J U L Y 2 0 2 5
Market Update
SMITH & ASSOCIATES REAL ESTATE KNOWS THE MARKET
Hillsborough experienced a notable adjustment, with the average sales price falling to $491,245, down from $524,374 in June. Closed sales dipped to 1,753 transac ons, compared to 1,849 the prior month, while days on market rose to 53 from 51, extending a trend of lengthening marke ng mes.
Pinellas moved in the opposite direc on, with the average sold price climbing modestly month-overmonth to $510,619, though s ll trailing the $536,541 average of July 2024. A total of 1,398 homes sold, down from 1,499 in June, and new lis ngs contracted slightly to 1,836.
This environment offers buyers one of the most favorable posi ons in recent years, with greater choice and sellers more inclined to nego ate.
If you are considering a move this year, aligning with Smith & Associates means access to the region’s greatest exposure, proven exper se, and seasoned nego a on strategies, ensuring your real estate goals are met with success.
With the right real estate expert and strategy, today’s shi ing dynamics can be turned into opportuni es.
2,139 New Lis ngs 1.04%
FromJune 2025
1,753 Homes Sold 5.19%
4.81%
6.51% Decrease FromJune 2025
$
491,245
6.37% Decrease FromJune 2025
53 Days On Market
3.92%
127 New Lis ngs 12.39%
22.12% Increase FromJune 2025 Increase FromJuly2024
185 Homes Sold
5.71% ▲
3.35% Increase FromJune 2025 Increase FromJuly2024
186 Homes On Market
4.62%
6.29% Decrease FromJune 2025 Increase FromJuly2024
192 Days On Market
8.47%
6.67% Increase FromJune 2025 Increase FromJuly2024
PINELLAS
1,836 New Lis ngs 3.87%
1.72% Decrease FromJune 2025 Increase FromJuly2024
1,398 Homes Sold 6.74%
7.72% Decrease FromJune 2025 Decrease FromJuly2024
$
510,619
4.83% Increase FromJune 2025 Decrease FromJuly2024
67 Days On Market
1.52%
2025
PINELLAS $1M+
JULY 2025 MONTHLY MARKET REPORT
123 New Lis ngs 13.38%
7.52% Decrease FromJune 2025 Decrease FromJuly2024
158 Homes Sold
5.33%
11.27% Increase FromJune 2025 Increase FromJuly2024
228 Homes On Market 14.61%
6.17% Decrease FromJune 2025 Decrease FromJuly2024
157 Days On Market
11 35% 2 48%
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