Of the 19 metropolitan markets in Florida, the Tampa Bay real estate market was the most popular among buyers of existing single-family homes from 2008 to 2011. This market posted the highest sales volumes over this four-year period, and also in other previous years, but this article focuses only on this four-year period because of data availability.
Sales of existing single-family homes in the Tampa Bay area continuously increased year-over-year, by 21.3% in 2009, by 0.45% in 2010 and by 5.74% in 2011. The following charts show the sales performances of the Tampa Bay real estate market for existing single-family units, including those of four other popular markets from 2008 to 2011.
Year 2008
1. Tampa-St. Petersburg-Clearwater -- 23,615
2. Orlando -- 16,659
3. Jacksonville -- 9,914
4. Fort Myers-Cape Coral -- 8,272
5. Sarasota-Bradenton -- 7,661
Total Florida Sales -- 124,168
Year 2009
1. Tampa-St. Petersburg-Clearwater -- 28,645
2. Orlando -- 23,994
3. Fort Myers-Cape Coral -- 16,260
4. Jacksonville -- 12,022
5. Sarasota-Bradenton -- 8,956
Total Florida Sales -- 162,873
Year 2010
1. Tampa-St. Petersburg-Clearwater -- 28,773
2. Orlando -- 26,808
3. Fort Myers-Cape Coral -- 15,148
4. Jacksonville -- 13,092
5. Fort Lauderdale -- 11,548
Total Florida Sales -- 172,462
Year 2011
1. Tampa-St. Petersburg-Clearwater -- 30,425
2. Orlando -- 27,400
3. Fort Myers-Cape Coral -- 14,134
4. Jacksonville -- 13,807
5. Fort Lauderdale -- 12,817
Total Florida Sales -- 185,921
The Tampa Bay real estate market maintained its popularity over the four-year period while Jacksonville dropped from third to fourth place in 2009 and the Sarasota-Bradenton dropped from fifth to sixth in 2010. It was Fort Lauderdale and Fort Myers- Cape Coral that improved their sales performances.