{"id":424,"date":"2025-06-26T15:12:59","date_gmt":"2025-06-26T15:12:59","guid":{"rendered":"https:\/\/pamlombardrealtor.com\/?p=424"},"modified":"2025-06-26T15:12:59","modified_gmt":"2025-06-26T15:12:59","slug":"is-the-market-shifting-what-may-2025-stats-reveal-about-pinellas-county-real-estate","status":"publish","type":"post","link":"https:\/\/pamlombardrealtor.com\/?p=424","title":{"rendered":"Is the Market Shifting? What May 2025 Stats Reveal About Pinellas County Real Estate"},"content":{"rendered":"\r\n<p><img alt=\"\" alt=\"\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-427\" src=\"https:\/\/pamlombardrealtor.com\/wp-content\/uploads\/2025\/06\/Pinellas-market-solds-300x69.png\" alt=\"\" width=\"300\" height=\"69\" \/><br \/>The May 2025 numbers are in for Pinellas County real estate, and the data suggests we are seeing signs of a shifting market. Here are the key takeaways for buyers, sellers, and investors:<br \/><br \/>\ud83d\udcc9 Home Prices Are Adjusting<br \/>Median Sale Price for single-family homes dropped to $460,000, down 5.2% from May 2024.<br \/><br \/>The average sale price also fell to $607,862, a 6% decrease year-over-year.<br \/><br \/>This correction presents opportunities for buyers who had been priced out in previous months, especially with inventory on the rise.<br \/><br \/>\ud83c\udfd8\ufe0f Inventory &amp; Buyer Choice Expanding<br \/>Active listings jumped to 4,182, up 40.3% from last year.<br \/><br \/>Months supply of inventory rose to 5.0 months, a sign of a market slowly moving from seller-favored to balanced conditions.<br \/><br \/>\ud83d\udd52 Homes Taking Longer to Sell<br \/>Median time to contract: 32 days (up 23.1%)<br \/><br \/>Median time to sale: 70 days (up 11.1%)<br \/><br \/>If you\u2019re a seller, strategic pricing and marketing are now more important than ever.<br \/><br \/>\ud83d\udcb0 Cash Buyers Still Active<br \/>34.4% of sales were paid in cash.<br \/><br \/>Cash sales rose 2.6% YOY, signaling continued investor confidence in our market.<br \/><br \/>\ud83d\udd04 Pending Sales &amp; Listings Stay Steady<br \/>New pending sales: 1,005 (up 7.3%)<br \/><br \/>New listings: 1,365 (steady year-over-year)<br \/><br \/>\ud83d\udccc Whether you\u2019re buying or selling, the market is no longer red-hot\u2014but it\u2019s far from cold. Let\u2019s talk strategy based on your goals.<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>The May 2025 numbers are in for Pinellas County real estate, and the data suggests we are seeing signs of a shifting market. Here are the key takeaways for buyers, sellers, and investors: \ud83d\udcc9 Home Prices Are AdjustingMedian Sale Price for single-family homes dropped to $460,000, down 5.2% from May 2024. The average sale price [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"gallery","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-424","post","type-post","status-publish","format-gallery","hentry","category-uncategorized","post_format-post-format-gallery"],"_links":{"self":[{"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=\/wp\/v2\/posts\/424","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=424"}],"version-history":[{"count":6,"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=\/wp\/v2\/posts\/424\/revisions"}],"predecessor-version":[{"id":462,"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=\/wp\/v2\/posts\/424\/revisions\/462"}],"wp:attachment":[{"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pamlombardrealtor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}