Real Estate Analysis and Commentary in Florida

Tampa Bay Residential Market Trends Oct 11 2013
October 14th, 2013 1:40 PM

Tampa - Average price per square foot for Tampa FL was $121, an increase of 18.6% compared to the same period last year. The median sales price for homes in Tampa FL for Jul 13 to Oct 13 was $161,000 based on 2,123 home sales. Compared to the same period one year ago, the median home sales price increased 8.8%, or $13,000, and the number of home sales decreased 2.7%. There are currently 4,431 resale and new homes in Tampa on Trulia, including 10 open houses, as well as 10,485 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Tampa FL was $285,381 for the week ending Oct 09, which represents a decrease of 3.4%, or $10,169, compared to the prior week.

St Petersburg - Average price per square foot for Saint Petersburg FL was $124, an increase of 14.8% compared to the same period last year. The median sales price for homes in Saint Petersburg FL for Jul 13 to Oct 13 was $136,950 based on 988 home sales. Compared to the same period one year ago, the median home sales price increased 12.3%, or $15,050, and the number of home sales decreased 7.3%. There are currently 2,406 resale and new homes in Saint Petersburg on Trulia, including 8 open houses, as well as 4,426 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Saint Petersburg FL was $229,983 for the week ending Oct 09, which represents an increase of 2.5%, or $5,680, compared to the prior week.

Clearwater -Average price per square foot for Clearwater FL was $89, an increase of 7.2% compared to the same period last year. The median sales price for homes in Clearwater FL for Jul 13 to Oct 13 was $119,900 based on 534 home sales. Compared to the same period one year ago, the median home sales price increased 9%, or $9,900, and the number of home sales decreased 12.5%. There are currently 1,218 resale and new homes in Clearwater on Trulia, including 3 open houses, as well as 83 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Clearwater FL was $184,755 for the week ending Oct 09, which represents an increase of 1.5%, or $2,805, compared to the prior week.   


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Posted by D. Jeff Smith on October 14th, 2013 1:40 PMPost a Comment

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