New Downward Trend in Contracts for Largo Real Estate Market

The Largo market saw 14 homes go under contract and failed to break out of an identifiable downward trend. Despite that, total home sales rose to nine over the last 30 days. The median sales price dropped to $180,000 over the latest reporting period for Largo, down from $197,250. With only two months of inventory and rising sales, Largo is a strong seller's market.

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Demographic facts for Largo:

  • The average age of houses in this area is 28 years old.
  • The average snowfall is 17.6 inches per year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 47. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,762. ($5,691 = national average)

Data reported through 10/12/2016

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