Tampa Real Estate Info
Gurvich Group
813-205-1802
Contact Us
Categories
- Channelside Market Updates
- Downtown Tampa
- Downtown Tampa
- First Time Homebuyers
- Hillsborough Property Tax
- Home Inspection Tips
- Home Staging
- Homes For Sale in Tampa
- Keller Williams
- Mortgage Rate Watch
- New Projects (Condos)
- News on Interest Rates
- Seminole Heights Homes
- Short Sale Information
- South Tampa
- South Tampa Neighborhoods
- Tampa Condos
- Tampa Florida
- Tampa Florida Real Estate
- Tampa FSBOs
- Tampa Home Buyer Tips
- Tampa Homes
- Tampa Luxury Homes
- Tampa Market Conditions
- Tampa MLS
- Tampa Neighborhoods
- Tampa Real Estate
- Tampa Realtor
- Tampa Waterfront Homes
- Things To Do In Tampa
- Tips for Sellers
- Uncategorized
- Westshore
Archives
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
Tampa Real Estate Market Conditions Report
May 25th, 2007 categories: Tampa MLS, Homes For Sale in Tampa, Tampa Market Conditions
Well, we may not reach that 9000 mark after all. The number of listings as of this Friday morning actually retreated slightly as compared to a week ago. Add to that a higher number of pending contracts this week and you have, for the first time in a long time, numbers moving opposite the trend of over a year now. Yes, that’s right, the number of residential properties listed for sale in Tampa actually decreased over the last seven days. It’s not much, but it’s a start. Or is it? Time will only tell. Have the buyers decided that enough is enough and it’s time to make a move? Maybe so.
Yesterday’s news was that new home sales exploded in April while the median price of them was down. Today’s news is that existing home sales, as well as their median price, fell in April. This all on a nationwide basis of course.
But real estate is local right? Close to home, 114 properties closed in Tampa in the last 7 days. Hillsborough County had its second $3 million dollar plus sale of the year this last week with 709 Guisando De Avila selling for 93% of list price at $3.3 million. Listed by Century 21 Shaw, this 7946 sqft. home in Avila was on the market for only 4 days before being tied up by its new owners. Built seven years ago, the home sits on the 11th green at Avila and is situated on a lot of almost 1.5 acres.
All data used is from the Mid-Florida Regional MLS, all brokers/agents included.
Gurvich Realty Group of Keller Williams
813–205–1802
One Response to “Tampa Real Estate Market Conditions Report”
Leave a Reply
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
I hear banks like Pilot Bank in Tampa have stopped funding construction loans for developers. As a result, developers are now having to turn condos into rentals. I know of two developers suing Pilot Bank because of their malfeasance