$10,000 Closing Credit*
$995,000
2,538 SqFt
3 Beds
•2 Full Baths, 1 Partial
Paul Simon, Listing Office: COASTAL PROPERTIES GROUP INTERNATIONAL
Is Greater Pinellas Point, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Greater Pinellas Point has remained a Seller's Market.
Key Takeaway
Greater Pinellas Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greater Pinellas Point, FL
How much do homes in Greater Pinellas Point, FL cost?
Median Sold Price
$430,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$30,000(+7.5%)
Key Takeaway
Homes in Greater Pinellas Point have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Greater Pinellas Point was $430,000 in August 2024, up 7.5% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $173.5K | -11.0% |
| 2 Bedrooms | $335K | $350K | +4.5% |
| 3 Bedrooms | $439.9K | $504K | +14.5% |
| 4 Bedrooms | $599.9K | $657K | +9.5% |
| 5+ Bedrooms | $1.1M | $3.1M | +176.1% |
Summary: Greater Pinellas Point housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 176.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Lakewood Estates | $430K | $485K | +12.8% |
| Greater Pinellas Point | $400K | $430K | +7.5% |
Housing Supply in Greater Pinellas Point, FL
How many homes are available in Greater Pinellas Point, FL?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 108 | 100 | -7.4% |
Summary: The Greater Pinellas Point real estate market had 100 homes for sale in August 2024, a 7.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 34 | 34 | 0.0% |
| 3 Bedrooms | 50 | 42 | -16.0% |
| 4 Bedrooms | 14 | 10 | -28.6% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Greater Pinellas Point housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greater Pinellas Point, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Greater Pinellas Point in August 2024, down by 16.0% month-over-month. Of the 21 sold homes, 76% were sold under asking, 14% were sold at asking, and 10% were sold over asking.
Days on Market for Greater Pinellas Point, FL
How long does it take to sell a home in Greater Pinellas Point, FL?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 36 Days | 60 Days | +66.8% |
Summary: Homes in Greater Pinellas Point had an average of 60 days on market in Aug 2024, up by 66.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greater Pinellas Point are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 21 homes were sold in Greater Pinellas Point; 48% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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