Local Market Insight CondoTH 33785 Sept 2019

Local Market Insight CondoTH 33785 Sept 2019, updated 10/15/19, 8:26 PM

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About Barb Dinda Ulrich

Pinellas Beaches Real Estate Expert for ​Keller Williams Gulfside Realty.

Barb has enjoyed the last 38 years living in our beautiful Gulf Beach communities. She spent her childhood in South Tampa. In her free time, Barb most enjoys spending time with her friends and family: daughter 21, and son, 19, relaxing at their Condo on Indian Rocks Beach or embracing art and culture in vibrant Downtown St. Pete. Barb truly loves people-  listening and learning about her clients goals and working to assure that she exceeds their expectations. It's really all about the client, and providing personalized, discretionary service. Almost 100% of Barb's clients are former buyers or sellers she represented or referrals from clients, friends, family.

Barb feels so fortunate to work in a business she enjoys so much. 

Mobile: (727) 251-1954
 

Tag Cloud

September 2019
33785 - Condo/Co-op/TH
Presented by
BARB ULRICH
KELLER WILLIAMS GULFSIDE RLTY
Email: barb@barbulrichrealty.com
Work Phone: 727-251-1954
Mobile Phone: 727-251-1954
New Listings
24
14.3%
-11.1%
from Aug 2019:
21
from Sep 2018:
27
YTD
2019
2018
+/-
245
254
-3.5%
5-year Sep average: 26
New Pendings
21
-32.3%
-12.5%
from Aug 2019:
31
from Sep 2018:
24
YTD
2019
2018
+/-
250
244
2.5%
5-year Sep average: 22
Closed Sales
22
-4.3%
57.1%
from Aug 2019:
23
from Sep 2018:
14
YTD
2019
2018
+/-
194
208
-6.7%
5-year Sep average: 20
Median
Sold Price
$445,000
-12.7%
4.7%
from Aug 2019:
$510,000
from Sep 2018:
$425,000
YTD
2019
2018
+/-
$433,300 $428,750 1.1%
5-year Sep average: $381,850
Summary
In 33785, the median sold price for Condo/Co-op/TH properties for
September was $445,000, representing a decrease of 12.7%
compared to last month and an increase of 4.7% from Sep 2018. The
average days on market for units sold in September was 85 days, the
same as the 5-year September average of 85 days. There was a
32.3% month over month decrease in new contract activity with 21
New Pendings; a 9.3% MoM decrease in All Pendings (new contracts
+ contracts carried over from August) to 39; and a 1.4% increase in
supply to 71 active units.
This activity resulted in a Contract Ratio of 0.55 pendings per active
listing, down from 0.61 in August and an increase from 0.45 in
September 2018. The Contract Ratio is 18% higher than the 5-year
September average of 0.47. A higher Contract Ratio signifies a
relative increase in contract activity compared to supply, and indicates
the market is moving in the seller's favor. A lower Contract Ratio
signifies a relative decrease in contract activity compared to supply,
and indicates the market is moving in the buyer's favor.
Active Listings
71
Min
71
Max
122
5-year Sep average
71
92
Aug 2019
Sep 2018
70
82
Avg DOM
85
Min
67
Max
110
5-year Sep average
85
85
Aug 2019
Sep 2018
YTD
138
81
82
Avg Sold to
OLP Ratio
93.9%
Min
93.6%
Max
95.6%
5-year Sep average
93.9%
94.6%
Aug 2019
Sep 2018
YTD
92.0%
95.6%
94.3%
Copyright © 2019 MarketStats by ShowingTime. All Rights Reserved.
Data Source: Stellar MLS. Statistics calculated October 08, 2019.
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