Tampa condos remained popular among buyers in November 2011, based on data released by Florida Realtors. A total of 749 existing condo units in the Tampa-St. Petersburg-Clearwater area were sold, marking an increase of 8.4 percent from 691 units sold in November 2010.
Across Florida, sales of existing condos also increased, with 5,590 existing units sold last November, marking a 2.31-percent increase from 5,464 units sold in November 2010. The year-to-date sales also surged by 17 percent, from 69,224 existing units sold over the period ended November 2010 to 80,745 units sold over the period ended November 2011.
Compared to other metro areas in Florida, the Tampa area was fourth in sales volume, as seen below:
| Fort Lauderdale | 1,099 |
| Miami | 1,064 |
| West Palm Beach-Boca Raton | 918 |
| Tampa-St. Petersburg-Clearwater | 749 |
| Orlando | 428 |
| Sarasota-Bradenton | 269 |
| Fort-Myers-Cape Coral | 216 |
| Daytona Beach | 136 |
| Jacksonville | 135 |
| Melbourne-Titusville-Palm Bay | 128 |
| Fort Pierce-Port St.Lucie | 104 |
| Fort Walton Beach | 100 |
Over the year in November, the area with the most improved condo sales figures were Punta Gorda and West Palm Beach-Boca Raton, both with an increase rate of 19 percent, even higher than the statewide over-the-year increase of 17 percent. Jacksonville and Fort Pierce-Port St. Lucie also improved, both with a 13-percent surge rate. The biggest drops in sales volume occurred in Lakeland-Winter Haven, at 34 percent, and Tallahassee, at 25 percent.
As to median sales prices, Florida’s metro areas, 12 out of 19 areas dropped in median sales prices over the year, bucking the statewide increase of 4 percent, from $83,000 to $86,700. Sales prices had the biggest drops in Tallahassee, Fort Walton Beach, and the Melbourne-Titusville-Palm Bay area.
In contrast, the seven areas that posted increases year-over-year in sales prices were Fort Pierce-Port St.Lucie, Panama City, Fort Lauderdale, Miami, Fort Myers-Cape Coral, Lakeland-Winter Haven, and Orlando.
Here are the median sales prices for condos sold in November 2010:
| Fort Walton Beach | $198,000 |
| Panama City | $196,000 |
| Pensacola | $142,000 |
| Miami | $125,000 |
| Fort Pierce-Port St.Lucie | $115,600 |
| Fort Myers-Cape Coral | $113,300 |
| Sarasota-Bradenton | $110,000 |
| Daytona Beach | $105,000 |
| Melbourne-Titusville-Palm Bay | $87,500 |
| Tampa-St. Petersburg-Clearwater | $82,300 |
| West Palm Beach-Boca Raton | $77,700 |
| Gainesville | $76,300 |
| Fort Lauderdale | $75,700 |
| Jacksonville | $69,600 |
| Punta Gorda | $65,000 |
| Lakeland-Winter Haven | $61,000 |
| Orlando | $59,700 |
| Tallahassee | $46,700 |
| Ocala | $38,300 |
We can see from the list above that the median price for Tampa condos sold in November 2011 was also in the middle of the metro areas’ median prices, arguably the median of the 19 median prices.