Don't be negative, look at the stats for Tampa Real Estate

By
Real Estate Agent with People's Choice Realty

 

Dec 1 2011 - The numbers are here for Nov Hillsborough County (Tampa) Florida.  These numbers are from the sales on the Tampa FL MLS system.  November sales were 1054 for the entire county which includes Tampa FL and it's suburbs.  The number is down 6% year over year and down 20% month over month.  Mo/Mo isn't a good statistic to look at, it's affected by seasonal changes.  Year/Year is the one that matters, it compares the same time frames, and the same seasonal conditions.  

The drop in sales is the first real drop in sales since Oct and Nov of last year, when we down 4% and 3% respectively.  Sound negative to you? Housing is still bad?  Actually they're not .  Since Nov 08, we've had only 4 months where the year/year number has been negative.  I'll say it again, out of 36 months, only 4 have been down.  Looks like real estate is getting better in Tampa Florida, doesn't it.

Need more?  Sales in the county totaled 1054, that's actually up 18% from the same period of November 2007.  Active homes are down to 9371 putting our inventory at 8.9 months, it hasn't been down to that level since the summer of 2006.  

The next time you turn on the TV and hear how bad real estate is, don't forget to look at the stats and see for yourself.  It's a lot better now than it has been in years.  And, real estate is local, what's on the news is national.

Homes for sale Lutz fl – Homes for sale in Lutz Florida, along with Townhomes and condos in Lutz and Land O lakes from all real estate agents can be searched on our site. 

My other blog is at Tampa Homes

Posted by

We sold more real estate in 2006-2009 than any other realtor office in the Tampa area according to the Greater Tampa Association of Realtors. We can help you too.

Eric Frantz - Realtor - People's Choice Realty

Tampa Real Estate | Lutz Real Estate | Tampa Golf Real Estate

Comments (2)

Adam Malachi
A 2 Z Realty LLC - Castle Rock, CO
QSC,CDPE,CIPS,CNE,CRB,CRS,GRI,MRE,SFR

Great post! Excellent Information's!

Thanks for sharing,

Adam

Dec 13, 2011 03:18 PM
Not a real person
San Diego, CA

By the time you read this, you'll probably know whether you were naughty or nice. Look under the Christmas tree.... no presents? naughty.... I'm guessing they'll be lots of presents.

Merry Christmas Day!

Dec 24, 2011 11:39 PM