Here’s an in-depth look at Tampa’s current real estate market including statistics, neighborhoods, and home prices.
This 9 page report compiled by the Greater Tampa Association of Realtors includes all homes, condos, and townhouses sold in the second quarter of 2011. These statistics are broken down by average sales price, inventory and number of homes on the market. The data is compiled and compared to statistics as far back as July of 2007 and will provide you with the most accurate information on Tampa’s Real Estate Market.
Is the market getting better?
In 2007 we had 13.8 months of inventory; as of June 2011 our inventory has decreases substantially to only 5.8 months.
Since 2007, the average sales price is down over $100,000.00 to $164,927.00. Interestingly, the average sales price has increased by $12,082.00 in just one month and by $29,970.00 since January 2011, indicating sales prices are going up.