Tag: tampa bay

Melissa Yardy: Real Estate Prices in Pinellas Bump Up

Melissa Yardy St. Pete Beach

Tampa Bay Times quoted today that “Hundreds more homes sold across Tampa Bay last month than the year before, as tight supplies sent prices rising and helped the market build in strength.”  CoreLogic said this week that there is a nationwide surge as values climb and supplies dwindle after the market’s six-year slump.  American home prices rose 5 percent in September, the biggest yearly increase since 2006.

In St. Pete Beach and Treasure Island statistics show a rise in condo sales:


Number Sold
Average Sale Price

Time Period
September – Novemeber 2011 23 $253,000
September – Novemeber 2012 51 $258,000

As well as single family home prices:


Number Sold
Average Sale Price

Time Period
September – Novemeber 2011 31 $541,000
September – Novemeber 2012 28 $623,000

Inventory is at a 6 year low, making it a good time to list and sell your property in the upcoming seasonal market, January through May.  For more local real estate information visit www.MelissaYardy.com

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