The amount of available residential listings in Tampa continues to remain steady, a trend that began back in early October of 2006. Since April, the listings inventory had been on a fairly rapid climb, while the number of listings going under contract had been falling.
These numbers began to stabilize in early October and have remained fairly flat since then. There was a slight downward tick in the number of listings available in Tampa as compared to a week ago.
As of this morning there are 7547 residential properties listed in Tampa with another 1682 listings under contract and pending closing.
Thirty year mortgage rates averaged 6.24% for the week just ended, the lowest we’ve seen since March of this year.
Data used is from the Mid-Florida Regional MLS and does not include any “For Sale By Owner” properties.
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