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Seminole Isle real estate market

Dear Seminole Isle property owner

We are nearing the end of summer and I wanted to give you a quick update on the real estate market in Pinellas county, particularly in Seminole Isle.

Sales prices everywhere in Pinellas have gone up and up during 2016. There are 2  concerns that market predictions show for the rest on 2016

Zika virus. If the situation isn’t handled swiftly and Florida becomes know as a high risk state for “Zika” people will hold off on buying and other people might want to sell and that means demand is lower than supply and prices will go down.

Who is going to be the new president? This issue is raised by experts every four years and all kinds  of predictions are made BUT looking back on the Pinellas real estate market over the last 20 something years, I personally don’t think it ever had an immediate impact on us. This year  might be different. The predictions are all over the place….. I encourage you to search the web and read some of the articles “Florida real estate market under president…….” To say the least, it will be an interesting read.

As always, experts  also talk about higher interest rates and a chance of a major hurricane……

So far in 2016 we have had 11 sales in Seminole Isle with the highest sales price of $385,000  and the lowest of $225,000.

7296 MARATHON DR    403
Active $269,000 1,500
7194 KEY HAVEN RD   204
Active $279,900 1,500
7377 CONCH BLVD
Active $333,000 2,088
7100 ISLAMORADA CIR
Active $340,000 2,090
7296 MARATHON DR   501
Active $364,000 2,100
7296 MARATHON DR   506
Active $365,000 2,100
7069 KEY HAVEN RD   402
Active with Contract $299,900 1,700
7360 CONCH BLVD
Active with Contract $338,500 2,090
7151 ISLAMORADA CIR
Active with Contract $339,900 2,090
7070 KEY HAVEN RD   204
Sold $237,000 1,500 $225,000
7296 MARATHON DR   402
Sold $265,000 1,700 $256,500
7194 KEY HAVEN RD   403
Sold $279,900 1,500 $276,000
7069 KEY HAVEN RD  605
Sold $289,000 1,700 $290,000
7070 KEY HAVEN RD  202
Sold $299,000 1,700 $283,000
10002 KEY HAVEN RD  303
Sold $309,000 1,500 $307,800
10002 KEY HAVEN RD  303
Sold $314,900 1,700 $312,000
7189 ISLAMORADA CIR
Sold $329,000 2,090 $320,000
7069 KEY HAVEN RD   306
Sold $345,000 2,100 $345,000
7040 KEY HAVEN RD  306
Sold $369,000 2,100 $357,000
7296 MARATHON DR   606
Sold $399,000 2,100 $385,000

Information taken from local MLS and public records

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