Pinellas County Florida Feb 2018 Real Estate Market Stats

[Jeff Copeland]

So much for a cooling off of the Tampa area real estate market!

February stats for Pinellas County (St Petersburg & Clearwater being the two major cities) were just released. Some highlights:

1. The Pinellas County real estate market is continuing to see higher sale prices and units moving at a faster rate...compared to February 2017.

2. The Median Sale Price for Single FamilyHomes was up by an impressive 10.0% from last year, at $244,250 for February 2018 versus $222,000 for February 2017. 

3. The Average Sale Price for Single Family Homes leaped from $286,417 in February 2017 to $318,139 in February 2018. 

4. Inventory continues to shrink, with Months Supply of Inventory down 7.1% year-over-year for Single Family Homes,

   with a 2.6 Month Supply this February, as compared to a 2.8 Month Supply in February 2017.

Monthly stats for Pinellas County are available at http://pinellasrealtor.org/statistics/. 

Stats for Hillsborough County (Tampa) are available at https://tamparealtors.org/resources/market-stats/