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June 2007 New Tampa Real Estate Report

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New Tampa Real Estate

Although there was a 22% drop in sales from June 2007, compared to June 2006, the New Tampa real estate market has been trending positively over the last couple months. Compared to May 2007, June sales are up almost 46% and May sales were up over 15% compared to April sales. Let’s hope the pattern continues through the remainder of the year.

The lowest priced home sold in June was a 2 bedroom, 2 bath Condo with 1,222 sq.ft. located in Hunter’s Green. The highest priced home sold in June was also located in Hunter’s Green and I was a 5 bedroom, 4 bath home with over 4,600 sq.ft.

There are currently 943 New Tampa homes for sale, which down from 1,001 on June 8th.

New Tampa Home Sales for June 2007
  2006 2007 % Change
No. Homes Sold 138 108 -21.7%
Average Sales Price $377,180 $352,939 -6.4%
Median Sales Prices $341,228 $276,000 -19.1%
Average Days on Market 82.9 105.9 27.7%
Lowest Sales Price $107,990 $129,00 19.5%
Highest Sales Price $1,325,000 $1,257,500 -5.1%

All data taken from the Greater Tampa Association Realtors MLS and deemed reliable, but not guaranteed.

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Date: Tuesday, July, 31st 2007 @ 10:15:34 PM
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