According to the Florida Realtors Association, a “general rule of thumb” is that a 5-to-6-month supply of homes is a balanced market. At the end of 2024, there was a 5-month supply of single family housing while there was an 8-month’s supply of condos and townhomes available.
In Americana Cove, there has been an increase in supply since 2023, according to Real Estate Broker Marty Pozgay. “The community was seeing a slow increase in supply but after Hurricanes Helene and Milton, that supply rose quickly at the beginning of 2025,” he said.
According to Quicken Loans, when the average supply of 5-to-6 months is lower, then there is a seller’s market; when it is higher, then it’s a buyer’s market. Manufactured housing in Pinellas County has seen a strong buyer’s market at the end of 2024 and into 2025.
To calculate the supply, take the current number of listings and divide by the number of homes sold during a month. Pozgay offered this example: “As of March 10, there were 441 manufactured homes listed on the Multiple Listing Service in Pinellas County. The number of manufactured homes that sold in 40 days from March 10 was 66 homes. Therefore, there is a 6.5- month supply of manufactured homes in the county, which is a little more than what is average, which is a 5-month supply.”
Looking at Americana Cove specifically, As of March 10, there were 49 homes for sale in the community with six homes sold in the previous 40 days. This results in an 8-month supply of homes available, which means that if no more homes were listed, then it would take eight months to sell the existing inventory, says Pozgay.
If one included the three sale pendings as of March 10 since they went under contract within the past 40 days, then the number of homes in the inventory reduces to 5.5 months, which is average.
“Residents shouldn’t panic when they see 40 to 50 homes for sale in the community,” explains Pozgay. “Instead, just realize this is a more balanced market of homes for sale, which sellers haven’t seen in several years.”
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