Is Pinellas Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$320,000
$244/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Pinellas Park was $320,000 in April 2024, the same as last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $131K | +4.8% |
2 Bedrooms | $277K | $259.7K | -6.2% |
3 Bedrooms | $353.9K | $364.6K | +3.0% |
4 Bedrooms | $410K | $399K | -2.7% |
5+ Bedrooms | $534K | $797.5K | +49.3% |
Summary: Pinellas Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 49.3%.
Median Sold Price Compared To Nearby Cities
Saint Petersburg | $400.1K | $436.9K | +9.2% |
Pinellas Park | $320K | $320K | 0.0% |
Largo | $340K | $331.7K | -2.4% |
Housing Supply in Pinellas Park, FL
How many homes are available in Pinellas Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
308 | 320 | +3.9% |
Summary: The Pinellas Park real estate market had 320 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 17 | +30.8% |
2 Bedrooms | 145 | 160 | +10.3% |
3 Bedrooms | 107 | 106 | -0.9% |
4 Bedrooms | 40 | 31 | -22.5% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Pinellas Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 30.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 22.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 67 | -1.5% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 67 homes were sold or pending in Pinellas Park in April 2024, down by 1.5% month-over-month. Of the 67 sold homes, 63% were sold under asking, 24% were sold at asking, and 13% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 32 Days | -28.7% |
Summary: Homes in Pinellas Park had an average of 32 days on market in Apr 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 67 homes were sold in Pinellas Park; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.