Homes Market Report - St. Pete's Jungle & Jungle Prada

Have you been considering selling and live in the Jungle in St. Petersburg? Right now might be a great time to consider selling! Pinellas home inventory is very low right now and demand for homes is high. Pinellas is in a seller market, which means sellers are seeing great return, faster sales, and multiple offers. If you've been considering selling this is the market for you!

The Jungle is a special area for me, so I devote a lot of focus to it. I am also a resident and just love the area. Here is a detailed market report for The Jungle area:

The Jungle Last 180 Days of Sales (50 Sold Properties)

    Market Analysis
                           
Status: Sold (50)
    Beds Baths SqFt Heated List Price LP/SqFt Close Price SP/SqFt DTC DTCL ADOM CDOM SP/LP Ratio
Min 2 1 768 $66,900 $75.36 $70,000 $71.09 1 20 1 1 .82
Max 6 5 5,085 $650,000 $206.22 $565,000 $198.75 460 470 375 386 1.05
Avg 3 2 1,525 $198,523 $129.37 $189,580 $123.89 76 112 84 91 .96
Median 3 2 1,328 $169,250 $131.12 $160,000 $126.60 39 84 63 65 .97

**Quick point of intrest: Average amount of days on market was about 3 months. Homes listed typically sold for $5,000-$10,000 less than original listing price, but that is not current market trend for Pinellas.