Pinellas County Real Estate Statistics for September 2016
At this time of year everyone starts to get in the spirit for the holidays. We are happy to share some stats from
the Pinellas County Housing Department that will give you even more of a reason to be excited.
Pending Inventory for Townhouses and Condos has climbed up to 18.9% over the past year, with 830 listings this year compared to 698 in September of 2015. Median Sale Price, Average Sale Price, and Dollar Volume for Single Family Homes have increased over the past year at 16.6%, 10.6% and 12.2%, respectively.
Median Sale Price for the Townhome/Condo segment was up 5.0% from last year, at $126,000 for September 2016 versus $120,000 for September 2015.
Median Time to Contract for Townhome/Condo was 36 days in September 2016, down 20.0% from 45 days last September. Median Time to Sale for Townhome/Condo was 80 days this September, versus 86 days in September 2015, a -7.0% change year-over-year.
Median Time to Contract for Single Family was down 23.5% year-over-year, going from 34 days in September 2015 to 26 days in September 2016. Median Time to Sale for Single Family was 72 days in September 2016, just a hair less than September 2015, which was 75, a decrease of 4.0%.
The number of Closed Sales for Single Family and Townhome/Condo combined for September 2016 was 1,885, up 1.3% from 1,860 in September 2015. Year-over-year, closed sales for the Single Family segment were up 1.4%, and Closed Sales for the Townhome/Condo segment were up 1.2%. New Listings for Single Family for September were 1293, a growth of 1.9% from last September, when they were 1,269. New Listings for Townhome/Condo for September 2016 were at 823, up 6.1% from 776 in September 2015.
Dollar Volume for Single Family was $342.4 million in September 2016, a 12.2% increase from $305.1 million in September 2015. Dollar Volume for Townhome/Condo was $128.0 million in September 2016, up 0.9% from $126.9 million in September 2015.
Months Supply of Inventory for Single Family continues to reflect a seller’s market, with inventory down 2.9% year-over-year, with a 3.3 month supply this September, as compared to a 3.4 month supply in September 2015.
Months Supply of Inventory for Townhome/Condo was unchanged year-over-year, with 3.8 months in both September 2016 and September 2015. Active listings for September 2016 Single Family and Townhome/Condo combined were 6,557, down 0.6% from 6,599 in September 2015.

Pinellas Realtor Organization 10/2016
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Anything Goes – Classical Musical!
Bands and Beer on the Bay
Open House – The City of St. Petersburg is holding a series of events over the coming weeks in order to loop the public in on their plans for the highly anticipated Pier District Project.
Rays Watch Party at Guy Harvey Outpost
Tampa Bay Lobster Festival
Clearwater SuperBoat National Championship & Festival
Pinellas/Clearwater Beach Real Estate Report – June 2016
Perhaps granite’s top competitor, engineered quartz offers the beauty of stone without the maintenance. It’s tougher than granite, and it’s highly resistant to scratching, cracking, staining and heat. Unlike granite, which offers the unique qualities of natural stone, engineered quartz is largely uniform; because it’s engineered, there’s no choice of one-of-a-kind slab. There are, however, a number of colors and designs available — from stark modern whites to options closely resembling marble. And, because engineered quartz is non-porous, it never has to be sealed like natural stone.
Soapstone is an attractive, natural quarried stone that ranges from light gray to green-black in color. While the material is soft and pliable, it’s also nonporous. Soapstone is also resistant to stains and acidic materials. The downside to soapstone is that it is susceptible to scratches and deep indentations. Light gray soapstone will also weather and darken over time, occasionally developing a patina finish. The material comes in smaller slabs, so seams will be visible in soapstone countertops longer than seven feet.
There’s a reason restaurants use stainless steel countertops in their kitchens. It’s heat-, rust- and stain-resistant; it’s easy to clean; and it won’t absorb or harbor even the toughest bacteria. The downside to stainless steel countertops is that they scratch easily — and they show it too. For this reason, it’s best to use a cutting board any time you’re prepping food on a stainless steel countertop. Also, it’s a good idea to choose a brushed stainless finish that will help conceal any marks. At first blush, you may think that stainless feels ultramodern or cold, but a balance of stainless steel and wood can create a warm, timeless and uber-functional kitchen.
Third Friday Music Series Safety Harbor
Clearwater Celebrates America
Caladesi State Park in Dunedin ranks No. 9 on the Top 10 List of U.S. beaches released May 26 by Dr. Stephen Leatherman.