Tampa Real Estate Market Report- May 2017

Tampa Real Estate, FL Update:

1651 homes were sold in Tampa with an average price of $279,672 in May 2017.

1619 houses were sold during the same period last year. Since then there has been an increase in the average price from $240,621 to $279,672.

The number of homes sold and closed in Tampa were up from 1454 to 1651 homes in compare to the previous month and had an increase in the average price from $239,551 to $279,672.

Tampa real estate sales market report May 2017

At the end of the month there were 4035 Tampa houses for sale which included 2166 new home listings.

Number of new home listings went up from 1933 to 2166 homes in contrast with same period last year and since last month from 1937 to 2166 homes.

The average list price in May 2017 was $320,657 comparatively to the average price in last year which was $285,687 and last month was $296,646.

Tampa real estate active market report May 2017

The Tampa houses for sale that went under contract resulted in only 2 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 43 days which is less than last month’s average and last year’s average days on the market

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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.

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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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Tampa Real Estate Market Report- May 2017
Article Name
Tampa Real Estate Market Report- May 2017
Description
Tampa real estate market report for May 2017 in Florida. View the statistics as comparison from last year and last month. View homes for sale and find out your home market value instantly.
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Tampa Homes Expert Team
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