
The Pinellas Realtor Organization has released the May Real Estate statistics. The highlights include:
- The number of single family homes put on the market in May 2013 is the highest since April of 2011.
- Single Family homeowners are slowly gaining confidence and some may be finding that their homes are now "above water" in terms of what they owe on their mortgage.
- With such low inventory levels and the number of buyers looking to purchase, prices are being driven up. The median sales price for a single family home is the highest its been since September 2008.