Tampa Realtor Marketing Should Match 2016 Market Conditions

Tampa Realtor Marketing Should Match 2016 Market Conditions

Tampa Realtor Marketing Should Match 2016 Market Conditions

The following end-of-year Tampa Real Estate market shapshot generated by Trulia.com can provide guidance for Tampa Realtor marketing campaigns in 2016.

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Average Listing Price

  • $300,074 – for week ending Dec 30
  • +$7,919
  • +2.7%
  • w-o-w

Median Sales Price

  • $168,000 – Oct ’15 – Dec ’15
  • $2,000
  • -1.2%
  • y-o-y

Home Standings

  • 3,396 Homes for Sale
  • 97 Open Homes
  • 7,901 Recently Sold
  • 3,361 Foreclosures

Market Trends for Tampa

Average Listing Price $300,074 +2.7% w-o-w
Median Sales Price $168,000 -1.2% y-o-y
Average Price/sq ft $119 -4.0% y-o-y
Number of Sales 1580 -34.2 % y-o-y
Most popular neighborhoods  

Avg. listing Price

Week ending Dec 30

 w-o-w
Old Seminole Heights $201,565 -1.2%
Sun Bay South $300,942 +3.3%
Tampa Palms $366,870 -2.6%
Ballast Point $533,931 -6.0%
Hunters Green $280,080 -2.7%

 

Movers & Shakers  Avg. listing price

Week ending Dec 30

w-o-w
Riverbend $208,322 +37.1%
Historic Hyde Park North $530,900 -17.2%
Carver City/Lincoln Gardens $230,626 +16.7%
V. M. Ybor $92,021 +13.8%
Bayshore Beautiful $1,008,782 -13.4%

 

Summary for Tampa

Average price per square foot for Tampa FL was $119, an increase of 4.4% compared to the same period last year. The median sales price for homes in Tampa FL for Oct 15 to Dec 15 was $168,000 based on 1,580 home sales. Compared to the same period one year ago, the median home sales price decreased 1.2%, or $2,000, and the number of home sales decreased 34.2%.

There are currently 3,396 resale and new homes in Tampa on Trulia, including 97 open houses, as well as 3,361 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Tampa FL was $300,074 for the week ending Dec 30, which represents an increase of 2.7%, or $7,919, compared to the prior week. Popular neighborhoods in Tampa include Old Seminole Heights and Sun Bay South, with average listing prices of $201,565 and $300,942.

 

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