First-time home buyers program boosts Tampa sales

Tampa area house hunters – led mostly by first-time homebuyers -- continued to purchase in September, edging up home sales, as the median sales price continued to drop. Nationally, it was the largest jump in resales in more than a quarter century. There were 2,410 existing homes sold in the Tampa-St. Petersburg-Clearwater metro are, up 11 percent from 2,174 during the same month a year ago, according to data released Friday by the Florida Association of Realtors. Prices, though, fell 14 percent from the same month last year. The median sales price dropped from $160,500 last year to $137,800. Sales prices have been a moving target this year, consistently dropping each month when compared to the previous year, but month-to-month, prices have fluctuated. September's price was below August's $144,600 median. Prices haven't been lower since April when the median hit $135,200.

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