Saturday 2 / 22 / 25 will be a big , big day !
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State of The Market , continued
visible in all directions . Residences at 400 Central and Art House have topped out . Occupancy is scheduled for this year . Sitework has stopped at the Julia .
Rules change from time to time in a condo , so be sure to check what ’ s current . Minimum rental periods vary from 1 month to 1 year . A few buildings have waiting periods before you can rent . Pet rules also change , with 0 to 3 being allowed , sometimes restricting the number of dogs to a lower number than total pets .
Condos are still facing rising insurance costs , as well as needing to be concerned with the required millestone inspections and required full funding of reserves . As Confucius said , “ May you live in interesting times .” That we do .
THE SIMMS TEAM
|
160 140 120 100 80 60 40 20 0
Under $ 500K
|
$ 500-599K |
$ 600-699K |
|
|
|
Sold - Condos / Townhomes ( Resales ) Average Days on Market FYE 2024
$ 700-799K $ 800-899K
$ 900-999K $ 1M-1.499M
$ 1.5M-1.99M $ 2M-2.499M
$ 2.5M-2.999M $ 3M-3.99M
$ 4M-4.99M $ 5M-5.99M
$ 6M +
TAMI SIMMS 727-743-6262 tami @ simmsteam . com
Saturday 2 / 22 / 25 will be a big , big day !
Want to Receive Monthly E-Mail Updates ?
Sharon sends out a monthly email that gives downtown market stats for the prior month and also an analysis of your specific building . If you ’ d like to receive this newsletter , please email Sharon @ SimmsTeam . com with your email address and building .
See past issues and / or subscribe for monthly e-mail updates at www . DowntownStPeteCondos . com . Prefer to save a tree ? Email us at downtown @ simmsteam . com with your name and / or address and we ’ ll remove you from the printed mailing list .
The Saturday before the Firestone Grand Prix will be a huge day ! The 12th Annual Localtopia ( A Celebration of All Things Local ) will be in and around Williams Park from 10 am - 5 pm . On the same day , the Saturday Morning Market will be relocated nearby ( watch for details ) to make way for track setup . ( No Market on 3 / 1 )
SHARON SIMMS 727-403-5107 sharon @ simmsteam . com
AMY DINOVO Strategic Execution Officer amy @ simmsteam . com
Sharon and Tami hold the highly regarded Certified Luxury Home Marketing Specialist and Certifed Residential Specialist professional designations .