At Realty Executives Suncoast we like to inform our visitors of recent homes sales in Pinellas County, Florida. Real estate listings that sold were in the following areas:

Cities

  • Belleair Beach 
  • Belleair Bluffs 
  • Clearwater 
  • Dunedin 
  • Gulfport 
  • Indian Rocks Beach 
  • Largo 
  • Madeira Beach 
  • Oldsmar 
  • Pinellas Park 
  • Safety Harbor 
  • Seminole 
  • South Pasadena 
  • St. Pete Beach 
  • St. Petersburg 
  • Tarpon Springs 
  • Treasure Island 

Towns

  • Belleair 
  • Belleair Shore 
  • Indian Shores 
  • Kenneth City 
  • North Redington Beach 
  • Redington Beach 
  • Redington Shores 

Unincorporated communities

  • Bardmoor
  • Baskin
  • Bay Pines
  • Crystal Beach
  • Curlew
  • Bear Creek
  • East Lake
  • Feather Sound
  • Gandy
  • Greenbriar
  • Harbor Bluffs
  • Highpoint
  • Innisbrook
  • Lealman
  • Oakhurst
  • Ozona
  • Palm Harbor
  • Ridgecrest
  • St. George
  • Seminole Park
  • South Highpoint
  • Tierra Verde
  • Wall Springs
  • Walsingham
  • West Lealman

Studying and comparing trends over time will allow you to build a sense for prices that are "respectable" on certain properties and ones that are just over priced. For those new home buyers looking to buy new homes at the lowest price possible, this data is extremely useful!

                                                                       Homes Sales - Real Estate Trend Indicator

Single Family Homes Pinellas County Residential homes that sold between 07/01/2015 and 08/13/2015.

Price Class 2 beds 3beds 4+ Beds Total Active Pending Expired Off market
$29,999 & under 4 0 0 4 3 5 0 1
$30,000 - $39,999 6 4 1 11 10 7 2 1
$40,000 - $49,999 8 4 1 13 16 19 0 3
$50,000 - $59,999 7 5 3 15 40 23 1 3
$60,000 - $69,000 15 6 2 23 49 28 0 5
$70,000 - $79,999 8 12 3 23 48 30 2 4
$80,000 - $89,000 15 10 0 25 55 35 1 5
$90,000 -$99,999 13 15 4 32 56 36 2 3
$100,000 -$119,999 39 33 2 74 116 68 2 14
$120,000 -$135,000 51 45 11 107 199 74 5 11
$140,000 -$159,999 41 76 10 127 228 68 6 9
$160,000 -$179,000 51 59 11 121 225 58 3 11
$180,000 -$199,999 23 78 10 111 187 52 4 11
$200,000 -$249,999 24 124 34 182 401 100 9 20
$250,000 -$299,999 10 99 48 157 344 73 9 8
$300,000 -$399,999 6 38 33 77 261 45 7 18
$400,000 -$499,999 8 31 62 101 313 52 7 16
$500,000 -$599,999 1 19 27 47 211 16 4 7
$600,000 -$699,999 2 15 23 40 147 15 2 9
$700,000 -$799,999 1 5 13 19 133 9 1 4
$800,000 -$899,999 0 4 8 12 102 9 2 1
$900,000 -$999,999 1 1 4 6 72 8 2 2
$1,000,000 & over 0 4 23 27 319 19 7 7
Total Units 334 687 333 1,354 3,535 849 78 173
Average Price 1,506,981 4,464,217 4,000,170 3,359,067 37,437,801 5,248,312 1,001,915 1,572,411
Volume (in 1000's) 49,730 156,248 140,006 345,984 1,609,825 209,932 34,065 56,607
Days on Market Units Financing Units Financing Units      
0-30 515 2nd Mortgage 0 New Conventional 540      
31-60 308 All Cash 449 New FHA 213      
61-90 217 Arm 1 New Private 6      
91-120 108 Assume Conventional 9 New VA 87      
120-150 64 Assume FHA/VA 3 Not Applicable 2      
151-180 44 Assume Private 0 Other 37      
181-210 32 Balloon Mortgage 0 Owner Financing 6      
211&Over 66 Combination 1 Tampa Assumable 0      
Deed Agreement USDA

0

 

         
Lease Option / Purchase 0 Wrap /  Around 0          
                 

 

So is it worth the wait to buy your first home? Americans are waiting longer than ever to buy their first home. The median age for the 1st time home buyer is 33 years old and they rent it for 6 years before signing a contract to buy.

That's 2.5 years longer in a normal rental than it was in the 1970's. Realty Executives Suncoast think there are 2 main reasons why young people are holding out. The first reason is younger people are shorter on cash to jump into the market. Second reason is the young folks are moving around a lot more depending on their careers.

In the 1970's you could get a starter home for just 1.5x your making but now housing costs are 2.5x the average income. The bottom line home ownership is now at a 48-year low.