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.
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