Pinellas Home Sales Rise Ever So Slightly

Published by peter | Filed under Market Trends, Pinellas County Homes

Single family listings dropped precipitously – down 22% from last year to 6,702. Only two years ago, that number was 9,000. Unit sales were up by 18% from 2008 and the market is approaching the number of sales experienced in the latter half of 2006. The median price appears to be stabilizing, at least for now. Since the low of $125,000 in January, every other month this year has been in the $140,000s. In June the median price was $147,000, including foreclosures and short sales.