What's Selling In Pinellas County?

It's fun to have a big sale. Nothing like getting that "big deal" to close. Right? Right.

Thing is, big deals may not be where it's at in real estate anymore in Pinellas County.

During the month of August, 2007, those luxury single-family homes costing over $700,000 accounted for only 3.89% of residential sales in the county. By contrast, properties selling for $200,000 to $400,000 represented 46.67% of the county's sales.

Here's the breakout by price category ...

$99,999 or less: 8.34%
$100,000 to $199,999: 35.74%
$200,000 to $299,999: 26.30%
$300,000 to $399,999: 12.78%
$400,000 to $499,999: 7.59%
$500,000 to $599,999: 3.15%
$600,000 to $699,999: 2.22%
$700,000 to $799,999: 0.93%
$800,000 to $899,999: 0.37%
$900,000 to $999,999: 0.74%
$1,000,000 and up: 1.85%

Seems like most of the real estate action is from $100,000 to $400,000 doesn't it?

For more information on real estate in Pinellas County, visit my website at http://www.thestpeterealestatesite.com/.

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