real estate: Tampa Bay Market Price Change Stats for February 15 - 21 2009 - 02/22/09 10:03 PM
Last week (2/15 - 2/21/2009) in Hillsborough County, we saw the following pricing activity.
Residential properties:
Residential Property Price Reductions 4.3% of the listed residential properties reduced their price Residential prices were reduced by an average of 9.3% Residential Property Price Increases 0.2% of the listed residential properties increased their price The average price increase was 13.2% The average time on the market for these properties was 160 days Commercial properties:
Commercial Property Price Reductions 0.9% of the listed commercial property reduced their price Commercial prices were reduced by an average of 7% Commercial Property Price Increases 0.1% or the listed commercial … (1 comments)

real estate: Tampa Real Estate Market looking better and better. - 12/28/08 01:25 AM
I just finished my weekly market analysis.  Due in part to the holidays and part because it's just plain time to move on, our market is looking better.  I mean a whole lot better!  Through this whole month (December 2008), the number of properties has been dropping.  The number of residential propertieson the market is down substantially and not very far from that place where a SHIFT begins.  Same with the more volatile Commercial and Vacant Land markets.
The most recent average price reductions are more than average to be sure.  It appears that today's sellers (and their agents) have become … (0 comments)

 

Paul Sumberg

Valrico, FL

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