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Single Family Home Prices Up 16.3% Over A Year Ago

Single family home prices up 16.3% over a year ago here in Pinellas County Florida. This is great news for everyone! Seeing our economy come back is indeed a wonderful thing. While homeowners are getting more for the home they are selling, with the extremely low interest rates, home buyers are realizing that they need to get on board since the trend is UP for the foreseeable future.

While there are relatively few foreclosures on the market in our area, those that are available have seen a 24.8% price increase, meaning foreclosures are no longer such a great deal. Most foreclosures I have seen have been remodeled by the banks, making them easier to sell for more money. Hence the drastic price increase over just one year ago.

With single family home prices up 16.3% over a year ago here in Pinellas County Florida I have to say what I have been saying for some time: The time to buy is NOW.

 

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Buying or Selling - - Call Barbara-Jo for all of your real estate needs! - - 727-755-3292

barbara jo roberts berberi, realtor
Ich Spreche Deutsch!!!  
TRC

Barbara-Jo Roberts Berberi, MA

Charles Rutenberg Realty

Serving the Greater Palm Harbor Florida Area, including Crystal Beach, Ozona, Clearwater, Dunedin, Safety Harbor & Tarpon Springs Florida & surrounding area

Waterfront condos & homes
relocation, investment, upsizing, downsizing

Your Real Estate Specialist

727-755-3292 (Barbara-Jo)


visit my website to see all  current listings
www.barbarajo.com


connect with me online

If you are thinking of purchasing in the Palm Harbor, Crystal Beach, Safety Harbor, Dunedin, Tarpon Springs area or along our pristine Gulf Beaches, give me a call! With years of experience in the local real estate market, I am here to assist you in making one of the most important purchases of your life! Give me a call today! Find out for yourself why living along the Gulf Coast is indeed living in Paradise!  727-755-3292

Comments (8)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Great to see you in the rain again.  Miss seeing you for awhile.  Make it a great day!

 

Oct 20, 2016 03:27 AM
Pat Champion
John Roberts Realty - Eustis, FL
Call the "CHAMPION" for all your real estate needs

You are right now is the time to buy not later. Unfortunately, in our market area the inventory is low. Thanks for sharing I hope you have a great afternoon.

Oct 20, 2016 04:01 AM
Fred Hernden, CMI
Superior Home Inspections - Greater Albuquerque Area - Albuquerque, NM
Albuquerque area Master Inspector

Welcome home! I hope you enjoyed your time in Germany.... now get back to work! 

Oct 20, 2016 05:27 AM
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Barbara Jo, That is a huge jump up in prices and buyers need to foloow your advice and get moving plus hire you to help. 

Oct 20, 2016 07:06 AM
Florida Tolbert Team Keller Williams Advantage
Keller Williams Advantage III Realty in Lake Nona - Orlando, FL
Keller Williams Land Luxury Division Specialist

The time to buy is now and the time to sell is now as with prices that rise this fast, there is only one direction left to go...

Oct 20, 2016 12:00 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

This is good news for home owners in your area. Thank you for sharing 

Oct 20, 2016 09:57 PM
Roy Kelley
Retired - Gaithersburg, MD

This is very good information to share with prospective home sellers and home buyers.

Oct 21, 2016 01:42 AM
Faith LaRosse
Springer Realty Group - Limerick, PA
Serving Berks, Chester & Montgomery Counties

This sure is excellent info for your area, Barbara!

Oct 26, 2016 11:19 PM