Loading
PINELLAS COUNTY — Homebuyers in Pinellas County can expect a continued competitive single-family market, according to a statement from the Pinellas Realtor Organization.
With a 3.4-month supply, the county's single-family inventory in April was down 9.6% compared to April 2015, the statement says. There was a 4.1-month supply at this time last year.
That lowered inventory follows a strong sales month in Pinellas County, according to the statement. The number of closed sales for single-family, townhomes and condos combined was 2,202, a 4.8% increase over April 2015.
Homes are also selling quicker and at a higher median price than they were a year ago. The median time to sell for single-family homes fell to 73 days, down from 83 in April 2015. The median sales price increased 11.1% to $200,000.
Here's a look at the median sale price for single-family homes dating back to last April:
Month: Median sale price
April 2016: $200,000
March 2016: $200,000
February 2016: $189,700
January 2016: $193,000
December 2015: $187,000
November 2015: $183,750
October 2015: $180,000
September 2015: $190,000
August 2015: $181,399
July 2015: $185,000
June 2015: $185,000
May 2015: $185,000
April 2015: $180,000
The Pinellas Realtor Association is one of the largest professional trade associations in the Tampa area. It has nearly 7,000 members.
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
