More Sellers in Tampa, Buyers Take a Break

October 27th, 2006 categories: Tampa Real Estate, South Tampa, Seminole Heights Homes, Tampa Market Conditions

Last week’s state of the market post suggested that maybe, just maybe, the gap between sellers and buyers of Tampa residential real estate was beginning to close. Well, I am sorry to say one week doesn’t make a trend. In fact, after taking a look at the numbers, it looks like the sellers came out this week while the buyers have jumped back on or across the fence.

Once again the number of active listings has risen while the number of pending listings (listings under contract to be purchased) has fallen. So as of this morning there are 7502 sellers looking for buyers out there in the City of Tampa, while 1730 lucky sellers have come to terms with buyers. Of the listings that have propsective buyers, 260 of them went under contract since 10/15 or about 23 new contracts per day. At that rate, there are enough properties available to last us 326 days. A simplistic calculation, but you get the picture.

This entry was posted on Friday, October 27th, 2006 at 11:54 am and is filed under Tampa Real Estate, South Tampa, Seminole Heights Homes, Tampa Market Conditions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Enter your email address to get these updates via e-mail:

Delivered by FeedBurner

Leave a Reply

Name

Mail (will not be published)

Website

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>

Enter the code that you see in the image

Receive an email if someone else comments on this post?

Subscribe without commenting.

Also Noteworthy

How's The Market In Your Neighborhood?

 

What I'm Reading:

• FloridaFoodHound
• Tampa Bay Rays Blog
• Sticks of Fire
• Funny Stuff
• Get Your Grill On
• Retro Renovation
• Atomic Addiction

Real Estate Blogs

• Real Estate Blog Directory