Real Estate Facts: Tampa Bay Housing Prices on the Rise
We have been reporting about an interesting real estate trend in Tampa Bay. Real estate agents are pleasantly surprised that for months now that properties are moving, prices increasing, and finally the news is now reporting their findings, Tampa Bay homes prices are on the rise . The Tampa Bay real estate prices have risen or at least remained constant every month this year. Tampa Bay Price Changes 2011 According to the St. Petersburg Times , the median selling price of single family homes (including conventional, foreclosures, and short sales) rose 18 percent from $107,500 to $127,000 from January 2011 until June 2011. This is a huge difference in price! If you look at conventional home sales alone in that six month period, the increase was 8.5 percent. The median price is now $169,900, the highest peak since October 2010. January $107,500 We hear the doom and gloom stories of no housing recovery for years, but let’s hear some street talk from SI Real Estate . Six steady ...