Now with 2014 behind us let's take a look at the Single Family Homes that sold from (1/1/2014 -12/31/2014) in Pinellas County. The housing recovery took a step back in 2014 as homes prices increased to far to fast and income couldn't keep up! Now employment improves and price gain ease 2015 is looking brighter! Wild changes in the country's Real Estate have taken money lenders on a crazy ride following the early piece of this century. From the first decade, stamped by overheated home costs in a large portion of the country's most prevalent metropolitan regions, to the post-Great Recession period sending home estimations into a free fall, financial specialists have needed to change and adjust their speculation methods to economic situations. 

Two noteworthy concerns stay: tight giving measures, which keep on keeping individuals who could overall stand to purchase a home from meeting all requirements for a credit to back the buy, and investment rates, which are relied upon to hit no less than 5 percent by year-end.

 

Price Class 2beds 3beds 4+beds Total Active Pending Expired Off Market
$29,999 & under 60 29 9 98 7 14 2 0
$30,000-$39,999 82 30 7 119 17 11 12 2
$40,000-$49,999 103 67 6 176 34 27 16 2
$50,000-$59,999 120 81 9 210 23 36 25 5
$60,000-69,999 144 109 20 273 54 28 28 3
$70,000-79,999 183 114 20 317 92 32 21 1
$80,000-$89,999 177 161 15 353 89 37 28 4
$90,000-$99,999 160 148 25 333 103 40 21 3
$100,000-$119,999 317 305 40 662 147 56 39 7
$120,000-$139,999 390 399 56 845 246 68 60 10
$140,000-$159,999 366 399 61 826 264 63 62 15
$160,000-$179,999 196 438 94 728 242 54 61 6
$180,000-$199,999 129 412 96 637 210 31 40 8
$200,000-249,999 190 749 239 1,178 339 56 104 23
$250,000-$299,999 72 494 263 829 263 43 78 15
$300,000-$399,999 42 253 270 565 279 33 76 10
$400,000-$499,999 45 241 398 684 247 38 90 14
$500,000-$599,999 21 147 186 354 191 19 56 9
$600,000-$699,999 10 91 134 235 144 13 50 7
$700,000-$799,999 5 40 80 125 100 10 32 3
$800,000-$899,999 2 34 57 93 46 5 30 1
$900,000-$899,999  4 16 46 66 54 2 17 0
$1,000,000  & OVER 3 22 171 196 312 16 100 10
TOTAL UNITS 2,821 4,779 2,302 9,902 3,533 732 1,048 158
Average price 10,056,819  26,461,604  23,904,157  20,407,453 31,985,191  4,026,355  11,455,337  1,563,247 
Volume (in 1000's) 372,102 1,032,003 1,003,975 2,408,079 1,471,319 161,054 492,580 56,277
Days on market units Financing  Units Financing  Units      
0-30 3,504 2nd mortage 2 new conventional  3,650      
31-60 2,066 All Cash 3,968 New FHA  1,203      
61-90 1,381 Arm 7 New Private 62      
91-120 884 Assume Convential 206 New VA 582      
120-150 643 Assume FHA/VA 61 Not Applicabe 10      
151-180 420 Assume Private 3 other 83      
181-210 272 Balloon mortgage 0 owner financing 43      
211 & over 732 Deed Agreement 0 USDA 2      
    Lease option / Purchse 5 Wrap-around 0