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Market Update for Downtown St Petersburg condos July 2012

Tower at the Renaissance Vinoy Resort

Landmark tower at The Vinoy

 

Market Update for downtown St Petersburg condos through July 2012:

On August 1st, 23 downtown St Petersburg condos were listed in the MLS, slightly over 1% of the 2,000+ condominium units in downtown St Pete. This is the same number as last month, but not all the same units! 24 condos sold in downtown St Pete during July 2012, so you can see that we have about a one month supply of condos for sale.  The sold condos ranged from $55,000 for one at Flori de Leon to $1,440,000 for a townhome at Vinoy Place. The average sale price during July was $492,792.

The 23 condos available on August 1st range from $69,900 for a 707 sq ft unit at Flori de Leon to $3 Million for a penthouse at Vinoy Place. The average price is $938,229. A breakdown of prices on the available condos follows:  

Under $100,000:  1 condo
$100,000-$200,000: 1 condo
$200,000-$300,000: 2 condos
$300,000-$400,000:  5 condos
$400,000-$500,000: 2 condos
$500,000-$750,000: 2 condos
$750,000-$1 Million: 3 condos
$1 Million-$2 Million:  5 condos
Over $2 Million:  3 condos

Search downtown St Pete condos for sale here.

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