I do not know if you see the same in your market area, but what I have seen here in St. Petersburg lately is probably reflecting the overall economy. It is amazing; just a few years ago everything needed to have as many sf as possible. Now we see a trend that indicates that people take a small 3 bedroom over a big 2 bed room condo. Even if the price per sf. is higher in the 3 bedroom condo than the 2 bedroom condo.
The best example in our area is the Silver Sands Condo complex in St. Pete Beach.
The big like 1900 or 2000 sf, condos in Silver Sands were hard to come by and sold in a short period of time, now they sit on the market much longer and the smaller 1400 sf
2 bedroom 2 bath units sell much fast. People still want to live in the prestigious Silver Sands complex here in St. Pete beach and the units still sell, but now the small units are in higher demand.
Have you seen any changes like this in your neighborhood, any trends?
- If you think about buying or selling a house or condo in the Treasure Island Florida or the St. Petersburg Tampabay area, please give me a call.
- Ask me about waterfront homes or condos in St. Pete beach, Treasure Island, Madeira beach, Seminole and St. Petersburg Tampabay neighborhoods.
- Find out what we can do to sell your home or condo and what the value of your property is.
- Check out great real estate deals or visit condo associations like Seminole Isle.
- We also work with Short Sales, bank owned and foreclosures .
- Find a property or go to my website for more real estate information or simply contact us. 727 410 7777
Anne Hensel | Real Estate Broker in Teasure Island St Petersburg
Call today 727 410 7777
Not only does size matter but so do score's. I am affraid to guess what will be considered a god credit score in today's market. Hopefully a good credit score will allow your clients to get the size they want!!
Happy Thursday!!
Lori Isaacson
people are looking for enough now. I'm finding they are investing more wisely and buying homes that are big enough, but not too big perhaps that's why the smaller units are selling better.
Yes, Lori, here we go size and scores
Yes, June, I agree with you, they are more cautious and play it save rather than being sorry
Smaller spaces means less to cool, heat and clean. It is also one less room to furnish. And less room for unwanted out of state visitors, lol.
Richard, I did not know how many friends I had till I moved to Florida and all of them wanted to visit