My New Blog

As of 12/19/2008, there are 23,207 active listings in Pinellas, Pasco and Hillsborough Counties and 4,474 of these are in a foreclosure situation.

Total Listings in Pasco, Pinellas and Hillsborough Combined are as follows for current vs the prior period: 23,391/23,818/24,305/24,059/24,298/24,312 Active listings plus 2,998/3,209/3,355/3,302/3,363 pending and 18,768/18,529/18,416/18,157/18,227/18,207 sold 12 months ending 11/30/2008. Average sales price/Days on Market is $231,897/129 DOM vs $295,577/140 DOM vs $249,894/103 vs $254,507/103 DOM vs $255,721.

For the month of November 2008, 1,307 sold listings with an average sale price of $192,236 and 145 DOM for single family homes in Pinellas, Pasco and Hillsborough vs October sales of 1,634 $193,356 average sale price and 99 DOM.

Looking at a typical 3 bedroom, 2 bath home between 1,200 - 2,100 sf in Pinellas County over the past 90 days:

Currently 397 sales @ $198,561/89 DOM vs 469 sales at $201,470/83 DOM vs 418 sales at $215,203/89 DOM vs 419 sales at $214,942/87 DOM vs 433 sales at $217,528/89 DOM vs 433 homes average sold price of $219,745/89 DOM vs 438 homes with an average sale price of $221,241.

Above Statistics based on single family homes listed and sold in MLS only.

Sponsored by Associated Appraisal Group, Inc. - appraising real estate in Pinellas, Pasco and Hillsborough Counties.

This is for all real estate appraisers that want to fight the HVCC that is going to start in a few months. 

If you are currently working with any of the 100's of AMC's that have literally popped up overnight and you are discounting your regular fee more than a 10-20% referral fee, please e-mail me on how we can all band together to get our professional industry back in line. We, all the hard working appraisers, are the professionals that should be controlling the industry.

please e-mail me at paul.amirto@associatedappraisalgroup.com

I'm currently gathering up the MLS activity for October and should be reporting in the next day or two.