Tampa homes in the range $140,000 to $159,999 were the fastest sellers in the Tampa Bay region over the ten-month period from January to October this year, based on data from the Greater Tampa Association of Realtors (GTAR). These homes stayed on the market for an average of only 62 days. They also got 98% of their listing price, the highest percentage for all 22 price ranges this year.
The market share of $140,000 to $159,999 homes is also high, as a total of 1,745 units in this price range were sold over the period from January to October, accounting for nearly 8 percent of total sales. The share of the other 21 price ranges ranged from 0.26% to 11.99%, with 4.54% as the average share.
Fastest Selling Price Ranges from January to October 2013
| 1 | $140,000 – $159,999 | 62 days |
| 2 | $120,000 – $139,999 | 67 days |
| 3 | $160,000 – $179,999 | 68 days |
| 4 | $250,000 – $299,999 | 68 days |
| 5 | $180,000 – $199,999 | 69 days |
| 6 | $200,000 – $249,999 | 69 days |
Over the ten-month period up to October, the fastest selling month was September, when the average number of days Tampa homes stayed on the market was 62 days. The next fastest selling months were August and October, when homes were sold for an average of only 66 days. The fourth fastest selling month was June, when properties remained on the market for an average of 67 days.
Of the six fastest selling price ranges, the $200,000 to $249,999 price range recorded the highest volume of sales over the 10-month period, with a total of 2,650 units sold:
| 1 | $200,000 – $249,999 | 2,650 homes |
| 2 | $120,000 – $139,999 | 1,771 homes |
| 3 | $140,000 – $159,999 | 1,745 homes |
| 4 | $250,000 – $299,999 | 1,700 homes |
| 5 | $160,000 – $179,999 | 1,599 homes |
| 6 | $180,000 – $199,999 | 1,348 homes |
All the six fastest selling price ranges posted 4-digit sales and all were among the top-selling price ranges. This data means that not only were more homebuyers preferred these price ranges, but they also made quicker purchase decisions.
Common Characteristics of $$140,000 to $159,999 Tampa homes
Most of these homes are three-bedroom two-bath properties with heated areas ranging from around 1,200 square feet to around 2,500 square feet. Of the 123 pre-owned homes sold in October, 65 properties have no pools, 41 properties have community pools, and 17 have private pools. The oldest of these homes is a 1918 historic 1,296-square-foot Train Depot that was moved to an area of land measuring 4,500 square feet and was renovated.
The three newest homes were built this year: a three-bedroom two-and-a-half-bath single-family home at Hawks Point in Ruskin, a three-bedroom two-bath 1,485-square-foot single-family home at Ayersworth Glen in Riverview, and a three-bedroom two-and-a-half-bath 1,993-square-foot townhouse at Hawks Point in Ruskin.