Reports are coming in that our home sales in the Tampa area were UP 27% to get in under the deadline for the Homebuyer Tax Credit. Average sale prices were also reported to be UP 1% in April as well.
MLS MONTHLY REPORT APR ‘10
TAMPA BAY AREA (tri-county)
Homes Condos Total Units
Total Units Available: 17,611 8,627 26,238
Total Units Pending: 4,292 1534 5,826
Total Units Sold: 2,401 , 963 3,364
Absorption rate: 13.63% 11.16% 12.82%
Avg Days on Market 90 days 100 days 93 days
Months of Inventory 7.3 mons 9.0 mons 7.8 mons
Sold vs List Price % 94% 93% 94%
Sold vs Original List Price % 84% 85% 84%
PINELLAS COUNTY Homes Condos Total Units
Total Units Available: 6,382 5,355 11,737
Total Units Pending: 1380 770 2150
Total Units Sold: 851 556 1407
Absorption rate: 13.33% 10.38% 11.99%
Avg Days on Market 84 days 100 days 90 days
Months of Inventory 7.5 mons 9.6 mons 8.3 mons
Sold vs List Price % 92% 93 % 93%
Sold vs Original List Price % 86% 85% 86%
N. BEACHES (476-478, 370-375)
Homes Condos Total Units
Total Units Available: 570 1419 1,989
Total Units Pending: 73 171 244
Total Units Sold: 43 113 156
Absorption rate: 7.54% 7.96% 7.84%
Avg Days on Market 107 days 113 days 112 days
Months of Inventory 13.3 mons 12.6 mons 12.8 mons
Sold vs List Price % 90% 92% 91%
Sold vs Original List Price % 84 % 85% 85%
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