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St. Petersburg FL Real Estate News and Blog

2017 Pinellas County Real Estate Market Statistics


  August 2017      Change from July 2017
Average single family home sales price      $300,000 Down 3.5%
Average condominium sales price $234,000 Up 2.2%
List to Sale Price Difference 97% Same
Average Days on Market 53 Up 2
Properties For Sale 4,903 Down 2.6%
Pending Properties 2,255 Up 14.1%
Sold Properties 2,018 Up 1%

St. Pete Condo vs Home...Which Makes More Sense?

St. Petersburg FL Condo vs, Home

Owning a vacation home or second home is very popular in St. Petersburg, FL. DWELL Real Estate represents a lot of out of town buyers looking to purchase a vacation home in the sunshine state. People are typically seeking a getaway in the sun and near the beach.

Many people like the idea of having two properties in different locations. The primary home is typically up north where the weather gets cold in the winter. The secondary or vacation home is here in sunny Florida where it is used maybe three to six months out of the year. These buyers enjoy the prospect of having a fantastic vacation home and then they want to spend the rest of their time in their familiar hometown setting. It’s...

Tips to Handling Multiple Offers

Multiple Offers - If you are a seller:

Handling multiple offers in St. Petersburg, FL

"If you think it's expensive to hire a professional, wait until you hire an amateur."

The above statement is so true when your home sale becomes complicated. It’s possible you may be faced with multiple competing offers to purchase your property. Each situation is different so there is no one best strategy when handling multiple offers. Sit down with your Realtor and discuss the various options. Here are the more common ones:

  • Just accept the best offer and not mess around with a lot of back and forth negotiation
  • Let all buyers know that there are other offers on the table and tell them to put their best foot forward...

Should You Allow a Buyer to Move in Prior to Closing?

Possession of real estate usually transfers from seller to buyer at closing. However, in some instances, the buyer asks the seller for early possession of the property. This happens because the buyers may have closed on their house and need a place to live or they are simply just very excited to get their life started in their new home. 

In short, from my real estate experience, you should not let a buyer move in before closing. If you decide to let a buyer take possession of your St. Petersburg home or condo before closing you should be aware of the risks. Consider these actual scenarios

St. Petersburg, FL home burned down1) A listing Realtor and the buyer's agent were both happy that their transaction was going smoothly....

Just Sold By DWELL

Below are recently sold homes and condos that DWELL Real Estate was fortunate enough to be involved in this year. If you are thinking of buying or selling in the Pinellas or Hillsborough County area we would be happy to help you. Just call us 727.485.0144 or contact us here.

August 2017

265 115th Ave - Treasure Island

Sold By: Julie Lane  |  List Price: $319,000  |  Sold Price: $315,000

Central air conditioned front unit with 2 bedrooms and 1 bath. Rear unit 1 bedroom 1 bath can be used as attached...