July 2007 New Tampa Real Estate Report
New Tampa Real Estate
The New Tampa real estate market continues to show some modest signs of improvement. Although I’m not sure I can say we’ve turned the corner, home inventory is down again with 943 homes for sale in June, compared to 913 in July. The Wall Street Journal showed Tampa as one of only four metro areas with declining home inventory in July.
Hunter’s Green had both the lowest priced and highest priced homes in July. A Highland’s condo with 1 bedroom, 1 bath sold for $95,000, while the highest priced home, which was located on the golf course, had 5 bedrooms, 6 ½ baths, and a 4 car garage.
| 2006 | 2007 | % Change | |
| No. Homes Sold | 119 | 105 | -11.8% |
| Average Sales Price | $335,618 | $346,733 | -3.3% |
| Median Sales Prices | $295,000 | $295,000 | 0.0% |
| Average Days on Market | 90.6 | 122.5 | 35.2% |
| Lowest Sales Price | $135,000 | $95,000 | -11.8% |
| Highest Sales Price | $1,875,000 | $1,625,000 | -13.3% |
All data taken from the Greater Tampa Association Realtors MLS and deemed reliable, but not guaranteed.
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Date: Tuesday, August, 21st 2007 @ 11:01:42 PMViews: 357
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