Pinellas County Real Estate Market Statistics
Hillsborough County Real Estate Market Statistics
About these market statistics....
Boating is a very popular past time in Saint Petersburg, and Shore Acres is a prime area for recreational boating as well as more “serious” pursuits such as fishing for redfish and mangrove snapper.
If you are looking for dockage and do not have a home on the water, you can join the St Pete Yacht Club and take advantage of the private marina on Snell Isle. This marina has boat slips, lifts, and supplies such as bait, ice, etc. Unfortunately, it is not open to the public. You do have to be a member of the Yacht Club.
There are a few boat ramps conveniently locate close to Shore Acres. The closest boat ramp is located just east of Shore Acres on the mainland at Crisp Park. A second boat ramp can be found just off 1st Street at Coffee Pot Park. Both parks do require you to go under short bridges, so be sure to check your nautical charts for clearance information.
The two local Realtor organizations, the Pinellas Realtor Organization, and Greater Tampa Realtors, release market statistics each and every month.
These statistics are compiled for the previous month since that is the most recent full picture of data.
For example, the statistics package that was released in April would be for completed sales and homes listed in March.
In addition, we do not compared a month to the previous month, because over the course of a year there is a natural ebb and flow to the real estate cycle. Here in Tampa Bay, we have slow months around the start and end of the school year. So comparing July to August is almost always going to show the same trend.
Instead, we compare year to year. So for example, we would compare sales data from June 2020 to June 2019.
This helps us to clearly identify long term market trends.
If that timeframe seems a little long to you, rest assured that the estate market is very slow to change direction or move. Many times it will take months for a new trend to develop or show itself. So the comparison to the previous year’s numbers in most cases works perfectly fine.
And in cases where it doesnt, I’ll be sure to mention it in the video.
If you would like to be updated when I release a new video, as well as recieve a copy of these statistics, you can sign up for my statistics email list below.