Sales and median prices of existing homes in the Tampa Bay area fell last month after rising in August, continuing the up-and-down pattern since June.
The median price of single-family homes in Hillsborough, Pinellas and Pasco counties fell 3.4 percent from $129,900 in August to $125,500 in September, according to My Florida Regional Multiple Listing Service data. The figures include conventional, foreclosure and short sales. The median price in September 2010 was $130,500.
Total sales fell from 2,392 in August to 2,173 in September. The September sales total represents a 14 percent increase from September 2010.
The median price of conventional home sales fell 5 percent — $170,000 to $161,500 — from August to September in the three counties. In September 2010, the median price of a conventional sale was $175,000.
Foreclosure sales fell from 581 in August to 479 in September, down from the peak of 975 in March. The median price of those sales dropped from $75,000 in August to $70,199 in September. Sales figures do not include Hernando and Citrus counties because Realtors in the two counties report data to another MLS board.