Real Estate Market Update for 33716 (St Petersburg, FL)
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Welcome to January's Market Update. Let's take a look at residential real-estate activity in your area during the month of January. The number of active listings was up 59% from one year earlier and did not change from the previous month These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month... was just under 90-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 9% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 50-thousand dollars. The number of units sold Decreased 64% year-over-year and Decreased 17% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. 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 33716 (St Petersburg, FL)
Area Information for 33716 (St Petersburg, FL)
  • Community Character: Nearby Military Facility(ies), Growing Population, High Residential Turnover, Coastal Area, Suburb of Tampa
  • Population: 14,786
  • Median Age: 47.41 yr
  • Median Commute Time: 18.96 mins
  • Recycling Likelihood**: 127
  • Sales Tax: 7%
  • Population Density: 1,798/sq mi
  • Population Change Since 2000: 23%
  • Closest Airport: St Petersburg-clearwater International
  • Closest College: Clearwater Christian College
  • Closest Jr. College: Remington Coll Pinellas
  • Median Household Income: $52,225
  • Annual Residential Turnover: 31.38%
  • Median Years in Residence: 1.85 yr
  • Median Home Sales Price: $70,950
  • Closest Major Sports Team: Clearwater Threshers (a)
  • Change Avg. Household Income Since 2000: 24%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33716 (St Petersburg, FL)
Median Age: 47.41 Married: 30% Number of Households: 8,037 Households with Children: 1,186
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 (St Petersburg, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 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.