Elegant Casas - Full-Service Real Estate Brokerage

Independently owned & operated. We treat clients like family.

  • Buy
    • Buyer Guide
    • Listings
    • Search
    • Request Viewing
    • Helpful Links
  • Sell
    • Seller Guide
    • Luxury Package
    • SRS Certified
    • Staging
    • Free-Eppraisal
    • Home Not Selling?
  • Mortgage
    • The Steps
    • Mortgage Calculator
    • Apply for Loan
    • Loan Products
    • Required Docs
    • Secure Document Upload
    • Credit Report
  • About
    • Company
    • People
      • Michael A. Melnyk
      • Cindy Kelly
      • Norlan Blanco
      • Gabriela Ivanov
    • Careers
    • Hero Rebate
    • Contact
  • Blog

Call or Text Us Now
727-777-6477

  • Facebook
  • Twitter
You are here: Home / Real Estate / Market Update – Real Estate

Market Update – Real Estate

March 31, 2015 by Elegant Casas

Hello Tampa Bay:

Here is an interesting market update.  Prices have been going up, while inventory continues to go down.  It’s a great time to list a home.

In February 2015, 3,917 homes were sold in the Tampa Bay area with a median price of $145,000. This compares with 2,896 homes sold during the same period last year which translates into a 35% increase in the number of homes closed and a 10% rise in the median price (from $132,000 to $145,000). At the end of the month there were 16,561 homes for sale in the area; 24% of the available homes sold in the last month – this translates into an inventory of 4 months. There has been a 6% decrease in the number of homes available for sale from February 2014 to February 2015 (from 17,695 to 16,561).

Best regards,

Elegant Casas

Join

Filed Under: Real Estate Tagged With: Real Estate News

  • Facebook
  • Twitter
  • YouTube
  • Better Business Bureau

© 2023 Elegant Casas, Corp.
5811 Memorial Hwy #201
Tampa, FL 33615
+1 813 579 5151
Legal Disclosures
Login