123 new real estate properties in St Petersburg, Florida have been added to Ofirio in the last 7 days.
Of those new properties:
St Petersburg, Florida has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 3% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 1%. Homes in St Petersburg, Florida are on the market for 83 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the Furnished segment and it is 35% ($652,114) more than the week prior.
The average closing price for real estate in St Petersburg Florida has grown by 1% from the last week, which amounted to $763,016.
As of January 2023 St Petersburg, FL is a seller market which means homes sell faster at a higher price. In January 2023, 65 homes (23.6%) sold at asking price, 185 homes (67.3%) sold below asking price, and 25 homes (9.1%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price increased by 6.1% from $320,000 in January 2022 to $339,500 in January 2023. The number of homes sold in St Petersburg, FL has decreased by 41.8% over the last year from 426 in January 2022 to 248 homes in January 2023.
Homes in St Petersburg, FL have sold for 6.7% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $273.