Thursday, June 20, 2013

Pinellas County sales strong in May...+22.8%


Pinellas County is enjoying a robust market. Sales in May up +22.8% over last year, listings up +16.6%, average sales price up +7.9%, and sales occurring at 94.5% of list price. Inventory is down by -12.7% to less than 4.5 months supply. With distressed homes removed,  the figure is closer to 2 months supply.

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