South Tampa Real Estate Report for February 2007

Posted Mar 19, 2007 @ 6:17 pm, Viewed by 890 Visitors, Read 901 Times.
Although overall sales were down, the South Tampa real estate market had price gains of 20.7% in February 2007, when compared to February 2006.  The overall gain was driven up primarily by a group of high end condominium sales that closed in February. Condo sales actually showed gains of 80%, while single family homes gained 10%, and townhome sales were down 15%.  For a full report on single family homes, condominiums and townhomes, see South Tampa Home Sales for February 2007.
 

South Tampa Residential Sales for February 2007
  2006 2007 % Change
No. Homes Sold 169 107 -36.7%
Average Sales Price $393,354 $474,945 20.7%
Median Sales Prices $279,000 $305,990 9.7%
Average Days on Market 83.0 163.6 97.1%
Lowest Sales Price $85,000 $110,000 29.4%
Highest Sales Price $2,060,000 $3,550,000 72.3%

 

All data taken from the Greater Tampa Association Realtors MLS and deemed reliable, but not guaranteed.

Relocating to Tampa Florida? TampaHomes24-7.com is a one-stop source for all kinds of information related to the Tampa real estate market, including Wesley Chapel real estate.

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Calum

Calum Hi, let me introduce myself, I’m Calum MacKenzie. My wife Kathy and I are Tampa real estate professionals who take our business seriously… okay, so sometimes I’m not so serious, but definitely personally. Read More

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