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%
2025
1,753 Homes Sold 5.19%
FromJune 2025
6.51%
$
491,245
2025
53 Average Days On Market 3.92%
FromJuly2024
186 New Lis ngs
2025
92 Homes Sold
1,348 Homes On Market
2025
FromJune 2025
68 Average Days On Market
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
67 Average Days On Market 1.52%
PINELLAS $1M+
JULY 2025 MONTHLY MARKET REPORT
228 New Lis ngs 14.6%
Decrease FromJune 2025 Decrease FromJuly2024
123 Homes Sold 12.7%
Decrease FromJune 2025 Decrease FromJuly2024
1,699 Homes On Market 1.73%
Decrease FromJune 2025 Increase FromJuly2024
98
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