Tampa Housing Market Recovery Well Underway

By
Real Estate Agent with Joe Manausa Real Estate 8508880888
https://activerain.com/droplet/jNl

If you like to see charts to determine trends in the real estate market, then you will appreciate this view of the Tampa real estate market. Charts are used often in many industries and specifically the stock market, but rarely are they used to analyze trends in the real estate market. The following chart shows the current trends in Tampa home sales.

Greater Tampa Real Estate Market

The real estate chart above shows the number of sales each month (yellow diamonds) and then tracks the one-year trend (red) and the three-year trend (blue) of average monthly sales. Both the one-year and three-year trend are on the rise, meaning home sales in Tampa are getting stronger each month. Note the vertical yellow line shows where the end of the Homebuyer Tax Credit occurred, and the market only saw a slight and brief downward trend following the "stimulus" provided by the Federal Government.

The Tampa housing market is well into a recovery, and we can say that home sales have been on the rise for several years. Once we see the supply of upper end homes for sale in Tampa become reduced, it will be possible for real estate appreciation to commence in Tampa.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
Florida Hillsborough County Tampa
Groups:
RealtorsĀ®
All Things Florida
Dedicated Bloggers
Market Reports
Bananatude
Tags:
tampa real estate
tampa florida
tampa housing market
tampa real estate market
tampa housing
tampa housing report

Spam prevention
Show All Comments
Rainmaker
1,570,224
David Saks
(retired) - Memphis, TN

The one year trend dip is an intersting contrast to the three year uptick to the right of the HBTC vertical line. Nice stats, fine post. Keep up the great work, Joe....DS

Sep 19, 2011 01:19 AM #1
Rainmaker
1,185,495
Joe Manausa
Joe Manausa Real Estate - Tallahassee, FL
Tallahassee Real Estate

Thanks David. This graph makes it appear to have helped (HBTC).

Sep 19, 2011 02:56 AM #2
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,185,495

Joe Manausa

Tallahassee Real Estate
Looking for Tallahassee Real Estate?
*
*
*
*
Spam prevention

Additional Information