Data from realtor associations shows that Tampa homes are the most popular in Florida’s market for existing single-family homes. In October this year, a total of 2,207 existing single-family units were sold in the Tampa-St. Petersburg-Clearwater area, the best sales performance among Florida’s metro areas.
It was not only in October that the Tampa area topped all other areas this year; it was also the top seller from January to September. Following the Tampa area was Orlando.
Here’s a chart showing the sales performances of Tampa and Orlando in the existing single-family home category from January to October:
Month 2011 | Tampa | Orlando |
January | 1,911 | 1,826 |
February | 2,375 | 2,063 |
March | 2,782 | 2,489 |
April | 2,590 | 2,568 |
May | 2,749 | 2,476 |
July | 2,673 | 2,268 |
August | 2,560 | 2,418 |
September | 2,375 | 2,160 |
October | 2,207 | 2,136 |
During the month of October, it was only Tampa and Orlando which reached the four-digit sales performance. Here are the numbers of homes sold by the top 5 performers in October:
Tampa-Clearwater-St. Petersburg | 2,207 |
Orlando | 2,136 |
Fort Lauderdale | 992 |
Jacksonville | 943 |
Fort Myers-Cape Coral | 938 |
West Palm Beach-Boca Raton | 918 |
As to prices of Tampa homes, these are still below their levels in 2010, just like in most other areas of Florida, but the median price for existing single-family homes sold in October in the Tampa area is still higher than in many other areas. In October this year, the median sales price for Tampa’s existing single-family homes was $123,800, lower by ten percent than the median price in October 2010, but higher than median sales prices in Daytona Beach, Fort Myers-Cape Coral, Port St. Lucie-Fort Pierce, Lakeland-Winter Haven, Melbourne-Titusville-Palm Bay, Punta Gorda and Ocala.
The two metro areas with the highest median sales prices from January to October this year were the Boca Raton-West Palm Beach area and Fort Lauderdale. Boca Raton reached the median sales price of $214,100 in May and $205,400 in February. Fort Lauderdale reached $193,000 in July and $188,800 in September.
The Tampa area reached the median sales price of $130,000 in August and $126,900 in September. In the October 2011 report issued by the Greater Tampa Association of Realtors (GTAR), Tampa homes priced in the range $200,000 to $250,000 were the most popular among owner-buyers. Following was the $100,000 to $120,000 price range.
Prospective homebuyers and investors interested in Tampa homes for sale can contact Tampa4u.com.