More Than Half of Tampa Real Estate Sales Were in the $100k to $300k Price Range

Published by nora | Filed under Buyer / Seller Tips, Market Trends, Mortgage / Finance, Real Estate

In March this year, 54 percent or more than half of Tampa real estate sales by sellers of single-family homes and villas were in the price range of $100,000 to $250,000. This is based on the sales data released by the Greater Tampa Association of Realtors (GTAR). Of the 1,459 units sold in March, 790 units were in this price range.

$100,000 to less than $120,000      142 units sold
$120,000 to less than $140,000      148 units sold
$140,000 to less than $160,000       95 units sold
$160,000 to less than $180,000      109 units sold
$180,000 to less than $200,000       86 units sold

Of the 421 condos, townhomes and co-ops sold in March, 137 units were in the $100,000 to $300,000 price range. That was 32.5 percent or about one-third.

In February, single-family homes and villas in the $100,000 to $300,000 price range accounted for almost 54 percent of the total number of sold units. A total of 672 units in this price range were sold, out of the 1,252 units sold in February.

In January, a total of 546 units in this price range were sold, out of the 1,051 units of single-family homes and villas sold during the month. That was almost 52 percent. In all the first three months of this year, the price range of $100,000 to $300,000 accounted for more than half of Tampa real estate sales during each month.

What homes in the MLS are currently available in the $100,000 to $300,000 price range?

$245,000 in Fishhawk Ranch

This is a 3-bedroom two-story single family home in the FishHawk Ranch, a residential community recognized as the 26th top-selling masterplanned community  in 2011. It sits on a corner lot, across the Palmetto Club and it affords views of the conservation area. It’s on 16114 Palmetto Shade Ct Lithia.

$178,500 in South Fork

This is a 4-bedroom 3-bath home in South Fork, another resort-style masterplanned community in Riverview. The living room opens up to a patio that overlooks the community pond and green areas. This home is on 11433 Flora Springs Drive, Riverview

$159,000 in Sterling Ranch

The word Ranch may connote something far away, but Sterling Ranch is in the heart of the city of Brandon and has easy access to Crosstown Expressway, Highway 60 and I-75. This 3-bedroom 2-bath single family home has a spacious backyard great for gatherings, barbecues and play.
The address is 2103 Cattleman Drive, Brandon.

In March, a total of 1,967 housing units in the Tampa area were sold, representing a 16-percent increase from the previous month’s sales. The average sale price was $153,748, an increase of 2.4 percent from the previous month’s average sale price of $150,108.

Get your own piece of Tampa real estate. Call 813-671-6657 or email julia@tampa4U.com or visit Tampa4U.com.