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Elliman Report: St. Petersburg Sales 2Q 2021

The market share of single family sales skewed towards higher-end properties. This growth was evidenced by the market share gain of sales over $1 million to 7% from 2.5% in the prior-year quarter. In addition, condo sales surged 58.1% to 340 from the year-ago quarter as listing inventory dropped 71.5% to 114 over the same period. As a result, the average months of supply was one month or 82.1% faster than last year. The market share of condo sales also…

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