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Old Northeast Neighborhood Market Update

OldNortheastMap

Old Northeast Map

The Old Northeast remains one of the most popular neighborhoods in St. Petersburg. Its charming homes, from small bungalows to grand showplaces, appeal to many who don’t care for cookie-cutter environments. Most of the neighborhood enjoys shady tree-lined streets, many of them paved in old brick, hexagon sidewalks, lovely landscaping and creative architectural styles. With the downtown waterfront park system running adjacent, it’s a place that invites its residents to get out and enjoy outdoor activities. Its proximity to downtown, bustling with entertainment and cultural activities, and its easy access to the interstate system, make it even more attractive.

Officially, the Old Northeast runs from 5th Avenue N to 30th Avenue N and from 4th Street east to the water. There are “purists” who insist that it runs only from 1st Street to the water, and stops at 22nd Ave N, often referred to as “Historic Old Northeast.” The area from 1st Street east to Coffee Pot Bayou and from 22nd Avenue to 30th Avenue has its own designation as Historic Granada Terrace, and the grid from 22nd Avenue to 30th Avenue between 1st and 4th Streets is often completely disregarded in the conversation.

Home Sales in the Old Northeast

We took a look at the last five years’ historical data, as well as the current year to date, to satisfy our curiosity about market trends. For the exercise, we broke the whole neighborhood into four grids as described above, and confirmed that Read the rest of this entry »

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