Pasco County Florida, a microcosm of Florida Real Estate. Meaning you can get an idea of what is going on in Florida, by looking at the numbers from one county. Pasco is a bedroom community serving Hillsbourough County (Tampa) and Pinellas Couty (St. Pete and Clearwater). As a realtor, investor and a student of the market, I study Pasco County. In the early 2000’s when real estate was not so fashionable, they called me Mr. Pasco. Now with so many people doing real estate, I am just a small cog in the machine.
Here are the numbers today. Residential listings: Active 2172 Listings, pending 2197, 30-day solds from Feb 24 going back 30 days 1504.
For comparison, during the insanity era. The covid era when homes sold in 3 days at 20-30-40k and more over asking, with no appraisal or inspection contingency. That 2 and 1/2 years when interest rates were 2.75% and the world found out you don’t have to go to the office. The insanity era. There were around 3000 residential listings, 700 active and 2300 pending.
Since interest rates started rising the number of active listings went up 100 a week until there were over 2800 active listings…up from 700. Today there are 2172, that number has been going down every week.
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Randal Jenkins
727-409-4663
Coldwell Banker F I Grey and Son Res
5636 Grand Blvd
New Port Richey Fl 34652
Rocket Mortgage NMLS #205-3417
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