Tampa Real Estate Report 33602- May 2014

Tampa Real Estate Update:

Tampa Real Estate Market Report 3360248 homes were sold in Tampa (33602 Zip Code) with a median price of $218,700  in May 2014.

40 homes sold during the same period last year which resulted in 20% increase  in the number of homes sold and closed. It also resulted in an increase in the median price from $194,500 to $218,700.

The number of closed home sales went up since last month from 27 to 48 homes but resulted in lower median price from $242,500 to $218,700.

At the end of the month there were 161 homes available for sale in this area of  Tampa which included 53 new home listings.

New home listings were down from 61 to 53  in contrast with same period last year and up since last month from 45 to 53 homes.

Since 46 homes went under contract, it resulted in 3.5 months of  inventory only.

Number of homes that went under contract were down from 68 in May 2013 to 46 in May 2014. They were also down since last month from 53 to 46 homes.

The average days for a home that was on the market currently in this Tampa area was around 68 days which was lower than the last month but higher than the last year’s average.

Most of the homes in Tampa real estate sold were purchased with cash and conventional financing.

 

View all the homes for sale in Tampa, FL

 

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

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The communities in this zip 33602 and Tampa includes Channelside Condo, Garrison Condo, Grand Central at Kennedy Offices, Grand Central at Kennedy Residences, Grandview Condo, Harbour Court Condo, Harbour Island, Harbour Place, Harbourside at Harbour Island, Homes at The Harbour Bay, Island Homes, Keys at Harbour Island, Mallicoats, Meridian Condo, One Laurel Place Condo, Parkcrest Harbour Island Condo, Place at Channelside Condo, Plaza Harbour Island Condo, Ridgewood Park, Seddon Cove Condo, Skypoint Condo, Slade at Channelside Condo, ST Tropez at Harbour Island, Suburb Royal, Tanner Place, Towers of Channelside, Townhomes at Harbour Bay, Ventana, Victory Lofts Condo, West Highlands and more.

View all the homes for sale in Tampa, 33602, Florida

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