Tampa Real Estate Market Report- Mar 2017

Tampa Real Estate, FL Update:

1524 homes were sold in Tampa with an average price of $256,817 in March 2017.

1429 houses were sold during the same period last year. This resulted in an increase in the average price from $233,919 to $256,817.

The number of homes sold and closed in Tampa real estate market were up from 1235 to 1524 homes in the previous month and had an increase in the average price from $240,152 to $256,817.

tampa houses for sale report

At the end of the month there were 3921 Tampa houses for sale which included 2068 new home listings.

Number of new home listings went up from 2006 to 2068 homes in contrast with same period last year and since last month from 1780 to 2068 homes.

The average list price in March 2017 was $340,298 comparatively to the average price in last year which was $293,536 and last month was $316,706.

Tampa houses for sale report

The Tampa houses for sale that went under contract resulted in only 3 months inventory of available homes for sale. These home sales include regular sale (not a distressed property), short sales, pre-foreclosure and foreclosure homes. Having inventory less than 6 months makes it seller’s market with stable price growth.

Currently, the average days on the market for a home is around 51 days which is less than last month’s average and last year’s average days on the market

 

View all the Tampa houses for sale, FL

If you are looking to buy or sell a home in Tampa or have any questions regarding tampa homes call Lovely Rehsi before making any decisions.

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This market report includes areas like Carrollwood, South Tampa, Westchase, Town n Country, Arbor Greene, Avila, Basset Creek, Bayshore, Beach park, Bel Mar, Cory lake isles, Country Place, Cross Creek, Cypress Estates, Davis Islands, Channelside, Grand Hampton, Heritage Isles, Hunters Green, Interbay, Live Oak Preserve, Macdill, Madrid, Northdale, Palm Bay, Palma Ceia, Palma Vista, Sunset Park, Tampa Palms, Tuscany, Waterchase, West Meadows, Westshore and many more.

View all the homes in Tampa, FL

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Summary
Tampa real estate market report-March 2017
Article Name
Tampa real estate market report-March 2017
Description
Tampa real estate market report. Comparison of sold homes in Mar 2017, available Tampa houses for sale, inventory and more.
Author
Publisher Name
Berkshire Hathaway HomeServices Florida Properties Group
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©2015 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.