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St. Petersburg FL Real Estate Blog

St. Pete Beach vs. Clearwater Beach - Where do you belong?

St. Pete Beach vs Clearwater Beach

Since DWELL expanded from Sarasota north to our sister-city St. Petersburg early this year, we have been interacting much more frequently with buyers looking to be closer to Tampa in the vibrant area of St. Pete/Clearwater. Let’s take a closer look at the differences between the small beach towns of St. Pete Beach & Clearwater beach, so you can find the place that’s best for you!

Demographics of St. Pete Beach vs. Clearwater Beach Area

 

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Just Sold in St. Petersburg, FL

Below are recently sold homes and condos in St. Petersburg, Florida that DWELL Real Estate was fortunate enough to be involved in this year. We were a little late in blogging this information so many of our sales are not here. We are only mentioning these sales to help educate you on the local real estate market (not to be braggadocious ;-)). 

If you are thinking of buying or selling in St. Petersburg, Sarasota, Bradenton, Sarasota, Bradenton, Bellaire, Clearwater, Downtown St. Pete, Indian Rocks Beach, Largo, Madeira Beach, Old Northeast...

September 2018 Downtown St. Pete Real Estate Market Update

September 2018 is a Neutral market! The number of for sale listings was down 16.6% from one year earlier and up 11.5% from the previous month. The number of sold listings decreased 31.6% year over year and decreased 49% month over month. The number of under contract listings was down 2.8% compared to previous month and up 29.6% compared to previous year. The Months of Inventory based on Closed Sales is 5.2, up 21% from the previous year.

The Average Sold Price per Square Footage was up 8.9% compared to previous month and down 7.3% compared to last year. The Median Sold Price increased by 15.3% from last month. The Average Sold Price also decreased by 3% from last month. Based on the 6 month trend, the Average Sold Price trend is "Neutral" and the Median Sold Price trend is "Appreciating".

The Average Days on Market showed a downward trend, a decrease of 56.6% compared to previous year. The ratio of Sold Price vs. Original List Price is 98%, an increase...

September 2018 Pinellas County Real Estate Market Update

September 2018 is a Seller's market! The number of for sale listings was up 7.3% from one year earlier and up 4.5% from the previous month. The number of sold listings increased 3.8% year over year and decreased 18.6% month over month. The number of under contract listings was down 3.8% compared to previous month and up 56.8% compared to previous year. The Months of Inventory based on Closed Sales is 3, up 3.5% from the previous year.September 2018 Pinellas County Real Estate Stats

The Average Sold Price per Square Footage was the same as compared to previous month and up 6.3% compared to last year. The Median Sold Price decreased by 1.5% from last month. The Average Sold Price also decreased by 2.3% from last month. Based on the 6 month trend,...

4 Quirky Houses in Tampa Bay

For the person who shuns the standard three-bedroom, two-bathroom ranch house, here are some quirkier homes you might want to check out.

TAMPA BAY, FL -- For the person who shuns the standard three-bedroom, two-bathroom ranch house, here are some quirkier homes you might want to check out.

2917 Sunset Way - St. Pete Beach

4 Quirky Homes For Sale in Tampa BayThe Alamar is a custom-built, three-story waterfront home on Pass-A-Grille Beach in St. Petersburg that was designed with a modern flair by renowned Florida architect Michael Dedmore. This five-bedroom, 5,915-square-foot house was built from...

St. Pete’s ‘Glass House’ condo hits market for $3.1 million

For a limited time, you could own the loftiest penthouse in the Tampa Bay area.

Glass House, a tri-level condo in downtown St. Petersburg’s Signature Place, just went on the market for $3.1 million. Spanning the 34th through 36th floors, it will be the area’s most skyward condo until the 41-story ONE St. Petersburg tower is completed later this year.

Since listing the unit last week, "I’ve already had two showings with potential,’’ agent Becky McConnell said.

The seller, who is building a home on Snell Isle, is asking $1.265 million more than he paid for the condo three years ago. He has not made any changes to the 4,177-square-foot unit, which had undergone a massive renovation by its previous owners, interior designer Rob Bowen and Bob Glaser, CEO of Smith & Associates Real Estate.

St. Pete’s ‘Glass House’ condo hits market for $3.1 million...

Pros and Cons of Condo Living

Pros and Cons of Condo LivingLiving in a downtown St. Pete condo can offer an exciting maintenance-free lifestyle, including luxury amenities that may not be available with single-family home living.  Many seek condo living for the magnificent views and metropolitan lifestyle. Is condo living for you? Here are a few things to consider:

Storage: Many forget about this aspect of condo living. Are you a packrat? Condo living may not be for you. Many buildings offer owners private storage for bikes, boxes, Christmas trees etc. It it something to think about if you are considering a downtown condo.

Noise:  Just remember that you...

The Most Expensive St. Pete Home For Sale

Have you ever driven by that huge mansion and wonder what it's like inside? Take a walk through the the most expensive home for sale in St. Petersburg. 

14275 Siesta Road, Largo, FL 

Follow this link to see more information. If this home sells or is taken off the market then this link may not work. 

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  Asking Price     $11,900,000  
  Square Feet   17,599

Downtown St. Pete August Market Update



Below is a chart showing inventory level, pended and sold properties in downtown St. Pete. Actually, it is for zip code 33701. Which includes homes and condos in nearby neighborhoods.

The data above shows that there were 38.9% more downtown properties sold in August of 2018 versus July of 2018. There are about 25% fewer downtown homes and condos for sale when comparing August 2018 to August 2017. For the same time period there were 28.2% more sold properties. When comparing the current quarter versus the same quarter in 2017 there is about 25% fewer properties for sale and 23% fewer sold properties. 

August 2018 is a Seller's Market in Downtown St. Pete

The number of for sale listings was down 24.7%...

Pinellas County Real Estate Market Update



The chart below shows home and condo market statistics for all of Pinellas county. 

August 2018 is a Seller's market! The number of for sale listings was up 2.5% from one year earlier and up 1.2% from the previous month. The number of sold listings increased 4.5% year over year and increased 5.6% month over month. The number of under contract listings was up 5.6% compared to previous month and up 4.3% compared to previous year. The Months of Inventory based on Closed Sales is 2.4, the same as the previous year.

The Average Sold Price per Square Footage was up 0.5% compared to previous month and up 5.6% compared to last year. The Median Sold Price increased by 3.6% from last month. The Average Sold Price also increased by 2.9% from last month. Based on the 6 month trend, the Average...