Archive for Statistics

New Tampa Real Estate Market Report

Curious about real estate market conditions in New Tampa (33647)? Check out our market dashboard with charts about:
 - Listing Prices vs. Sold Prices
 - Number of Listings, Contracts, Sales & Expireds
 - Days on Market

Click New Tampa Real Estate Report  for 5 charts and analysis.

Average Sold Prices in New Tampa

New Tampa Condo and Townhouse Market

The median condo/townhome price in New Tampa (33647) this week is $105,000.  The average New Tampa condo or townhome is on the market for 257 days and sells for $107 per square foot. Inventory is tightening and days on-market is falling. Demand heating up. These are tentatively bullish signs for prices.

New Tampa Condo and Townhomes
New Tampa Condo and Townhomes

Prices in the 33647 zip code have been on a downward trend for 3 years. This week, while essentially flat, does not break us out of the cycle. We are seeing declines in values approaching 70% in some complexes. In looking at the supply and demand for New Tampa (33647) units, market conditions are strongly in the Buyer’s Market territory. With several months of inventory available at the current sales rate, buyers have ample choice. There are 63 units available that are not short sales which could close in time to take advantage of the first time home buyer’s tax credit.  Contact Team Bohannon at Coldwell Banker today for additional info (813) 979-4963.

 
Click the map to see towmhomes for sale in New Tampa:
New Tampa Townhouses For Sale

New Tampa Townhouses For Sale

Click the map to see  New Tampa condos for sale: 

 
New Tampa Condos For Sale

New Tampa Condos For Sale

 

South Tampa Condo and Townhome Update

What is happening in the South Tampa condominium and townhome markets?  To answer this question, we looked MLS data for sale in target zip codes. There are 557 condos and townhouses currently for sale; 59 went under contract in September; and 41 closed escrow in September. Hence about 1-out-of-10 are selling each month.

 South Tampa Condos & Towmhomes

While 59 units went under contract in September, there are 137 units under contract overall. Of the 137 units under contract, 13 are bank owned foreclosures and 87 are short sales. The average price of Active Listings is $327,000, and the average sales price is $203,000.

South Tampa Condos & Townhome Prices

The average South Tampa condo or townhouse is on the market for 137 days before going under contract. The average unit sells for 91% of the final asking price.

South Tampa Condos DOM

If we look at the number of listings divided by monthly closings, we see large swings in the supply of available inventory. It would take 13.6 months to sell the remaining units at this rate if no additional units entered the market.

 South Tampa Months Supply

For a more detailed market study, contact Team Bohannon at Coldwell Banker today.  To see available units at featured communities, see our Featured Condo Communities  page or our Tampa Towmhomes page.

Sanctuary on Livingston

Located just North of Tampa in Lutz, the Sanctuary on Livingston is gated community of fabulous homes on lots of at least 1 acre. What is happening with the real estate market in the Sanctuary on Livingston?

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To see the data, charts and graphs, check out our  Sanctuary on Livingston Real Estate Market Report that shows statistics on listings, contracts, and recent closings. The report shows list-to-sales price ratios and the absorption rate. The Sanctuary on Livingston Real Estate Market Report  contains colorful charts contrasting Available Listings – vs- Contracts Pending, Sold Listings -vs- Expired Listings, Days on the Market (DOM), and Average Sale Prices. To see homes for sale in Sanctuary on Livingston, click Sanctuary Listings. For more information, contact the Realtors who have sold over over 4000 homes in the Tampa Bay area  – Team Bohannon of Coldwell Banker at (813) 979-4963.

Sanctuary on Livingston Listings

Sanctuary on Livingston Listings

Wesley Chapel Estate Report

What is happening with the real estate market in Wesley Chapel? At the moment there are 417 single family homes for sale, with 17 of those being bank owned foreclosures and 189 being short sales. There are 287 homes under contract, with 34 of those being bank owned, and 179 being short sales. Thus far in 2009, 592 homes have sold/closed, or about 65 per month.

If you are curious about the real estate market in Wesley Chapel, see our new 4 page Wesley Chapel Real Estate Market Report that shows statistics on Wesley Chapel Listings, Contracts Pending, and Closed Sales over the past 6 months. The report shows average prices, list-to-sales price ratios and the absorption rate. The Wesley Chapel Real Estate Market Report  contains colorful charts contrasting Available Listings – vs- Contracts Pending, Sold Listings -vs- Expired Listings, Days on the Market (DOM), and Average Sale Prices. To see homes for sale in Wesley Chapel, click here and zoom in to see homes or click the search tab to revise the search criteria. For more information, contact the Realtors who have sold over over 300 homes in Wesley Chapel  – Team Bohannon of Coldwell Banker at (813) 979-4963.

 
About Wesley Chapel
Located in Pasco County just North of New Tampa, near the intersection I75 & I-275, Wesley Chapel is home to master-planned neighborhoods, top schools, new shopping, golf courses and amenities galore. Recent estimates peg the population around 45,000 residents. Newcomers have helped found burgeoning communities in  Meadow Point, Seven Oaks, Lexington Oaks, Watergrass, Countrywalk, Saddlebrook, Villages of Wesley Chapel, Chapel Pines, Northwood, Brookside, New River Lakes, and other neighborhoods.

Meadow Pointe Real Estate Market Report

Meadow Pointe is the largest planned community in Wesley Chapel. For data and charts on the real estate market in Meadow Pointe, check out our new 4 page Meadow Pointe Market Report that shows statistics on Active Listings, Contracts Pending, and Closed Sales over the past 6 months. The report shows average prices, the absorption rate, and list-to-sales price ratios. The Meadow Pointe Market Report contains colorful charts contrasting Available Listings – vs- Contracts Pending, Sold Listings -vs- Expired Listings, Days on the Market (DOM), and Average Sale Prices. To see homes for sale in Meadow Pointe, click Meadow Pointe Homes For Sale. For more information, contact the Realtors who have sold over 200 homes in Meadow Pointe – Team Bohannon of Coldwell Banker at (813) 979-4963.

About Meadow Pointe
Located in Wesley Chapel, just north of New Tampa, Meadow Pointe spans 1,724 acres and is called home by over 1500 families thus far. Meadow Pointe has 4 multi million dollar clubhouses, 4 public schools, parks, biking paths, softball fields, basketball courts, community pools, and supervised after-school programs. Since Meadow Pointe is within Pasco County, homeowners reap the benefits of lower land costs and lower taxes.  Over half of Meadow Pointe has been set aside for environmental and recreational purposes.

Seven Oaks Real Estate Market Report

Seven Oaks is a signature community in the heart of Wesley Chapel. If you are curious about the real estate market in Seven Oaks, please see our new 4 page Seven Oaks Market Report that shows statistics on Active Listings, Contracts Pending, and Closed Sales over the past 6 months. The report shows average prices, absorption rate, and list-to-sales price ratios. The Seven Oaks Market Report contains colorful charts contrasting Available Listings – vs- Contracts Pending, Sold Listings -vs- Expired Listings, Days on the Market (DOM), and Average Sale Prices. To see homes for sale in Seven Oaks, click here. For more information, contact the Realtors who have sold over 75 homes in Seven Oaks – Team Bohannon of Coldwell Banker at (813) 979-4963.

About Seven Oaks
Seven Oaks is master-planned community in Wesley Chapel located just north of New Tampa at the intersection of I-75, Bruce B. Downs and State Road 56. Encompassing 1,200 acres, Seven Oaks has over 700 acres of open space, including 485 acres of wetlands and conservation areas that will eventually be home to over 3800 residences. Seven Oaks has a range of distinctive neighborhoods containing single-family homes, townhomes and eventually apartments. Seven Oaks features tree-lined boulevards, boardwalks, nature trails and neighborhood parks. A multi-million dollar community center will include a junior-Olympic competitive pool, resort-style pool, waterslide, 5 tennis courts, baseball, basketball, volleyball, fitness training and a coffee shop and juice bar.

Cory Lake Isles Real Estate Market Report

Located in New Tampa, Cory Lake Isles is a gated community built around a ski-sized lake that features distinctive homes surrounded by a canopy of canary palms, red brick boulevards, decorative lampposts, flower-filled medians, and immaculate landscaping.  For data about the Cory Lake Isles real estate market, see our new Cory Lake Isles Real Estate Report that shows stats on Active Listings, Pending Contracts, and Closed Sales over the past 6 months. The report also shows average prices, the absorption rate, and list-to-sales price ratios. The Cory Lake Isles Market Report contains colorful charts contrasting Available Listings – vs- Contracts Pending, Sold Listings -vs- Expired Listings, Days on the Market (DOM), and Average Sale Prices. To see homes for sale in Cory Lake Isles , click here. For more information, contact the Realtors who have sold over 140 homes in Cory Lake Isles – Team Bohannon of Coldwell Banker at (813) 979-4963.

Cross Creek Real Estate Market Report

Cross Creek is a collection of master planned neighborhoods in the heart of New Tampa. From the gated neighborhoods of Kingshyre, Coventry and Meadow Creek to the tree lined streets of Creekside, Creekwood, Magnolia Trace, Meadow Woods, Misty Creek and Pinehurst… Cross Creek has much to offer. For summary data on Cross Creek real estate, please see this 4 page Cross Creek Real Estate Market Report that has statistics on Active Listings, Pending Contracts and Sales over the last 6 months. The report also shows average prices, the absorption rate, and list-to-sales price ratios. The Cross Creek Market Report also contains colorful charts contrasting Available Listings – vs- Contracts Pending, Sold Listings -vs- Expired Listings, Days on the Market (DOM), and Average Sale Prices. To see homes for sale in Cross Creek, click here. For more information about Cross Creek, contact the Realtors who have sold over 80 homes in Cross Creek – Team Bohannon of Coldwell Banker at (813) 979-4963.

Grand Hampton Real Estate Market Report

Grand Hampton is a gated, master-planned community in New Tampa with the feel of an Old Florida resort.  For data about the Grand Hampton real estate market, see our new Grand Hampton Market Report that shows stats on Active Listings, Pending Contracts, and Closed Sales over the past 6 months. The report also shows average prices, the absorption rate, and list-to-sales price ratios. The Grand Hampton Market Report contains colorful charts contrasting Available Listings – vs- Contracts Pending, Sold Listings -vs- Expired Listings, Days on the Market (DOM), and Average Sale Prices. To see homes for sale in Grand Hampton, click here. For more information, contact the Realtors who have sold over 100 homes in Grand Hampton – Team Bohannon of Coldwell Banker at (813) 979-4963.

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