Real Estate Market Update for
33704 (St Petersburg, FL)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 27% from one year earlier and down 6% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just over 450-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was 340-thousand dollars. Overall, The number of units sold Increased 39% year-over-year and Increased 8% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 33704 (St Petersburg, FL)
Area Information for 33704 (St Petersburg, FL)
Community Character:Stable Population, Moderate Residential Turnover, Coastal Area, Suburb of Tampa
Population:15,999
Median Age:44.48 yr
Median Commute Time:16.99 mins
Educational Climate*:4
Recycling Likelihood**:104
Sales Tax:7%
Population Density:4,126/sq mi
Population Change Since 2000:-4%
Closest Airport:St Petersburg-clearwater International
Closest College:Eckerd College
Closest Jr. College:St Petersburg Coll
Median Household Income:$61,780
Annual Residential Turnover:17.95%
Median Years in Residence:2.93 yr
Median Home Sales Price:$189,950
Closest Major Sports Team:Tampa Bay Devil Rays
Change Avg. Household Income Since 2000:38%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 33704 (St Petersburg, FL)
Median Age: 44.48Married: 41%Number of Households: 7,581Households with Children: 1,857
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)