As of October 28, 2010, there are 17,734 available single family homes. Additionally, there are 5,858 under contract. Of these, 11,125 are listed as distressed and is actually slightly higher as many Realtors do not reflect their listing as distressed. As you can see, a higher percentage of contracts go to the distressed properties which is consistent with the appraisals were are handling these days.
Over the last 90 days there have been 11,768 listings entering the market vs the same period last year of 11,794 listings.
There have been 5,230 sold listings over the past 90 days vs 6,557 same period last year. This is just over 20 increase over last year.
Looking at a typical 3 bedroom, 2 bath home between 1,200 - 2,100 sf in the past 90 days:
Pinellas: 442 sales with a median sale price of $157,250/$99.20 per sf of 1,600 and 45 DOM.
Pasco: 233 sales with a median sale price of $115,500/$70.05 per sf of 1,610sf and 50 DOM.
Hillsborough: 186 sales with a median sale price of $119,950/$76.75 per sf of 1,568 sf and 20 DOM.
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