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November 15, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Tampa Bay in Tampa, Florida

Reported by Michael Valdes (800) 975-7205, REALTOR, e-Pro Realtor/ Mtg Broker

Updated October 13, 2009.

Current Market Rating: 2




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2
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5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

In September of 2009, 3003 homes were sold (up from 2788 last month) in the Tampa Bay area (Hillsborough, Pasco & Pinellas Counties) at an average sales price of $168,142 taking on average 128 days to sell.

We are seeing many buyers and investors snatching up great deals. We are also seeing multiple offers on properties for sale... something we haven't seen in a long time!

Word on the street is that we are either at the bottom of the market or very close to it!! Home inventory has shrunk to it's lowest level in years!

Buyers, this great opportunity will not last forever!! 1st time buyers or home buyers who haven't owned a home in the last 3 years, be sure to take advantage of the $8000 tax credit from the government that you can get back right away as long as you purchase before December 1st.


Approximate Location Boundaries: Tampa Bay is bounded by Manatee County on the south, Pinellas County on the west, and Hillsborough County to the north and east.

Location Characteristics: Tampa Bay is a large natural harbor and estuary along the Gulf of Mexico on the western coast of Florida, made up of Old Tampa Bay, Hillsborough Bay, McKay Bay, and New Tampa Bay. Three prominent cities are located along the shores of the bay, Tampa, St. Petersburg, and Clearwater. Tampa Bay is home to the following professional sports teams: Buccaneers (NFL), Devil Rays (MLB), Lighting (NHL), and Storm (AFL). These teams help pump money into the Tampa Bay area which in turn help keep the economy going strong!

For More Information:

View Market Conditions of other areas served by Michael Valdes (800) 975-7205

Navigate: Top > Florida > Tampa > Tampa Bay

About Michael Valdes (800) 975-7205:
Born and raised in Tampa Bay, native Floridian Michael Valdes is one of the few Realtors that is also a licensed Mortgage Broker. With an extensive background in Lending and Finance, Michael uses that knowledge to help educate his clients and boost them above the competition. His Realtor "e-Pro" designation is proof that Michael is one of the premier internet savy Realtors around, which is a must in this new technology driven market where 80% of buyers are beginning their search online. Michael is also the founder of the FlaPropertyFinder team at Keller Williams Realty famous for the www.FlaPropertyFinder.com website which brings people and real estate together from all over the world. Contact Michael today at (800) 975-7205


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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Mortgage Rates
30 Year Fixed: 4.98%
15 Year Fixed: 4.40%
1 Year Adj: 4.47%
(U.S. Weekly Averages)

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