$10,000 Closing Credit*
$2,500,000
4,168 SqFt
4 Beds
•4 Full Baths, 1 Partial
Julianne Williams, Listing Office: CAPSTONE REALTY & ASSOCIATES
Is Pinellas County, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pinellas County was a Seller's Market.
Key Takeaway
Pinellas County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Pinellas County, FL
How much do homes in Pinellas County, FL cost?
Median Sold Price
$414,244
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,808(+4.5%)
Key Takeaway
Homes in Pinellas County have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Pinellas County was $414,244 in November 2024, up 4.5% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175.2K | $167K | -4.7% |
| 2 Bedrooms | $309.3K | $311.8K | +0.8% |
| 3 Bedrooms | $459.9K | $476.9K | +3.7% |
| 4 Bedrooms | $640K | $689.6K | +7.8% |
| 5+ Bedrooms | $988.5K | $1.0M | +5.5% |
Summary: Pinellas County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.7%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Counties
| Pinellas County | $396.4K | $414.2K | +4.5% |
| Pasco County | $329.9K | $339.8K | +3.0% |
| Hillsborough County | $394.2K | $405.8K | +2.9% |
Housing Supply in Pinellas County, FL
How many homes are available in Pinellas County, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7,507 | 8,358 | +11.3% |
Summary: The Pinellas County real estate market had 8,358 homes for sale in November 2024, a 11.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 636 | 713 | +12.1% |
| 2 Bedrooms | 3,044 | 3,402 | +11.8% |
| 3 Bedrooms | 2,566 | 2,844 | +10.8% |
| 4 Bedrooms | 950 | 1,052 | +10.7% |
| 5+ Bedrooms | 311 | 347 | +11.6% |
Summary: The Pinellas County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 11.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,020 | 1,069 | +4.8% |
Asking Price vs. Sold Price
792 Homes Were Sold
Under Asking
189 Homes Were Sold
At Asking
88 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pinellas County, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.
Summary: A total of 1,069 homes were sold or pending in Pinellas County in November 2024, up by 4.8% month-over-month. Of the 1,069 sold homes, 74% were sold under asking, 18% were sold at asking, and 8% were sold over asking.
Days on Market for Pinellas County, FL
How long does it take to sell a home in Pinellas County, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 62 Days | +69.3% |
Summary: Homes in Pinellas County had an average of 62 days on market in Nov 2024, up by 69.3% compared to last year.
Breakdown of Home Sale Times
486 Homes Were Sold
Under 30 Days
304 Homes Were Sold
In 30 - 90 Days
278 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pinellas County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1069 homes were sold in Pinellas County; 45% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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