South Tampa Real Estate Report

South Tampa Real Estate Market Report | January 24, 2018 - January 30, 2018

 

January is gone and so are a lot of S. Tampa properties. Seventy properties went under contract last week. With only sixty-five new listings coming to market, the inventory shortage doesn't appear to be ending anytime soon. I'll have a full recap of January figures next week.

I heard back from a few of you regarding last week's article on personal letters to increase your odds of winning a multiple bid situation. One client reminded me that he and his wife accepted a particular contract for the sale of their home in Hyde Park because of a letter. And just this past week, one of our buyer clients was the successful bidder on a property largely in part because of a personal letter.

Given the trend of automation in real estate and the diminished role of the agent, it's nice to see that the personal touch still wins the day. Have a great week!

Sincerely,

Michael J. Palermo

Michael J. Palermo

 
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2018 Data

South Tampa Market | Single-Family Homes


average Sale price

Average days on market

average Sale $/SF

Total # listings


South Tampa Market | Condos


average Sale Price

average days on market

average Sale $/SF

Total # listings


South Tampa Market | Townhomes


average sale price

average days on market

average sale $/sf

total # listings


South Tampa Luxury Market | Single-Family Homes


average sale price

average days on market

Average sale $/sf

total # listings