My New Blog

New statistics came out from our local board. March sales volume and sales price is up slightly from March 2008. Good sign. Condos are still taking a beating. I have gone through this type of market several times and it is all psychologically driven. Condos should be relatively close to the bottom. Single family homes in Pinellas & Hillsborough are at or near the bottom. Pasco I think has a little more to go to smooth out the rough spots.

As of today we have 28,696 listings between the three counties with 2,931 pending sales and 17,045 sold listings with an average sales price of $275,126. It is still 20 months of listing inventory though.

I'll give a county by county count of single family homes over the weekend.

Enjoy your weekend and Happy Mothers Day!!!