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Nationwide existing-home sales increased in October after six straight months of decreases according to the National Association of REALTORS®. Closed Sales for Single Family were up 8.8%, with 1,121 in October 2018 versus 1,030 in October 2017. Dollar Volume for Single Family Homes saw a 17.7.0% increase from $306.3 million
in October 2017 to $360.6 million in 2018. Dollar Volume for Townhome/Condo increased 30.1% year-over-year, with $134.5 million in October 2017 compared to $175.1 million in October 2018.

The Median Sale Price for Single Family Homes was up by 13.3% from last year, at $259,900 for October 2018 versus $229,450 for October 2017. The Median Sale Price for Townhomes/Condos was $162,750 for October 2018, up 8.6% from
$149,900 in October 2017.
The Average Sale Price for Single Family Homes rose 8.2% from $297,387 in October 2017 to $321,704 in October 2018. The Median Time to Contract for Single Family Homes was 30 days in October 2018, down 3.2% from 31 days last October. The Median Time to Sale for Single Family Homes was 68 days this October, down 10.5%
from 76 days last October. The Months Supply of Inventory for Single Family Homes increased 11.5% year-over-year, with a 2.9 Month Supply this October, as compared to a 2.6 Month Supply in October 2017.
New Listings for Single Family for October 2018 were 1,433, up 9.2% from October 2017 at 1,312. The Active Listings for Single Family Homes rose 9.9% from 2,985 in October 2017 to 3,280 in October 2018. Paid in Cash sales for Single Family increased 10.3%, from 301 in October 2017 to 332 in October 2018.

The Average Sale Price for Townhome/Condo was $248,653 in October 2018, up 20.0% from $207,280 in October 2017. The Median Time to Contract for Townhome/Condo market was 29 days in October 2018, down 14.7% from 34 days October 2017. The Median Time to Sale for Townhome/Condo market was 68 days in October 2018 and 75 days in October 2017, down 9.3%. The Months Supply of Inventory for Townhome/Condo
rose 7.1% at 3.0 months in October 2018 from 2.8 months in October 2017. New Listings for Townhome/Condos for October 2018 were at 942, up 9.4% from 861 in October 2017. Active Listings for Townhomes/Condos were up 5.6% from 2,111 in October 2017 to 2,230 in October 2018. Closed Sales for the Townhome/Condo segment increased 8.5% year-over-year, at 649 in October 2017 versus 704 in October 2018. Paid in Cash sales for
Townhome/Condo increased 3.9%, from 361 in October 2017 to 375 in October 2018.

Representing almost 8,000 members, the Pinellas Realtor® Organization is one of the Tampa Bay area’s largest professional trade associations. The organization advances and promotes the real estate profession through professional development programs, government affairs, and political advocacy and maintains a high standard of conduct by real estate professionals through professional standards training and administration.

Oct 2018 Stats

Source: Florida Realtors

Oct 2018 Monthly Stats

For more information on these stats, home buying or home selling in the St Pete to Clearwater area, please feel free to contact me. Thanks so much.

This is a short & sweet infograph explaining some of the many things that professional Realtors do for buyers and seller. There are approximately 180 different items that we do in each transaction, depending on the situation. Below is from Keeping Current Matters.

5 Reasons to Love Using A RE Pro [INFOGRAPHIC] | Keeping Current Matters

 

  • Hiring a real estate professional to guide you through the process of buying a home or selling your house can be one of the best decisions you make!
  • They are there for you to help with paperwork, understanding the process, negotiations, and helping you with pricing (both when making an offer or setting the right price for your home).
  • One of the top reasons to hire a real estate professional is their understanding of your local market and how the conditions in your neighborhood will impact your experience.

 

This a great checklist to read & keep if you plan to move from one country to another. Take a deep breath, tackle one thing at a time and remind yourself that you can do it!

from    https://www.justlanded.com/english/United-States/USA-Guide/Moving/Before-you-move?sf154660322=1

Preparing everything to move to another country involves much more than simply packing. If you do not plan in advance, you may have many difficulties when you arrive (or even be refused to enter the country).

 

from   https://www.justlanded.com/english/United-States/USA-Guide/Moving/Before-you-move?sf154660322=1

 

 

PROFarm_3Qstats_postcard 2017 WEB (1)

 

PROFARM Neighborhood Advocates
Q3 2017 Stats (Nov. 2017)

Florida Realtors® recently released the 2017 quarter 3 real estate market statistics for the state. I wanted to be sure you had an overview of how our area is performing.

The Single Family Home and Townhome/Condo real estate markets in Pinellas County continue to thrive in the third quarter of 2017. Median Sale Price continued to rise in both segments. Closed Sales were down for Single Family for the first time in months. It’s highly possible that the hurricanes in September are the cause for this.

Median Sale Price for the third quarter was up for both Single Family and Townhome/Condo in Pinellas County. Median Days to Contract was down year-over-year for Q3 in both segments, meaning that properties are going to contract faster now than this time last year.

As your local REALTOR® and Neighborhood Advocate, I am your resource for data that affects our communities and your property value. Homeownership affordability and accessibility is a cornerstone of the REALTOR® advocacy efforts at every level – local, state and national.

Here are some highlights from the Florida Realtors® Quarter 3 2017 Statistics Release for Pinellas County for the Single Family Homes & Townhome/Condo Market Segments:

 

Closed Sales: Down for Pinellas County Single Family Homes and just slightly up for Townhome/Condo for Quarter 3 2017 from Quarter 3 2016. This statistic is a good indicator of the overall health of the market, and successful closed sales mean a win-win for both buyers and sellers.

  • Single Family Homes: 3,340 Closed Sales in Q3 2017 vs. 3,694 Closed Sales in Q3 2016, a 9.6% decrease
  • Townhome/Condo: 2,138 Closed Sales in Q3 2017 vs. 2,131 Closed Sales in Q3 2016, a 0.3% increase

 

Median Sale Price: Up for Pinellas County in both Single Family Homes and Townhome/Condo for Quarter 3 2017 from Quarter 3 2016. The median is the midpoint; half the homes sold for more, half the homes sold for less.

  • Single Family Homes: $240,000 Median Sale Price in Q3 2017 vs. $220,000 Median Sale Price in Q3 2016, a 9.1% increase
  • Townhome/Condo: $152,750 Median Sale Price in Q3 2017 vs. $132,500 Median Sale Price in Q3 2016, an 15.3% increase

 

Inventory (Active Listings): Down for Pinellas County in both Single Family Homes and Townhome/Condo for Quarter 3 2017 from Quarter 3 2016. When inventory is low, there are fewer houses on the market and buyers are often competing for homes or have a tougher time finding a home that suits their exact needs. Flexibility, planning and preparation are key to being able to make an offer on a home when you do find what you’re looking for.

  • Single Family Homes: 3,027 Active Listings in Q3 2017 vs. 3,275 Active Listings in Q3 2016, a 7.6% decrease
  • Townhome/Condo: 2,097 Active Listings in Q3 2017 vs. 2,410 Active Listings in Q3 2016, a 13% decrease

 

Median Days to Contract: Down for Pinellas County for Single Family and Townhome/Condo for Quarter 3 2017 from Quarter 3 2016. The midpoint of the number of days it took for a property to receive a sales contract during that time. The faster a home goes to contract, the less time it is on the market for sale. This statistic is another good indicator for sellers and a tool for buyers to understand how to reach their goals in a hot market.

  • Single Family Homes: 22 Median Days to Contract in Q3 2017 vs. 27 Median Days to Contract in Q3 2016, an 18.5% decrease
  • Townhome/Condo: 34 Median Days to Contract in Q3 2017 vs. 41 Median Days to Contract in Q3 2016, a 17.1% decrease

 

If you would like to discuss the market statistics further, or would like me to keep you informed, I would welcome the opportunity to provide monthly stats for you. Please don’t hesitate to email me at AnnalisaWeller1@gmail.com or call me at 727-804-6566 if I can be of service. Thank you so much!
© 2017 Pinellas Realtor Organization

Annalisa Weller, Realtor®, Certified International Property Specialist

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