Is Pinellas Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pinellas Park has remained a Seller's Market.
Housing Prices in Pinellas Park, FL
How much do homes in Pinellas Park, FL cost?
Median Sold Price
$325,041
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Pinellas Park was $325,041 in May 2024, up 2.2% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129K | $130.5K | +1.2% |
2 Bedrooms | $270K | $266.3K | -1.4% |
3 Bedrooms | $350.9K | $365K | +4.0% |
4 Bedrooms | $400K | $407.5K | +1.9% |
5+ Bedrooms | $845K | $657.5K | -22.2% |
Summary: Pinellas Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Cities
Saint Petersburg | $400K | $439.9K | +10.0% |
Pinellas Park | $318K | $325K | +2.2% |
Largo | $340K | $335.3K | -1.4% |
Housing Supply in Pinellas Park, FL
How many homes are available in Pinellas Park, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
310 | 307 | -1.0% |
Summary: The Pinellas Park real estate market had 307 homes for sale in May 2024, a 1.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 13 | -23.5% |
2 Bedrooms | 146 | 146 | 0.0% |
3 Bedrooms | 112 | 118 | +5.4% |
4 Bedrooms | 29 | 23 | -20.7% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Pinellas Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.5%, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
68 | 73 | +7.4% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 73 homes were sold or pending in Pinellas Park in May 2024, up by 7.4% month-over-month. Of the 73 sold homes, 59% were sold under asking, 26% were sold at asking, and 15% were sold over asking.
Days on Market for Pinellas Park, FL
How long does it take to sell a home in Pinellas Park, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 37 Days | +38.8% |
Summary: Homes in Pinellas Park had an average of 37 days on market in May 2024, up by 38.8% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 73 homes were sold in Pinellas Park; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.