Statistics Real Estate, March 2019, Pinellas County

July, 2014

Real Estate Statistics

PINELLAS Realtor Organization, Matrix-MLS

Pinellas Statistics May 2019

Pinellas County continues to see a rise in year over year average sale prices and median sale price. The Average Sale Price for Single Family Homes rose 3.5% from $338,828 in May 2018 to $350,539 in May 2019. The Average Sale Price for Townhome/Condo was up 16.2% from $228,449 in May 2018, to $265,513 in May 2019. The Median Sale Price for Single Family Homes was up by 7.1% from last year, at $253,000 for May 2018 versus $271,000 for May 2019. The Median Sale Price for Townhomes/Condos increased 6.0% from $166,000 in May 2018 to $175,900 in May 2019.

Dollar Volume for Single Family Homes saw a 17.7% increase from $433.4 million in May 2018 to $510.0 million in 2019. The Median Time to Contract for Single Family Homes was up 50.0% from 22 days in May 2018 to 33 days this May. The Median Time to Sale for Single Family Homes was up 12.5% from 64 days last May to 72 days this May. The Months Supply of Inventory for Single Family Homes remained the same year-over-year at 2.8 months. New Listings for Single Family for May 2019 were 1,396, down 14.1% from May 2018 at 1,626. The Active Listings for Single Family Homes slightly decreased 1.3% from 3,075 in May 2019 versus 3,117 in May 2018. Closed Sales for Single Family were up 13.8% from 1,279 in May 2018 to 1,455 in May 2019.  Paid in Cash sales for Single Family increased 1.9%, from 364 in May 2018 to 371 in May 2019.

Dollar Volume for Townhome/Condo increased 13.9% year-over-year from $209.5 million in May 2018 to $238.7 million in May 2019. The Median Time to Contract for Townhome/Condo market increased 16.7% from 36 days in May 2018 to 42 days May 2019. The Median Time to Sale for Townhome/Condo market was 72 days in May 2018 and 81 days in May 2019, up 12.5%. The Months Supply of Inventory for Townhome/Condo rose 10.3% at 2.9 months in May 2018 to 3.2 months in May 2019. New Listings for Townhome/Condos for May decreased 6.4% from 845 in 2019, versus 903 in 2018. Active Listings for Townhomes/Condos were up 16.5% from 2,250 in May 2018 to 2,622 in May 2019. Closed Sales for the Townhome/Condo segment decreased 2.0% year over year, at 899 in May 2019 versus 917 in May 2018. Paid in Cash sales for Townhome/Condo decreased 10.8% from 453 in May 2019 versus 508 in May 2018.

 

 

Single Family Market Detail

 

Townhome-Condo Market Detail

Single Family Closed By Sales Price

 

Townhome-Condo Closed By Sales Price

 

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