Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in St Pete Beach. Low rates with falling home prices makes a home purchase a great value! Call now for more information at Don: 727-365-2445 or Diane: 727-742-5701

Average Home Price $350,000 - View Graph Trend
Average Price Compared to Last Year Down 0-5%
Average Time on Market 90-120 days
Best Selling Price Range$250,000 - $299,000
Worst Selling Price Range$1,000,000+
Prices As % of Asking Price 95-100%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More buyers than sellers
Buyer Activity for the past 90 days in St Pete Beach isIncreasing
Seller Activity for the past 90 days in St Pete Beach is?Decreasing
Multiple Offers?Yes
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?45-50%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Limited Supply
Inventory CommentsCondos inventory continues to decline
Greatest Activity Investors
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in St Pete Beach!
Nearest Metro AreaTampa
Housing Hot SpotsMost cities within the Pinellas County area are considered ’Housing Hotspots’
Average Sold Price $350,000 - View Graph Trend

St Pete Beach Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Don Killam and Diane Cape
Don Killam and Diane Cape
     Don: 727-365-2445 or Diane: 727-742-5701
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Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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Don Killam and Diane Cape
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Don Killam and Diane Cape
Future Home Realty
Future Home Realty

  Don: 727-365-2445 or Diane: 727-742-5701




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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