Thinking of buying or selling a home in the Pinellas area? A great starting point is examining the latest Pinellas sales numbers to see how our market is trending. (Stats typically lag 1-2 months behind.)
The June numbers show that home value has risen substantially from last year and sellers are getting more return for their homes. Buyer demand is also higher so homes are selling quicker.
Closed, cash, and pending sale are all up, and a further refection that home value has risen over the last year, and demand is high. Inventory and projected inventory is down, which means for the foreseeable future Pinellas will be staying a market that favors sellers. Sellers should expect to see more offers, high prices, and quicker sales.