July Tampa Area Home Sales Up 5%, Prices Decline 18%

The Tampa-St. Petersburg-Clearwater MSA reported a total of 2,174 homes sold in July compared to 2,068 homes a year ago for an 5 percent increase. The existing home median sales price was $176,500; a year ago, it was $215,600 for a 18 percent decrease. A total of 483 existing condos sold in the MSA last month compared to 543 condos the previous July for a 11 percent decrease. The market’s existing condo median price was $147,300; a year ago, it was $172,100 for a 14 percent decrease.

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