Admin

I Hate Statistics, But Oh My, What A Shock To Me.

By
Services for Real Estate Pros with Homes Plus Realty, llc, 3095874

Most of this information will no suprise some of you, but it shocked me. Today I took a minute to look at the stats in my area. Well it was no surprise to me when I saw the year to year the Tampa/ St Petersburg area was down. The real surprise was that it was down about 25% year tot year. I expected that may it would be down about 5 to 10% but 25% that was off the cliff. I do primarily real estate auctions and a limited amount of traditional sales by listing properties. It is my understanding that the traditional real estate sales method is selling less that 4% of the active listings. The numbers that I just sited are August numbers. This is prior to the financial melt down, where are we now.

Bob Calistri, Broker
Real Estate Auctions, llc

www.realestateauctionsllc.com

bob@realestateauctionsllc.com

Comments(4)

Show All Comments Sort:
Lewis Beynon
CENTURY 21 Triangle Group - Raleigh, NC
Lew B Realty

4%?  Wow!~!!!  Doesn't that equate to about a 2 year inventory?

Oct 21, 2008 07:43 AM
Team Honeycutt
Allen Tate - Concord, NC

I think you are in worse shape than we are.  However we are also down for the year.

Oct 21, 2008 07:52 AM
Robert Calistri
Homes Plus Realty, llc, - Valrico, FL
Broker Of Record Services

Yes that does come down to a 2 year inventory

Bob

Oct 21, 2008 07:59 AM
Robert Calistri
Homes Plus Realty, llc, - Valrico, FL
Broker Of Record Services

Yes Allen Florida is still in bad shape

Bob

Oct 21, 2008 08:00 AM