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Pinellas County Housing Monthly Indicators–October

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As we round out the remaining two months of the year, let’s recap. Most markets shed listings, resulting from strong sales and sluggish seller activity. There has been a general easing of foreclosures and short sales, meaning distressed listings are dragging prices down less than in recent years. So it’s both about market fundamentals and market composition.

Once again, closed sales and median sales prices (one-year changes) were up in October. Check out what else the data tells us about real estate in October 2012.

Pinellas Realtor Organization’s October’s Monthly Indicators…

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