Is Pinellas Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$317,875
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Pinellas Park was $317,875 in March 2024, down 1.5% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128K | $125K | -2.3% |
2 Bedrooms | $278.8K | $259.7K | -6.9% |
3 Bedrooms | $355K | $357.5K | +0.7% |
4 Bedrooms | $410K | $397K | -3.2% |
5+ Bedrooms | $534K | $830K | +55.4% |
Summary: Pinellas Park housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 55.4%.
Median Sold Price Compared To Nearby Cities
Saint Petersburg | $399.9K | $434.8K | +8.7% |
Pinellas Park | $322.5K | $317.8K | -1.5% |
Largo | $344.4K | $330.4K | -4.1% |
Housing Supply in Pinellas Park, FL
How many homes are available in Pinellas Park, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
278 | 311 | +11.9% |
Summary: The Pinellas Park real estate market had 311 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 14 | +16.7% |
2 Bedrooms | 142 | 153 | +7.7% |
3 Bedrooms | 89 | 101 | +13.5% |
4 Bedrooms | 31 | 38 | +22.6% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Pinellas Park housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
52 | 66 | +26.9% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Pinellas Park in March 2024, up by 26.9% month-over-month. Of the 66 sold homes, 73% were sold under asking, 15% were sold at asking, and 12% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 31 Days | -20.1% |
Summary: Homes in Pinellas Park had an average of 31 days on market in Mar 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 66 homes were sold in Pinellas Park; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.