Pinellas County Homes for Sale Declining Steadily
ADDED August 20, 2009
1 COMMENTS
The number of Pinellas County homes for sale dropped for the forth month in a row! In June, the Pinellas MLS and our graph below show that absorption rates for single family homes rose to a whopping 7% for condos and 11.1% for single family Pinellas County homes for sale.
Pinellas MLS Statistics:
What’s really encouraging for the Pinellas real estate market is that we are approaching the number of sales we experienced in the latter half of 2006. And there are even very preliminary indications that Pinellas County home values are beginning to stabilize, but it’s much too soon to tell for sure.
Keep in mind that even when prices do stabilize, experts agree that it’s going to be a long FLAT road for years to come.
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August 26, 2009 at 2:44 pm, Mary Dado said:
That’s because Matt and Julia Fishel are out there making it happen! You guys are amazing!