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New Tampa Florida 33647 - December 2010 Housing Market Statistics
I recently went over the housing market statistics for all of Hillsborough County and talked about Real Estate being so local that even in a specific county each zip code can get very different results. That is true of zip code 33647 which is known as New Tampa in the Northeast section of Tampa along the I-75 corridor.
As stated in my Hillsborough County article, the best way to compare housing market statistics is to compare a single month versus the same month a year ago, or even other years. Often the media and others compare for example December 2010 with the previous month. Unfortunately, with month to month reporting the statistics are skewed by seasonal and holiday differences.
Therefore we are going to compare December 2010 housing numbers versus December 2009. We are also going to look at single family homes, rather than all types of housing.
Hillsborough County had a 11% increase in single family homes for sale, whereas in New Tampa it increased 20.5%. For buyers, having more inventory is great as it gives more choice and better negotiating power, whereas for the home sellers it may require them to lower their asking price, or give more incentives ... more

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