Tampa Bay home sales get healthy October bump
Realtor sales in Pinellas, Pasco, Hillsborough and Hernando counties totaled 2,758 in October, up 37 percent from 2,021 sales in October 2008.
Last's month's closings were the highest since 3,735 homes changed hands in October 2005.
The data come from the Florida Association of Realtors, which noted that the median Tampa Bay home price dropped 10 percent year over year, from $152,300 to $137,500.
Here's the chart: Download Faroct09
Foreclosure and pre-foreclosure homes made up close to half of all sales in October. The credit crash in October 2008 artificially suppressed sales but the rise this year was real, not just a statistical quirk.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. |