Real Estate Market Update for 33716 (Saint Petersburg, FL)

Video: Real Estate Community Tour for 33716 (Saint Petersburg, FL)

See Real estate community tour for 33716 (Saint Petersburg, FL)
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 6% from one year earlier, and up 9% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just under 110-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 30%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 250-thousand dollars. The number of units sold increased 30% year-over-year, and increased 8% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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.
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Map Information for 33716 (Saint Petersburg, FL)
Area Information for 33716 (Saint Petersburg, FL)
  • Population: 19,160
  • Median Age: 34.94 yr
  • Median Commute Time: 20 mins
  • Educational Climate*: 5
  • Sales Tax: 7%
  • Population Density: 2,635/sq mi
  • Population Change Since 2000: 59.92%
  • Closest Airport: St Pete-clearwater International
  • Closest College: Saint Petersburg College
  • Closest Jr. College: Hillsborough Community College
  • Median Household Income: $51,460
  • Annual Residential Turnover: 36%
  • Median Home Sales Price: $75,000
  • Closest Major Sports Team: Tampa Bay Rays
  • Change Avg. Household Income Since 2000: 20.56%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33716 (Saint Petersburg, FL)
Median Age: 34.94 Married: 26% Number of Households: 10,405 Households with Children: 1,860
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      Local Weather for 33716 (Saint Petersburg, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.