Affordable Pinellas Waterfront Homes Hit Bottom?!

Aacck! Pinellas Waterfront property that’s affordable – under $350K – is just about impossible to find.   We’ve had that sense for awhile, yet today it was confirmed after spending hours scouring Pinellas waterfront homes for sale from Crystal Beach FL down to Clearwater under $600K for a couple of buyer clients. 

I had the sense I was picking at a Thanksgiving turkey carcass.  Sorry - that’s disgusting – yet that’s the first thought I had and I’m sticking with it.   Pinellas Waterfront Homes Availability Like a Turkey Carcass .. yuck!

HOLY COW – I mean TURKEY!  That explains why our phones are ringing off the hook recently for our  Pinellas waterfront homes that have been ‘active with contract’ or ‘pending sales’ in the Pinellas MLS.  There’s practically nothing left except the picked over remains OR those rare listings that haven’t been noticed by most agents due to a glitch in the somewhat recent upgrade of the MLS system.  HA!  (We confess we are competitors and love having an edge in this regard).  Yet….  

I’m frustrated that finding homes for these buyers and meeting their expectations is going to be challenging. 

I’m OVERJOYED for this slap in the face realization that there aren’t many affordable Pinellas waterfront homes left.   Why?   I’m going out on a limb here, yet, trust me, it’s a great indicator that we’ve perhaps hit the bottom in this segment of the market.   Call it a fluke – or a sign of good things to come. 

Time will tell and we’ll keep you posted.   ~ Julia

If you’re looking to buy or sell Pinellas County Real Estate (Tampa Bay), Florida – Give Julia & Matt Fishel @ Keller Williams Realty a Call today at (727)366-0324 or...Contact Us!

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