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.”

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$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.

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