Make us your home page
Instagram

S&P/Case-Shiller index shows home prices ticked down in Tampa Bay area in May

Tampa Bay area home prices fell 0.6 percent in May, according to a Standard & Poor's/Case-Shiller 20-city home price index released Tuesday.

Nationally, prices rose 1 percent from April to May in the 20-city index.

The bay area, along with Detroit and Las Vegas, were the only three cities where prices fell. The index does not list prices in dollar figures.

In contrast, data from real estate agents shows that the median price of single-family homes rose or remained flat in the Tampa Bay area from January through June, the longest stretch without a monthly decline since 2006.

In those six months, the median selling price of single-family homes — including conventional, foreclosure and short sales — rose 18 percent, from $107,500 in January to $127,000 in June, in Citrus, Hernando, Hillsborough, Pasco and Pinellas counties, according to Multiple Listing Service data.

S&P/Case-Shiller index shows home prices ticked down in Tampa Bay area in May 07/26/11 [Last modified: Tuesday, July 26, 2011 9:16pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Airbag maker Takata bankruptcy filing expected in Japan, U.S.

    Corporate

    DETROIT — Japanese airbag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty air bag inflators.

  2. Federal agencies demand records from SeaWorld theme park

    Tourism

    ORLANDO — Two federal agencies are reportedly demanding financial records from SeaWorld.

    Killer whales Ikaika and Corky participate in behaviors commonly done in the wild during SeaWorld's Killer Whale educational presentation in this photo from Jan. 9. SeaWorld has been subpoenaed by two federal agencies for comments that executives and the company made in August 2014 about the impact from the "Blackfish" documentary. 
[Nelvin C. Cepeda/San Diego Union-Tribune/TNS]
  3. Legalized medical marijuana signed into law by Rick Scott

    State Roundup

    TALLAHASSEE — Gov. Rick Scott on Friday signed into law a broader medical marijuana system for the state, following through on a promise he made earlier this month.

    Gov. Rick Scott signed legislation on Friday that legalizes medical marijuana in Florida.
  4. Line of moms welcome Once Upon A Child to Carrollwood

    Business

    CARROLLWOOD — Strollers of all shapes and sizes are lined up in front of the store, and inside, there are racks of children's clothing in every color of the rainbow.

    At Once Upon A Child, you often as many baby strollers outside as you find baby furniture and accessories. It recently opened this location in Carrollwood. Photo by Danielle Hauser
  5. Pastries N Chaat brings North India cuisine to North Tampa

    Business

    TAMPA — Pastries N Chaat, a new restaurant offering Indian street food, opened this week near the University of South Florida.

    The menu at Pastries N Chaat includes a large variety of Biriyani, an entree owners say is beloved by millions. Photo courtesy of Pastries N Chaat.