September Home Sales In Tampa Up 11%, Prices Down 14%

The Tampa-St. Petersburg-Clearwater MSA reported a total of 2,410 homes sold in September compared to 2,174 homes a year ago for a 11 percent increase. The existing home median sales price was $137,800; a year ago, it was $160,500 for a 14 percent decrease. The average home price is up 13% from the low point in January 2009 of $122,400. In the year-to-year comparison for the existing condo market, a total of 787 units sold in the MSA last month, up 98% from a year ago when 398 condos sold. The market’s existing condo median price was $106,700; a year ago, it was $139,800 for a 24 percent decrease.

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