The July 2008 statistics, provided by the Greater Tampa Association of Realtors (GTAR) are in, and things certainly are looking up in Tampa Bay!
With metro area divisions broken down by Rural East Hillsborough County, Brandon, Plant City, Sun City/Ruskin/ApolloBeach, New Tampa, Pasco County, Temple Terrace/USF, North Central, Central Tampa, East Tampa, South Tampa & Davis Islands, Town & Country, Carrollwood, and Lutz/Northwest Hillsborough County, home sales for July 2008 increased categorically, in almost each search area.
For instance, Rural East Hillsborough County home sales rose by 5 homes over the reporting period, with an impressive increase in average home sales price in that area from $232,489 in June to $307,434 in July. In the same regard, average home sales prices in Brandon increased from $226,699 to $240,121 in July, and Sun City/Ruskin/Apollo Beach from $191,798 to $197,377.
New Tampa also experienced an increase in home sales, with 62 sold in June, increasing to 73 homes sold in July 2008. Pasco County home sales also increased from 66 homes to 69 homes in July.
North Central Tampa experienced a slight increase in home sales from 55 homes sold to 57 sold in July 2008, also showing stabilization in average home sales prices in this area, increasing slightly from $102,658 to $104,703. Central Tampa increased from 40 to 48 homes sold.
East Tampa home sales rose from 12 homes in June to 21 homes sold in July 2008, and experienced a nice increase in average home sales from $145,100 to $158,933 in July. South Tampa average home sales experienced an impressive stabilization, increasing from $405,696 in June 2008 to $485,770 in July 2008. Town and Country average home sales, also impressive, rose from $204, 211 to $211, 203 in July 2008.
Carrollwood, with great improvement, sold 55 homes in June 2008 and increased to 87 homes sold in July 2008. Lutz, with $334,409 in June, rose to $362,377 in July 2008.
With so many current incentives to purchase a home, the numbers are very clear...now is the BEST time to purchase your next home! For more information on activity in your area, or for questions and advice, I am always available, and ready to work for you!
As a former airline captain for a major US airline, I thrive on sound advice and good judgement. There are many good agents in Tampa Bay. Don't just settle for good...insist on great! Insist on Www.TampaHomeWiz.com.
Brian C. Russell
"Piloting Your Real Estate Investments"
Www.TampaHomeWiz.com
(813) 875-3700 ext 323