Is Pinellas Park, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pinellas Park is a seller's market

Buyer's
Market

Difference Since September 2020

Since last year, Pinellas Park has remained a Seller's Market.

Key Takeaway

Pinellas Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Pinellas Park, FL cost?

Median Sold Price

$241,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2020

+$37,020(+18.1%)

Key Takeaway

Homes in Pinellas Park have sold for 18.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2020Sep 2021%
1 $65K$79.2K
+21.9%
2 $169.3K$209.5K
+23.7%
3 $230K$270K
+17.4%
4 $265K$328K
+23.8%
5+ $370K$447K
+20.8%

Median Sold Price Compared To Nearby Cities

Kenneth City
+147.1%
Saint Petersburg
+21.8%
Largo
+18.4%
Pinellas Park
+18.1%

How many homes are available in Pinellas Park, FL?

Number of Homes For Sale

Aug 2021Sep 2021%
256238-7.0%

Homes For Sale By Bedroom Count

# BEDSAug 2021Sep 2021%
1 1210
-16.7%
2 10698
-7.5%
3 10295
-6.9%
4 2528
+12.0%
5+ 117
-36.4%

Number of Homes Sold

Aug 2021Sep 2021%
8367-19.3%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pinellas Park, you may be able to get a good deal. 40.3% of homes here sold below asking price last month.

Average Sale Time

Sep 2020Sep 2021%
25 Days12 Days-51.4%

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pinellas Park are selling fast, if you're buying plan to act quickly.

About Pinellas Park, FL

Pinellas Park, FL has 238 homes on the market. The number of listings in Pinellas Park, FL decreased by 7% between August 2021 and September 2021. While the average time on the market in September 2021 was 12 days, the median list price was $241,000. From August 2021 through September 2021, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 21.9%, prices of 2 bedrooms properties increased by 23.7%, 3 bedrooms properties prices increased by 17.4%, 4 bedrooms properties became 23.8% more expensive, prices of 5 bedrooms properties went up by 20.8%. Housing inventory have changed in this real estate market: number of 1 bedroom homes decreased by 16.7%, volume of 2 bedrooms homes went down by 7.5%, 3 bedrooms homes became 6.9% less available, 4 bedrooms homes became 12% more available, 5 bedrooms homes inventory decreased by 36.4%. While more than 24 listings in Pinellas Park, FL in September 2021 were sold above asking price, there were more than 16 listings sold at asking price, and more than 27 were sold below.

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