The number of single family homes put on the market in May is the highest since April 2011.
The median sale price for a single family home is the highest it’s been since September 2008, and has increased 20.5% from the same time last year.
The market is slowly growing stronger. As prices increase, more homeowners will find themselves in a position to sell their home, therefore increasing inventory and possibly bringing us into a balanced market.
Click here to view Pinellas County Real Estate Statistics for May 2013.