December 2016 - Downtown St. Pete Home & Condo Stats
December 2016 looks like a neutral market for Downtown St. Pete real estate. The number of for sale listings was up 7.1% from one year earlier and down 3.7% from the previous month. The number of sold listings increased 11.8% year over year and increased 18.8% month over month. The number of under contract listings was up 27% compared to the previous month and up 23.7% compared to the previous year. The Months of Inventory based on Closed Sales is 4.7, down 4% from the previous year.
The Average Sold Price per Square Footage was up 13.8% compared to the previous month and up 4.3% compared to last year. The Median Sold Price decreased by 1.8% from last month. The Average Sold Price also increased by 8.9% from last month. Based on the 6 month trend,...
