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Bloomingdale- Brandon, FL Market Conditions 01/11

By
Real Estate Appraiser with RE/Max Dynamic

Overall in the Bloomingdale Subdivision- Brandon, FL  market area things are very stable.  It is still an affordable market where homes are selling quicker and the average home price ROSE 2% over the last 3 months.  Since the tax credit over the summer, homes have increased slightly in average prices. 

If you are planning on buying, selling, or refinancing give me a call.  Call Jon Tipton with Florida's Beautiful Homes.  We are your "Florida Living Experts."   

"THERE IS NO BETTER TIME TO BUY OR REFINANCE IN THE BLOOMINGDALE MARKET."    

                                                                                                                                                                                                                                                                                                 TOTAL # OF SALES (LAST 3 MOS.) = 21                         DOWN (FROM 40 PREV. 6 MOS.)

ABSORPTION RATE/MONTH = 7                                    DOWN (FROM 13)

MONTHS OF SUPPLY = 3.3 MOS.                                               DOWN (FROM 4.25) incl. PENDINGS

CURRENT MEDIAN SALES PRICE = $160,000                  LEVEL ($159,450 PREV. 6 MOS.)

CURRENT AVG. SALES PRICE = $171,681                          UP (2% OVER 6 MOS.)

MEDIAN SALES DAYS ON MARKET = 24                                 DOWN (FROM 97 PREV. 6 MOS.)

MEDIAN LISTING PRICE = $138,750                             DOWN (0.08% FROM PREV. 6 MOS.)

MEDIAN LISTINGS DAYS ON MARKET = 96                    DOWN (FROM 138 PREV. 6 MOS.)    

MEDIAN SALES % OF LIST PRICE = 98.3%                    UP (FROM 96.02% PREV. 6 MOS.)

Jon Tipton, Realtor/Appraiser

813-391-6121

                        

www.tampabayappraisers.com