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Hillsborough County Market Stats For June & July

By
Industry Observer with No longer practicing real estate as of 2008.

Below are the stats for properties that SOLD and closed in June & July for Hillsborough County:

June 2007
# of single family homes SOLD = 895
Avg SOLD price for SFR = $321,436
Median price for SFR = $250,000
Average Days On Market = 133

# of condos SOLD = 256
Avg SOLD price for condos = $218,754
Median price for condos = $186,095
Average Days On Market = 249

June 2008
# of single family homes SOLD = 807
Avg SOLD price for SFR = $253,631
Median price for SFR = $208,000
Average Days On Market = 149

# of condos SOLD = 129
Avg SOLD price for condos = $171,319
Median price for condos = $139,000
Average Days On Market = 224

July 2007
# of single family homes SOLD = 835
Avg SOLD price for SFR = $322,177
Median price for SFR = $245,000
Average Days On Market = 125

# of condos SOLD = 215
Avg SOLD price for condos = $211,305
Median price for condos = $170,740
Average Days On Market = 235

July 2008
# of single family homes SOLD = 785
Avg SOLD price for SFR = $260,455
Median price for SFR = $208,500
Average Days On Market = 147

# of condos SOLD = 108
Avg SOLD price for condos = $164,947
Median price for condos = $129,000
Average Days On Market = 245

As of today, there are:  9,495 SFR Active on the market and 2,355 Condos Active on the market for sale.

To check previous months stats, click here.

*Information is deemed to be accurate, but is not guaranteed.

Comments(4)

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Sweet Viscape
Arlington, VA

Hi Becky:

Great statistics!  That's some great research.  Thanks for doing all that.

Misty

www.Viscape.com -- Viscape's Web 2.0 technology will make other vacation sites obsolete. It will drive leads to you for FREE!!

Sep 04, 2008 09:25 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Hi Becky

It appears that your market is stable and your single family home will lead the way.

Good luck and success

Lou Ludwig

Sep 08, 2008 11:54 AM
James Wexler
wexzilla.com - Scottsdale, AZ

very nicely done for your clients and future prospects, looks like it is a little more stable there then in much of the country

Sep 29, 2008 04:48 AM
James Wheeler
I G Lending - Tampa, FL
Mortgage Professional

Thanks, Becky. The continued deterioration in condo sales this June to July is a stark contrast to the stability in SFR. Financing restrictions on condos are getting tighter and tighter, and that's undoubtedly having an impact...  btw, are you in Brandon or Bradenton? or both?

Oct 22, 2008 01:48 AM