Buyers continued to snap up Florida homes and condos in September, with sales up 13.4 percent over a year ago. The Tampa Bay region is moving even faster, closing on 14.5 percent more single family homes last month than in September 2014.
Source: www.tbo.com
The Florida and Tampa Bay housing markets continue to remain strong and are expected to through 2016. Buyers continued to snap up Florida homes and condos in September, with sales up 13.4 percent over a year ago. The Tampa Bay region is moving even faster, closing on 14.5 percent more single family homes last month than in September 2014.
On the national scene, Americans snapped up more homes than expected in September, suggesting that the U.S. housing sector remains insulated from global economic turmoil. Economists had predicted a 5.38 percent increase in home sales, which actually jumped by 8.8 percent from a year ago.
In the Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area, 3,940 single family homes sold in September — a 14.5 percent increase. Sales of townhouses and condos were up even more, by 16.6 percent compared to September 2014, with 1,320 sales, Florida Realtors reported.
The median sale price for a single family home in the Tampa metro area was $176,000 in September, up 10.1 percent year over year. Townhouses and condos in the region sold for a median price of $118,000, up 11.8 percent over September 2014.