Tampa home sales give a little back in August
After three straight months of year-over-year sales gains, the Tampa area housing market took a little dip in August.
The Greater Tampa Association of Realtors reported home sales of 1,327 in August, 4 percent below the 1,384 sales in August 2007.
Average sales prices continued to slide both month over month and year over year. The typical home price stood at $213,002 in August. A year earlier homes sold for an average of $262,629. That's a drop of 19 percent.
The last time homes sold for so little was February 2005.
August seemed to snip off a budding recovery. Sales were up year to year in May, June and July. But I wouldn't draw too many conclusions from 57 fewer sales. Hey, it was an awfully rainy August ...
An informative chart here: Download gtaraug.pdf
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Housing market news is the focus of the (Un)Real Estate blog. It offers an inside look at the Florida housing market and real estate news, with a focus on Tampa Bay. Its goal? Simple: To help you keep a roof over your head without losing your shirt.
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