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South Tampa Real Estate Statistics for November 2006

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Sales in South Tampa real estate market were down 44.6% in November compared to the same period in 2005. The average home price was actually up 13.2% compared to November 2005 thanks to single family homes. South Tampa condominium prices were down 5.4% and sales were down 54.4%, while townhome prices were flat and sales were down 50%. Inventories remain high with 1,733 active residential listings.

South Tampa Residential Sales for November 2006

  2005 2006 % Change
No. Homes Sold 231 128 -44.6%
Average Sales Price $358,307 $405,594 13.2%
Median Sales Prices $299,900 $308,700 2.9%
Average Days on Market 62.1 76.9 23.8%
Lowest Sales Price $69,500 $80,000 23.8%
Highest Sales Price $1,800,000 $2,400,00 33.3%
 South Tampa Single Family Home Sales for November 2006
  2005 2006 % Change
No. Homes Sold 88 62 -29.5%
Average Sales Price $439,902 $518,689 19.8%
Median Sales Prices $328,250 $365,000 11.2%
Average Days on Market 44.6 65.8 47.4%
Lowest Sales Price $110,000 $145,000 31.8%
Highest Sales Price $1,800,000 $2,400,00 33.3%

 

South Tampa Condo Sales for November 2006

  2005 2006 % Change
No. Condos Sold 103 47 -54.4%
Average Sales Price $288,321 $268,274 -7.0%
Median Sales Prices $256,990 $239,500 -6.8%
Average Days on Market 67.6 99.4 47.0%
Lowest Sales Price $115,000 $80,000 -30.4%
Highest Sales Price $625,000 $1,227,050 96.3%

 

South Tampa Townhome Sales for November 2006

  2005 2006 % Change
No. Townhomes Sold 38 19 -50.0%
Average Sales Price $376,053 $376,234 0.0%
Median Sales Prices $357,875 $346,000 -3.3%
Average Days on Market 86.6 74.3 -14.3%
Lowest Sales Price $148,000 $157,000 6.1%
Highest Sales Price $715,000 $766,154 7.2%

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