St Petersburg FL Homes for Sale | Estelia Mesimer Check all settings on WP dashboard

Remax Metro | Top Real Estate Agent in St Petersburg

  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

727 686 2859

  • Home
  • Buy
    • Estelia’s Listings
    • Property Search
    • Buyers Center
    • Mortgage Center
  • Sell
    • Sellers Center
    • Home Valuation
    • Sold Properties
    • Selling Your Probate Home
  • About Us
    • Meet The Team
    • Videos & Testimonials
    • Top 5 Reasons to Call St. Petersburg Home
    • Top 5 Reasons to Choose Estelia Mesimer When Buying or Selling a Home
  • Blog
  • News Feed
    • St. Petersburg Bar Association
  • Contact

Real Estate Tips and Trends – Best and Worst Selling Features

May 23, 2016 by Sharon Fennell Kennedy | St. Petersburg, FL: Pinellas County Leave a Comment

sold_realtorI recently came across an interesting article published in Realtor.com (February 2016) that described the best features that help sell a home and the ones that don’t. Here are some of the report’s highlights.

Hottest Style

  • Spanish-style homes sell the quickest, spending an average of just 47 days on the market. (National average is 93 days.)
  • After Spanish-styles, traditional homes draw the attention of buyers. Although this is a broad category, savvy buyers rely on the proven resale value of these homes.
  • At the opposite end of the selling spectrum are custom homes which sold in 109 days, 17% slower than the national median.
  • When it came to comparing condos vs oceanfront homes, condos were the winners hands down, selling at just 83 days on the market. Oceanfront homes sat on the market for 98 days on average; their median price of $749,000 is not for everyone. Golf course view: 90 days and lake view: 95 days.

Stainless Steel and Granite

These are still “must-haves” features for buyers.

  • Homes with stainless appliances sell 15% faster than average homes. (79 days – $300,000 home)
  • Waning in its appeal is the fireplace. Homes with a fireplace sell at the same pace as homes without. (94 days – $290,000 home)
  • Granite counters: 82 days – $320,000 home
  • Open kitchen: 83 days – $269,000 home

Location

  • From shopping centers to public transportation to sports stadiums, the most important feature for buyers was schools, especially good ones with keywords like “best” and “top”. These listings received more views and stayed on the market just 76 days. Average price tag was $330,000.
  • The lowest score came from listings near medical centers and hospitals. These homes commanded the lowest prices and stayed on the market the longest.

Hottest Size

Traffic data show that the bigger the home, the more page views it receive. However, when it comes to buying the middle between fantasy and reality is 1,500 to 2,000 square feet. Homes within this size are generally sold within 86 days.

  • 2,000-2,500 sq. ft. – 90 days
  • 3,000-3,500 sq. ft. – 101 days
  • 5,000-5,500 sq. ft. – 127 days
  • More than 10,000 sq. ft. – 173 days

Hottest Price Range

Although homeownership is at a 50-year low, people who can afford to buy are making prudent decisions. Homes listed at between $200,000 and $250,000 were sold in 83 days on average, significantly faster than any other price range.

  • $150K to 200K – 86 days
  • 250K to 300K – 89 days
  • $1M-$2M – 118 days
  • $2M-5M – 133 days

About the author

Sharon Fennell Kennedy is a grant writer specializing in non-profits and a real estate blogger for The Mesimer Team – REMAX/Metro in St. Petersburg, FL. She enjoys antiquing and repurposing flea market finds, yoga, walking and reading. You can connect with Sharon on www.estelia.com or www.sharon-kennedy.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECENT POSTS

Historic Neighborhoods in St. Petersburg, FL

Holding an Estate Sale before Selling a Home

Decluttering Before You Move

Historic Landmark Designations

Do Green Homes Increase Home Value?

Advantages Of Home Ownership

Connect With Us

  • Facebook
  • LinkedIn
  • Twitter
  • YouTube

Blog Categories

  • A Dog's World
  • Bayway Isles
  • Blog
  • Buying A Home
  • Coming Soon
  • Condominiums for Sale in Gulfport FL
  • Condos for sale in St Petersburg FL
  • Featured Community
  • Gulfport FL Condos
  • Gulfport FL Condos for Sale
  • Homes for sale in St Petersburg FL
  • Homes in St Petersburg FL
  • Interior Design
  • Lifestyle Trends
  • Listing Your Home
  • Luxury Homes for Sale in St Petersburg FL
  • Luxury Waterfront Homes for Sale in St Petersburg FL
  • Non-Profit Spotlight
  • Old Northeast
  • Personal Development
  • Real Estate
  • Real Estate Tips & Trends
  • Remodeling
  • Selling A Home
  • Sold Listings
  • St Pete Beach Homes for Sale
  • St Petersburg Downtown Condos for Sale
  • St Petersburg FL Condos
  • St Petersburg FL condos for sale
  • St Petersburg FL Homes
  • St Petersburg FL Homes for Sale
  • St Petersburg FL Luxury Waterfront Homes
  • St Petersburg FL Townhomes
  • St Petersburg FL Townhomes for Sale
  • St Petersburg FL Waterfront Homes
  • St Petersburg Florida Homes for Sale
  • St Petersburg Florida Townhomes for Sale
  • St Petersburg Homes
  • St. Petersburg
  • Testimonial
  • Tierra Verde FL Townhomes
  • Tierra Verde FL Townhomes for Sale
  • Tierra Verde FL Waterfront Townhomes for Sale
  • Townhomes in Tierra Verde FL
  • Video

Contact

Estelia Mesimer
150 2nd Ave N, Suite 100
St. Petersburg, FL 33701
Estelia@Estelia.com
Direct: 727.686.2859

Sign Up To Receive Our Newsletter

Copyright © 2020 Estelia Mesimer | All Rights Reserved. realtor-equal-op

Website Development by Dan Fennell