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Zip 33647 New Tampa Homes--Still lots of inventory available-Great prices

By Sherry Laursen

Real Estate Agent with Remax Premier Group

October 25, 2007 01:55 AM

Date	7/06	8/06	9/06	10/06	11/06	12/06	1/07	2/07	3/07	4/07	5/07	6/07	7/07	8/07	9/07
For Sale	328	337	292	313	319	300	307	314	323	353	347	344	346	337	325
Sold	37	26	24	24	19	30	18	19	32	35	24	42	27	29	21
Pended	29	23	31	14	25	23	23	26	44	27	37	26	28	29	26
Months of Inventory based on Closed Sales	8.9	13.0	12.2	13.0	16.8	10.0	17.1	16.5	10.1	10.1	14.5	8.2	12.8	11.6	15.5
Months of Inventory based on Pended Sales	11.3	14.7	9.4	22.4	12.8	13.0	13.3	12.1	7.3	13.1	9.4	13.2	12.4	11.6	12.5
Avg. Active Price	452	451	466	453	446	448	441	435	463	467	468	468	468	463	449
Avg. Sld Price	394	436	392	344	505	346	373	471	375	392	403	398	354	428	360
Avg. Sq. Ft. Price	166	176	163	159	184	146	151	161	152	155	159	151	141	154	144
Sold/List Diff. %	97	98	96	97	92	97	93	95	96	96	95	96	95	94	96
Days on Market	64	39	74	65	100	82	83	102	81	104	105	90	85	99	128
Median Price	330	374	352	308	434	300	298	355	339	387	331	352	337	373	309

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Mike and Dawn Lewis

The Lewis Team at Keller Williams - San Diego, CA

The Lewis Team at Keller Williams in San Diego CA

Sherry,

That is a lot of inventory. The graph looks like some areas here in San Diego. They are some really bad statistics. Let's hope for a better 2008.

Mike Lewis

Oct 27, 2007 01:45 PM

Sherry Laursen

Remax Premier Group - Wesley Chapel, FL

MAKING YOUR REAL ESTATE DREAMS A REALITY

Mike-i really think 2008 will be much better. This does show at least that we do have a lot of great homes available for buyers and some really good prices right now

Oct 27, 2007 04:15 PM

Billnulls Blog Florida Realty Professional

Charles Rutenberg Realty - Clearwater, FL

AHWD

thanks for the stats - we have been wondering how different areas of Tampa have been doing -

Nov 02, 2007 04:28 AM

Its going slow, but still going. I think the stats will be bette this month, seems to be more activity than prior months. How is it where your at?

Nov 02, 2007 08:36 AM

Lora Radzevich, Notary Signings Brandon~Riverview~Tampa

True Color Services, LLC - Tampa, FL

Sherry:

Would you say it's the "hottest" area/zip when it comes to new builds? It sure is growing fast in that area-I've done a few closings for condos in the area and every time I drive up that way, there is more ground-breaking for shopping/retail stores. This city is spreading out!

Thx for the stats-

Nov 20, 2007 02:26 PM

Zip 33647 New Tampa Homes--Still lots of inventory available-Great prices

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Sherry Laursen

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