Tampa area home sales highest in more than 2 years
The 1,714 home sales recorded by the Greater Tampa Association of Realtors in June is the highest monthly total since December 2006.
June's total is also a 23 percent improvement over the 1,394 homes that sold in June 2008. The average sales price in June was the highest in 6 months.
All this is moderately good news and bespeaks a housing market struggling to trudge forward against recessionary headwinds.
If there's cause for concern it's the volume of foreclosure and pre-foreclosure sales in the Tampa Bay area. Estimates place them as high as half of all sales. Sale of non-distressed homes are still stumbling.
Here's a chart: Download Junegtar09
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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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