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PROFARM Neighborhood Advocates
Q4 2016 Stats (March 2017)

Greetings!

Florida Realtors® recently released the 2016 fourth quarter (October through December) real estate market statistics for the state. I wanted to give you an overview of how our area is performing.

The single family homes real estate markets in Pinellas, Hillsborough and Pasco Counties finished out strong in 2016. Median Sale Price continued to rise through the end of the year in all three counties. Closed Sales in Hillsborough County were up and held about even in Pinellas and Pasco. Pinellas rebounded from being down in Quarter 3 of 2016 year-over-year in Closed Sales.

Inventory has shrunk year-over-year for the fourth quarter in Pinellas and Pasco, but Hillsborough is finally showing signs of an increase in Active Listings (Inventory). Median Days to Contract was down in the Pinellas, Hillsborough and Pasco markets, though the year-over-year margin started to soften in the fourth quarter of 2016.

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 4 2016 Statistics Release for the Single Family Home Market Segment:

  • Closed Sales: Slightly up for Pinellas County; up for Hillsborough County and down only slightly for Pasco County for Quarter 4 2016 from Quarter 4 2015. 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.
  • Pinellas County: 3,351 Closed Sales Q4 2016 vs. 3,271 Closed Sales Q4 2015, a 2.4% increase
  • Hillsborough County: 4,641 Closed Sales Q4 2016 vs. 4,225 Closed Sales Q4 2015, a 9.8% increase
  • Pasco County: 2,335 Closed Sales Q4 2016 vs. 2,340 Closed Sales Q4 2015, a 0.2% decrease
  • Median Sale Price: Up for Pinellas County, Hillsborough County and Pasco County for Quarter 4 2016 from Quarter 4 2015. The median is the midpoint; half the homes sold for more, half the homes sold for less.
  • Pinellas County: $218,000 Median Sale Price Q4 2016 vs. $185,000 Median Sale Price Q4 2015, a 17.6% increase
  • Hillsborough County: $225,000 Median Sale Price Q4 2016 vs. $205,000 Median Sale Price Q4 2015, a 9.8% increase
  • Pasco County: $185,000 Median Sale Price Q4 2016 vs. $160,000 Median Sale Price Q4 2015, a 15.6% increase
  • Inventory (Active Listings): Down for Pinellas County and Pasco County and up just slightly for Hillsborough County for Quarter 4 2016 from Quarter 4 2015. 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.
  • Pinellas County: 3,288 Active Listings Q4 2016 vs. 3,317 Active Listings Q4 2015, down 0.9%
  • Hillsborough County: 4,382 Active Listings Q4 2016 vs. 4,364 Active Listings Q4 2015, up 0.4%
  • Pasco County: 2,217 Active Listings Q4 2016 vs. 2,491 Active Listings Q4 2015, down 11.0%
  • Median Days to Contract: Down for Pinellas County, Hillsborough County and Pasco County for Quarter 4 2016 from Quarter 4 2015. 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. Another good indicator for sellers and a tool for buyers to understand how to reach their goals in a hot market.
  • Pinellas County: 29 Days Q4 2016 vs. 31 Days Q4 2015, a 6.5% decrease
  • Hillsborough County: 32 Days Q4 2016 vs. 39 Days Q4 2015, a 17.9% decrease
  • Pasco County: 30 Days Q4 2016 vs. 41 Days Q4 2015, a 26.8% decrease

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

There is always a special kind of excitement in the weeks leading up to the race. Our city’s streets are turned into a 1.8 mile racetrack along the waterfront. The track has 14 turns and goes past the Dali Museum, Mahaffey Theatre, around Pioneer Park, along the waterfront past the St Petersburg Harbor & Marina and onto the runways of Albert Whitted Airport. The races include Verizon IndyCar Series, Pirelli World Challenge, Speed Energy Stadium Super Trucks, Indy Lights & Pro Mazda. It has been fun to walk down the middle of the downtown city streets with partial track walls closing in on both streets. I have lived here for 11 years now & I still find all of this so cool.

People come from all over the world to see this race. Some watch from the track stands, others watch from their boats, and some watch from their condos balconies. Of course, it will also be shown on national TV. I will go into the grounds on Friday where one can see the cars up close & sometimes even meet the drivers before or after their practice & qualifying runs.  On Sunday, I will be on the top floor of my parents’ condo building watching with great glee as the race speeds past the building on 2 sides with 2 hairpin turns. Yes, it IS noisy but oh, so awesome!

You can purchase tickets & get more info at  http://gpstpete.com/  in advance or at the gate.

I am so excited. After a long 58 year break, the St Petersburg Yacht Club Habana Sailing Race has been re-instated this year. The fleet of boats left the St Petersburg harbor this morning at 10am and will sail 284 nautical miles to arrive at the Hemingway Marina in Havana on Thursday, March 2nd. On Saturday there will a Nautical Parade & the Torreon de la Chorrera Regatta to Morro Castle.

castillo-3

photo by Annalisa Weller July 2015

The Micara, a Cuban boat with all Cuban sailors, is among the 81 yachts & 550 sailors.

In 1929 George S. Gandy, Jr., a well known yachtsman and son of the builder of the first bridge across Tampa Bay, sailed his 36′ ketch Cynosure to Havana.  There he met with Commodore Rafael Posso of the Habana Yacht Club and the St. Petersburg-Habana yacht race was born.

The first race started off The Pier in St. Petersburg March 30, 1930 and finished at Morro Castle at the Habana harbor entrance. Eleven boats participated and was won by the schooner Haligonian owned by Houston Wall of Tampa.  The race was sailed over the same route from 1930 through 1959 with the exception of three years of World War II, when the race was cancelled, and 1958 when political conditions in Cuba required the fleet to go to Miami. The last race in 1959 race had 37 yachts participating.

Glad to see it back! Wishing you smooth sailing.

Please come join us this evening for networking, eating, drinking & visiting the Museum of Fine Arts at a reduced price. Held on the steps of the museum-right across the street from our Coastal Properties Group-Christie’s International Real Estate office on Beach Drive in downtown St Petersburg. Last month, a great time was had by all.

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On Valentine’s Day,

You’ve given roses, flowers, balloons, candy & jewelry. Why not not give your sweetheart a diamond of a house for Valentine’s Day?

This 3 bedroom, 2 bathroom Shore Acres home in St Petersburg is all remodeled and ready for you to move in. I’ll even add a big red bow! Happy Valentine’s Day!!

https://www.trulia.com/property/3223754998-1766-Maryland-Ave-NE-Saint-Petersburg-FL-33703

Grateful Dead-Themed Pub & Lounge has opened in St Petersburg, Florida. Grateful Fed is on the ground floor of Urban Style Flats at 300 10th Street South. For late night, the restaurant will be one of the first St Pete places to offer homemade food until 4am, but will deliver food until 5am. What? Now that could be really good. I know some pub-crawlers, students, swing shift employees & service workers from pubs, restaurants & bars who will definitely like that!

The idea for this is Sean Ford, former executive chef at Tryst. He saw the possible need for late night comfort and healthy food in the city’s downtown area. Serving burgers and wings but also some healthier things like red quinoa/grilled vegetable burrito with alfalfa sprouts, heirloom tomato and avocado. I notice that there is a Grateful Fed in Kelowna, British Columbia, Canada too. I wonder if they are connected.

“The restaurant scene has expanded in St Pete, but not for late night workers or those wanting healthy delivery,” said Ford in a press release. “It’s nearly impossible to eat healthy after hours and no one delivers commissary.”

Grateful Fed also has a small store stocked with some snacks, toiletries and the like. The store will deliver until 5am. A full liquor bar will serve some signature cocktails and craft beers.

The Sunshine City bringing eclectic small business downtown. Go St Pete!!

Current hours:
Monday through Thursday: 4pm-4am
Saturday through Sunday: 12pm-4am
Delivery available until 5am Monday through Thursday, Saturday and Sunday

To learn more about the concept follow Grateful Fed on Facebook.

Tibetan monks with horns Florida CraftArt st petersburg

Sacred Art Tour of Tibetan Monks 2017

From January 31-February 5th, Florida CraftArt welcomes eight exiled Tibetan Buddhist Monks from the Drepung Gomang Monastery in India who will create a Sacred World Peace Sand Mandala that was designed by the Dalai Lama and depicts all religions in harmony.

World Peace Sand Mandala

Saturday, February 4, 2017 10:00am
Creation of Mandala
Sunday, February 5, 2017 12:00pm
Finalization of Mandala
Sunday, February 5, 2017 1:00pm
Dissolution Ceremony

During the closing ceremony on Sunday, February 5 at 1 p.m., the monks will dismantle the mandala, sweeping up the colored sand to symbolize the impermanence of all phenomena. It is meant to be a teaching to show that everything that exists has a beginning, a middle and an end. Then monks will then lead a procession to Tampa Bay where they will deposit the sand and perform a Buddhist blessing.

Joe Turner’s Come and Gone – Saturday & Sunday 3pm

American Stage Theatre Company at Raymond James Theatre-163 Third St. N, St. Petersburg

August Wilson’s Century Cycle, owners of a boarding house play host to a makeshift family of people with connections to slavery. Some stay days, some longer. Through Feb. 26. $39-$49.

The Golden Ticket – Saturday

Coliseum-535 Fourth Ave. N, St. Petersburg

The 86th annual All Children’s Hospital Charity Ball features dinner, dancing and an auction. Benefits Johns Hopkins All Children’s Hospital. Starts at 6 or 6:30 p.m. $250.

Frida Kahlo at The Dali     through April 17th, 2017  http://thedali.org/   downtown waterfront of St Pete

This exhibits gives us some insight into the extraordinary career and life of the great 20th century Mexican artist. More than 60 Kahlo pieces are on display, including 15 paintings, seven drawings and numerous personal photographs from the celebrated female artist. The outdoor portion of the exhibition includes a special collection of flowers and plants representative of those in Kahlo’s own garden at Casa Azul. I have been lucky enough to visit her beloved Casa Azul in the Coyoacán district of Mexico City with a dear friend. I was in cielo (or heaven)!

 

 

Happy New Year!  ¡Feliz año nuevo! Frohes neues Jahr! Bonne année! Feliz Ano Novo!

Ευτυχισμένο το νέο έτος! Athbhliain faoi mhaise daoibh! Godt nytt år! Manuia le tausaga fou!

Felice anno nuovo! 新年快乐!Xīnnián kuàilè!  明けましておめでとうございます!

Do you need some ideas on where to celebrate this New Year’s Eve? From First Night to rooftop parties to white sand celebrations, here are some of the many ways to ring in the NEW YEAR:

  First Night St. Petersburg’s 24th Annual New Year’s Eve celebration of the Arts. A family-friendly event featuring live music, entertainment, drama, dance, games, art, fireworks, musical petting zoo, a poetry celebration at Studio@620 and a New Year’s Salsa at Museum of Fine Arts.  The festivities begin at 4pm and run through midnight.  Day of tickets are $15 for adults, $10 for children (6-12) and children 5 and under enjoy the events for free. http://www.firstnightstpete.com

New Year’s Eve Takes Flight at Loews Don CeSar, St Pete Beach
Have your “passport” & your imagination ready to return to the Golden Age of travel without leaving the white sands of St Pete Beach. “Experience the flavors of Havana, the revelry of New Orleans and immerse yourself in the glamour of Mumbai’s Bollywood”. Enjoy a premium open bar, action stations, hors d’oeuvres and decedant desserts throughout the entire 5th Floor of the classic 1920’s elegant Pink Hotel. Dance to the sounds of Blonde Ambition, playing top 40, pop, rock, country and cross-over Latin music hits along with our top dance DJs. Event runs from 9pm-1am. Tickets are $229 per person. Loews Don CeSar, 3400 Gulf Boulevard.

 

The Laser Comedy Show at Unscripted Theatre, St Pete
Before you ring in the New Year, see the show Chicago can’t stop talking about. Chris Fair brings his incredible improv talents to the Burg for the Laser Comedy Show, a glow in the dark etch-a-sketch show that illustrates an improvised story. Shows at 11am and 2pm. Tickets are $10 online, $15 at the door OR two tickets from $25. Unscripted Theatre, 14 18th Street South.

The Witch’s New Year’s Eve Private Party, downtown St Pete
Join the Ale and the Witch as they close out 2016 with their traditional house party. Only 60 seats are sold and the ticket enables full access to all items at the bar. Event runs from 8pm-1am. Tickets are $66 and are available for purchase at The Ale and The Witch, 111 2nd Avenue Northeast.

Toast by the Coast New Year’s Eve Party at TradeWinds, St Pete Beach
TradeWinds Island Resorts on St. Pete Beach hosts their annual gala in the Grand Ballroom, featuring an open bar, an extensive hors d’oeuvres buffet, and dancing to live music from Motel Funk. From 9pm-1am. Click HERE for more details. TradeWinds, 5500 Gulf Boulevard.

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New Year’s Eve Havana Nights at The Canopy
Join The Canopy for the hottest New Year’s Eve party in the Burg. Enjoy two floors of open bar, hors d’oeuvres, dinner buffet, live band in the grand ballroom, DJ on the rooftop and a champagne toast at midnight. Doors open at 8pm. Tickets are $182.65 in advance, $195 at the door if available. The Canopy at The Birchwood, 340 Beach Drive Northeast.

Swingin’ in the New Year at the St. Pete Coliseum
All-ages welcome to dance to the music of Mitch Woods and his Rocket 88’s Band. Balloon drop, party favors, noisemakers, chocolates, prize giveaways, cash bar. PLUS a vintage fashion photo shoot and contest, so dress accordingly! Doors open at 7:30pm, with a swing dance lesson from 8-9pm. The party continues until 1am. Tickets are $30. St. Pete Coliseum, 535 4th Avenue North.

Taste of Bavaria Party at Hofbrauhaus, St Pete
Welcome in 2017 with a taste of Bavaria featuring live German music a balloon drop and a champagne toast. Order all three of the special courses & receive a free bottle of champagne with two Hofbrauhaus flutes, midnight balloon drop and champagne toast. Click HERE to make your reservation or call 727.898.3333. Hofbrauhaus, 123 4th Street South.

DAYA at Jannus Live, downtown St Pete
High-energy dance party for anyone 18+, Oh and it’s “All You Can Responsibly Drink” for the 21 and older crowd. Music by DJ T-Quest, DJ Knex, and  DAYA. Gates open at 8pm. $20 for 18+, $30 for 21+. Click here to purchase. Jannus Live, 200 1st Avenue North.

Gatsby Gala at Mastry’s Brewing, St Pete Beach
Mastry’s Brewing Co on St. Pete Beach hosts a 1920’s-style evening featuring a new Berliner beer release called “Bubbly,” tapas, photo booth, and DJ. Free entry from 7pm-1am. Parking on-site is limited; additional parking can be found at the community center one block behind the brewery. Mastry’s Brewing, 7701 Blind Pass Road.

Marchand’s New Year’s Eve Party at The Vinoy, downtown St Pete 

Special hors d’ oeuvres from 8-8:30pm. Food stations will be open from 8:45-10pm. Food options include: seafood raw bar, beef tenderloin, herb crusted lamb, butter champagne poached lobster. The dessert at 11pm, featuring dark chocolate chambord truffles, black forest cupcakes, bourbon old fashioned bon bons, drunken cherry tartlets, passion fruit custard, broken vanilla macaroons and more. Click HERE for a full menu. $150 per person. Black tie optional. Call 727.824.8072 for reservations. The Vinoy, 501 5th Avenue North.

The 360 Rooftop Lounge at Kimpton Hotel Zamora, St Pete Beach
Unrivaled views of St. Pete Beach & the fireworks. Includes an open well bar, decadent desserts and a champagne buffet. Food and drink specials start at 4pm. The Boogie Nights rooftop celebration featuring music by The Hunks of Funk begins at 9pm. $175 all inclusive, in advance online. $250 at the door. 360 Rooftop at Kimpton Hotel Zamora, 3701 Gulf Boulevard.

****Don’t drink and drive! Use SPRides downtown or Florida Free Rides at 727.512.4765. Or use Uber and Lyft & local cab companies. Help keep everyone safer.

Happy New Year!  ¡Feliz año nuevo! Frohes neues Jahr! Bonne année! Feliz Ano Novo!

Ευτυχισμένο το νέο έτος! Athbhliain faoi mhaise daoibh! Godt nytt år! Manuia le tausaga fou!

Felice anno nuovo! 新年快乐!Xīnnián kuàilè!  明けましておめでとうございます!

 

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  Here is an overview of how our area is performing.
The single family homes real estate markets in Pinellas, Hillsborough and Pasco Counties are still looking very strong after the third quarter of 2016. Higher median sales prices, more closed sales, and faster time to contract are all good news for sellers.
Inventory has shrunk year-over-year for the second quarter. Median Days to Contract is down in the Pinellas, Hillsborough and Pasco markets, reflecting the short amount of time a home is on the market between being listed and being sold. All of this means fewer homes to choose from and a likelihood of more competition between buyers.
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 2016 Statistics Release for the Single Family Home Market Segment:

  • Closed Sales: Slightly down for Pinellas County; up for Hillsborough County and Pasco County for Quarter 3 2016 from Quarter 3 2015. 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.

o    Pinellas County: 3,709 Closed Sales Q3 2016 vs. 3,759 Closed Sales Q3 2015, a 1.3% decrease
o    Hillsborough County: 5,257 Closed Sales Q3 2016 vs. 4,928 Closed Sales Q3 2015, a 6.7% increase
o    Pasco County: 2,719 Closed Sales Q3 2016 vs. 2,648 Closed Sales Q3 2015, a 2.7% increase

  • Median Sale Price: Up for Pinellas County, Hillsborough County and Pasco County for Quarter 3 2016 from Quarter 3 2015. The median is the midpoint; half the homes sold for more, half the homes sold for less.

o    Pinellas County: $219,900 Median Sale Price Q3 2016 vs. $186,000 Median Sale Price Q3 2015, an 18.2% increase
o    Hillsborough County: $224,045 Median Sale Price Q3 2016 vs. $202,000 Median Sale Price Q3 2015, a 10.9% increase
o    Pasco County: $185,000 Median Sale Price Q3 2016 vs. $157,500 Median Sale Price Q3 2015, a 17.5% increase

  • Inventory (Active Listings): Down for Pinellas County, Hillsborough County and Pasco County for Quarter 3 2016 from Quarter 3 2015. 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.

o    Pinellas County: 3,857 Active Listings Q3 2016 vs. 3,952 Active Listings Q3 2015, down 2.4%
o    Hillsborough County: 5,113 Active Listings Q3 2016 vs. 5,251 Active Listings Q3 2015, down 2.6%
o    Pasco County: 2,518 Active Listings Q3 2016 vs. 2,905 Active Listings Q3 2015, down 13.3%

  • Median Days to Contract: Down for Pinellas County, Hillsborough County and Pasco County for Quarter 3 2016 from Quarter 3 2015. 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. Another good indicator for sellers and a tool for buyers to understand how to reach their goals in a hot market.

o    Pinellas County: 27 Days Q3 2016 vs. 32 Days Q3 2015, a 15.6% decrease
o    Hillsborough County: 29 Days Q3 2016 vs. 39 Days Q3 2015, a 25.6% decrease
o    Pasco County: 29 Days Q3 2016 vs. 43 Days Q3 2015, a 32.6% 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.

© 2016 Pinellas Realtor Organization

Saturday, November 26, 2016

Shopapalooza Part II
Skip the mall & the crowds. Support the local shops & businesses. Launch the holiday shopping season!  LocalShops1’s biggest event of the year brings together locally owned shops, restaurants, art galleries, service providers, and community organizations offering great shopping discounts!  Prizes and surprises during the 7th annual LocalShops1 community festival, featuring more than 130 local businesses, artists, food trucks and nonprofits! Estimated attendance is 5,000+ shoppers each day. 10am-7pm. South Straub Park, 198 Bayshore Drive Northeast., St Petersburg,Florida

Around the World at Great Explorations Children’s Museum
A journey around the world-explore flags, foods, fun and friends from all over the globe! Make global granola, learn Chinese calligraphy, practice origami and more! 10am-2pm. Great Explorations, 1925 4th Street North, St Pete

Classes at Pinot’s Palette, 1572 Central Avenue:
Happy Snowmen
Nothing jollier than a happy snowman, except 3 happy snowmen. Come paint this cheery trio at Pinot’s Palette! Noon-2pm. $35 per painter. Jolly Christmas Lights
The Holidays come but once a year! Share it with someone special while decorating your own Christmas tree with twinkling lights. 6-8pm. $35 per painter.

St. Pete Preservation Walking Tour – Historic Kenwood
Come along on the St. Pete Preservation tour of Historic Kenwood. Volunteer guide and Kenwood resident Richard Ahlfeld will lead this tour, telling the stories of Kenwood’s founding in the early 1900’s as St. Petersburg’s first “suburb” neighborhood for year-round residents. He’ll also point out out the design details of Craftsman, Tudor, four-square, prairie, colonial, and other architectural styles that earned this neighborhood a place on the National Register of Historic Places. Runs from 10am-noon. Free to SPP members or Historic Kenwood Neighborhood Association, $10 for non-members. Begins at Craftsman House, 2955 Central Avenue.

Shop the Blocks – Grand Central District
Shop small in the Grand Central District when you visit our collection of vintage and specialty shops, bars, breweries and studios. Wear a local t-shirt and get 10% off at participating shops! From 11am-6pm. Grand Central District – Central Avenue from 16th Street to 31st Street, St Pete


Snow, Santa and Holiday Carolers at Sundial St. Pete
The courtyard at Sundial St. Pete will transform into a Winter Wonderland this Saturday. Santa will make his debut appearance at Sundial Saturday night to take photos with families and kids. Snow will cover the courtyard and magical holiday lights will illuminate downtown. 5-8pm. Sundial St. Pete, 153 2nd Avenue North.

Free Show: Dead Dove with J. Klein at Green Bench Brewing
Dead Dove is the story of love and danger in a violent wasteland created by massive solar flares that eliminate electical current, and turn humans into survivors, or savages. The rock album included is written by Dead Dove the band, and chronicles this amazing struggle against post-apocolyptic Savages, the duty of the 3 main characters Justin, Evan, and Scotter to bring Earth’s electric grids back online, and to save the world from destruction. Concert from 8-11pm. Green Bench Brewing, 1133 Baum Avenue North.

‘Tis the Season at Sundial – Santa Visits the Courtyard
The snow will be falling this season on to the Sundial courtyard! It’s time to finish your wish list and tell Santa in-person all of the toys and goodies that you would like to see under the tree. Santa will be appearing Thursdays, Saturdays and Sundays from November 27 through December 24 in the courtyard. He’ll be in the courtyard from 1-5pm on Sunday. Sundial St. Pete, 153 2nd Avenue North.

Annalisa Weller, Realtor®, Certified International Property Specialist

(727) 804-6566
AnnalisaWeller1@gmail.com

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