Safety Harbor is currently leaning toward sellers, with conditions still relatively tight. The market gauge sits at 25, reflecting limited supply and steady pricing power for homeowners. With only 3.2 months of supply and 57 homes on the market, buyers face fewer options than they might like.
Home values have climbed sharply, with a typical home value of about $672,500, up 31.35% from last year and 56.4% just since the previous month. That stands well above Pinellas County’s typical value of $405,000, underscoring how strong pricing has become locally. At the same time, the median list price is $519,900 and has moved down about 21.82% month over month, signaling that some sellers are adjusting expectations to meet buyers where they are.
Activity has cooled in some areas, with inventory down 33.72% from last year and new listings off 37.5%, while pending sales have fallen 25.81%. Homes are taking longer to sell at a median of 76 days on market, up 24.59% month over month and 137.5% year over year, and nearly 47% of listings have seen a price drop. Only about 5.56% of recent sales closed above list price, and the average sale-to-list ratio is 0.99, showing buyers can often negotiate close to asking. Whether buyers want to navigate fewer choices or sellers want to price correctly in this shifting landscape, Agent Pronto can connect both sides with an agent who understands Safety Harbor’s numbers and trends.