Tampa-area. More home sales closed and for higher median prices this June compared to a year ago.
The June housing report released Tuesday by Florida Realtors paints a fairly bright picture of the Tampa-area market here with more closed sales and better median housing prices than the Tampa metro area saw a year ago.
And for buyers, there is slightly less pressure in the Tampa-area, since the cash buyers and the hedge fund companies that were snapping up properties for rental have backed away from the area, one consultant said.
Closed residential real estate sales are up 7.5 percent over June 2013 in the Tampa-area, St. Petersburg-Clearwater metropolitan area and the median sale price on the homes that sold was up 2.4 percent to $162,250 for a single family unit and up 9.6 percent over June 2013 for condos and townhouses, to $111,281.
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