa Bay are bringing more home buyers than ever to the area, making it one of the most aggressive real estate markets we've seen in years!


Image title


For home buyers, it's important to know that the median time to contract on a home that's been newly listed for sale is down to just 19 days. To put it more simply, homes are selling over 30% faster than they were in July 2016! With limited real estate inventory and high demand, the average sale price of a single family home in Pinellas County has increased 8.5% year over year to $312,210.

As for condos and townhouses, the news is similar, with the inventory down -10.8%, and an average sales price of $226,638 (which is +13.9% higher than last year at this time!). The market for condo and townhouse buyers is also somewhat aggressive, with the median time to contract at just 32 days vs 40 days in July 2016.


Image title


 For more details on these stats from the Florida Board of Realtors, please click HERE.

As always, feel free to contact the Sandy Hartmann Team for all your real estate needs. With over 30 years of experience, we know we can help you with all of your home buying and selling needs! 


Andrea Hartmann Headshot
Author:
Phone: 727-324-8183
Dated: August 21st 2017
Views: 1,183
About Andrea: Andrea is the Managing Partner of Sandy Hartmann & Associates. She is a licensed Realtor with over 1...

Property Search








RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

Key Tips For Investing In Rental Properties - Key Tips for Investing in Rental
Why Millennials Are Moving To St Petersburg FL - Why Millennials Are Buying Homes
Cities With The Highest And Lowest Property Tax Rates In Pinellas County - Find Out Which Cities Have the
10 Great Reasons To Move To Tampa Bay FL - 10 Great Reasons to Move to Tampa

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Sandy Hartmann & Associates Real Estate Team of Tampa Bay FL
5666 Seminole Blvd
Seminole, FL
727-400-3315