April Tampa Area Home Sales Down 8%, Prices Decline 16%

Among the state’s larger markets, the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area (MSA) reported 2,087 existing homes sold last month compared to 2,257 homes sold a year ago for a 8 percent decrease. The market's median sales price for homes was $176,000; it was $209,700 in April 2007 for a 16 percent decrease. A total of 508 existing condos changed hands in the MSA last month, down 7 percent from the 549 condos sold the previous year. The existing condo median sales price in April was $152,300; a year ago, it was $170,400 for a 11 percent decrease.

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