The housing market in Pinellas County for August has been relatively calm. Listings across the board continue to fall, so there are fewer homes and condos for sale, and prices are rising, albeit slowly.
Residential properties in the areas of $30k- $40k, $100k to $140k and $200k to $250k continue to be the strongest market price segments in the county.
Overall, residential market sales increased 23.9%, from August 2010 to August 2011. Median sales price for the same time period is up $3,000 month over month.
Condo sales from August 2010 to August 2011 are up nearly 26%. The median sales price for condos continues to remain relatively unchanged month over month. For August, it is $94,200. Condo listings decreased 23.9% for the same time period.
Source: Pinellas Realtor Organization