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- Data: 25 Oct 2011
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Monthly sales in the Tampa Bay area for the month of September dipped down a tad with 1,732 units sold. This is down from 2,031 that sold in the month of August. The average list price was $182, 610 and the average sales price was $161, 146 which yielded an 88% list to sales price ratio. The average days on the market remained relatively unchanged at 112 days. There was also a tad more inventory on the market for September, 5.8 months as opposed to 5.4 in August.
There were 1,340 single family homes that sold in the Tampa area for September. Homes under $50,000 took up nearly 13% of market share. Behind that were homes priced between 100-119 thousand dollars with roughly 10% of market activity. When compared to August single family home sales were down 13.77%. However when compared to September of 2010 sales were up almost 9%, which is fantastic. Likewise the year to date sales are up 10% from 2010.
Condo sales were down from August roughly 18% with 347 units selling off. Although current year to date sales were 3,826 which is a 22.43% YTD change from 2010. All very positive if you ask me!
Source: Tampa Real Estate Update for September 2011
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