May 18, 2013

Florida Property Values

Real Estate Values in Tampa and St. Petersburg

Compare properties in this interactive photo gallery

What will $200,000, $500,000 and $1,000,000
buy in Tampa / St. Petersburg?

The region is nearing a five-year low in available-home listings. In 2007, after the housing bubble burst, there were 18,000 homes on the market in Pinellas County. Now there are 8,000, closer to a typical six-month inventory. Despite fewer listings, home values haven’t risen; concerns persist that a new wave of foreclosures is on the way. The region’s median sales price dipped 9% in 2011 to $120,600. On the positive side, the waterfront condo market throughout the region is picking up. “I believe you can say there’s a slight improvement in the market,” says Jim Selvey, past president of the Greater Tampa Association of Realtors. “But there’s still a long way to go.”

Click any photo to enlarge:

$200,000 $500,000 $1,000,000

Clearwater
Square Feet: 1,802
Bedroom/Baths: 4/2
Age: 35 years
Selling Price: $211,900

This home, on a cul de sac, has a newer roof and a kitchen with new cabinets, granite countertops and stainless steel appliances.


St. Pete Beach
Square Feet: 2,160
Bedroom/Baths: 3/2½
Age: 42 years
Selling Price: $500,000

Fronting Boca Ciega Bay, the home has an updated kitchen, travertine floors and a dock and boat lift.

Tampa
Square Feet: 5,253
Bedroom/Baths: 5/4½
Age: 4 years
Selling Price: $1,033,000

The south Tampa home has marble and wood floors, a theater room and a wet bar.




Tags: Housing/Construction

Florida Business News

Florida Trend Video Pick

Disney helps young cancer patients become princesses for a day
Disney helps young cancer patients become princesses for a day

The girls all have leukemia. Chemotherapy, long hospital stays and sometimes surgery consume their days.

But for a few hours Wednesday, they became royalty.

Earlier Videos

Ballot Box

Do you believe climate change - a.k.a. global warming - is caused by man?

  • No - this is a natural cycle
  • Unsure
  • Yes - undoubtedly

See Results

Ballot Box
Register