Tampa average home sales prices were all over the place in 2009. In Jan 2009 the average sales price was $160,775, Jun 2009 $170,196 and Dec 2009 $163,275. Active inventory in Jan 2009 19,634 in Dec 2009 13,988. Current months inventory 8.4. Sales are still robust with interest rates low and government incentives. Home prices should start to rise as home inventory continues to decline. Short sales and REO's continue to dominate the market. New home sales are doing well.
Comments(0)