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February 12, 2012

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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Tampa, Florida

Reported by VON GREIFF GROUP - (800) 339-8146, Realtor, E-Pro

Updated February 12, 2012.

Current Market Rating: 2




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5
Buyer's

Seller's

Current Price Trend: 2




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2
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5
Falling

Rising

During January 2012, 584 homes were sold in Tampa with a median price of $95,000. This compares with 651 homes sold during the same period last year which translates into a 10% decrease in the number of homes closed and a 40% increase in the median price (from $68,000 to $95,000). At the end of the month there were 2,714 homes for sale in the area; 22% of the available homes sold in the last month - this translates into an inventory of 5 months. There has been a 48% decrease in the number of homes available for sale from January 2011 to January 2012 (from 5,214 to 2,714).

In January 2012, 2,569 homes were sold in the Tampa Bay area with a median price of $103,000. This compares with 2,330 homes sold during the same period last year which translates into a 10% increase in the number of homes closed and a 18% increase in the median price (from $87,000 to $103,000). At the end of the month there were 17,857 homes for sale in the area; 14% of the available homes sold in the last month - this translates into an inventory of 7 months. There has been a 36% decrease in the number of homes available for sale from January 2011 to January 2012 (from 27,698 to 17,857).

We are your one-stop-shop for all your real estate needs. Maximize your net income when you list your home for sale or rent with us. The VON GREIFF GROUP provides you with unparalleled exposure through our comprehensive marketing program. When you are considering the purchase of your next home, our team of Buyer's Agents will find the perfect home at the lowest possible price.

You may contact the VON GREIFF GROUP via phone @ 813-842-2119, e-mail rt@vongreiff.com or visit our website www.UniqueHomesofTampa.com.


Approximate Location Boundaries: Hillsborough, Pasco and Pinellas

Location Characteristics: One of the best locations to live in the United States. Excellent schools, low taxes, strong job market. Countless recreational options: Beaches, golf courses, theme parks.

For More Information:

View Market Conditions of other areas served by VON GREIFF GROUP - (800) 339-8146

Navigate: Top > Florida > Tampa

About VON GREIFF GROUP - (800) 339-8146:
Buying or selling a home is one of the most important decisions in your life. We are a professional and experienced team committed to providing you with "world-class service". We have a deep knowledge of the different communities in Tampa Bay. Our customers appreciate our attention to detail, high ethical standards and strong negotiation skills. We are able to service you in four languages: English, Spanish, German and Portuguese. You may contact us anytime at 813-842-2119 or visit us on the web at www.UniqueHomesofTampa.com.



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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