St. Pete-Clearwater Housing Market Even-keeled in April

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"Steady does it" says the Pinellas Realtor Organization in reference to the St. Pete and Clearwater, Florida housing markets for the month of April 2014.
 
Pinellas Realtor Organization CEO David Bennett reports that year over year for the month of April closed sales are down 1%, but closed sales have steadily increased in the last four months since January of this year.
 
A total of 640 more homes were sold this April than in January and 154 more homes were sold in April than in March. Cash sales may be down 4.4% year over year, but they have also steadily increased over the last four months. There were 322 more cash sales in April than in January.  New Listings have slowly increased over the last three months and show a positive 4.8% change year over year.
 
Single Family Homes Stats (percent change year over year)
 

• Closed sales are up 3.3%
• Cash sales are up 1.8%
• New pending sales are up 9.7%
• New listings are up 8.3%
• Median sales price is up 3.7%
• Median days on market is up 11.5%
• Inventory is up 9.8%
• Foreclosure closed sales are up 15.1%
• Short sale closed sales are down 37.3%

 
Townhomes/Condos (percent change year over year)
 

• Closed sales are down 6%
• Cash sales are down 9.5%
• New pending sales are down 2.2%
• New listings are down 0.5%
• Median sales price is up 4.3%
• Median days on market is up 5.8%
• Inventory is up 1%
• Foreclosure closed sales are up 20.7%
• Short sale closed sales are down 50%