Case-Shiller: Tampa home prices fallen 35 percent so far
Tampa area home prices are down 22 percent for the year and 35 percent since the July 2006 peak, according to the latest S&P/Case-Shiller home price index.
Once again, we rank 7th from the bottom on the 20-city index. Price drops have been more severe in Phoenix, Las Vegas, San Francisco, Miami, Los Angeles and San Diego.
The advantage of Case-Shiller is that its statisticians track repeat sales of individual homes, which helps keep things more accurate.
The disadvantage is that the index comes out a month behind other home sales reports. The current report takes in December home sales. Realtors are releasing January's sales figures on Wednesday.
Most Recent Blog Posts
About the blog
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.
Advertisement
Follow us on Facebook
Comment Policy
| Please be sure your comments are appropriate before submitting them. Inappropriate comments include content that: |
| Is libelous |
| Is abusive, harassing, or threatening |
| Is obscene, vulgar, or profane |
| Is racially, ethnically or religiously offensive |
| Is illegal or encourages criminal acts |
| Is known to be inaccurate or contains a false attribution |
| Infringes copyrights, trademarks, publicity or any other rights of others |
| Impersonates anyone (actual or fictitious) |
| Solicits funds, goods or services, or advertises |
| The St. Petersburg Times does not edit posts but reserves the right to delete comments that violate our policy. |
