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A tight supply cuts into Tampa Bay home sales while prices keep rising

Posted in News on June 21, 2018 by John William Barger III

Tampa Bay’s two largest counties showed anemic home sales in May as prices continued to rise due to a tight supply. In Pinellas, sales of single-family home plunged nearly 12 percent from the previous May, the second-worst showing in a year. Prices, though, shot up 10 percent, to a median of $253,000. In Hillsborough, the number of sales crept up…

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March madness for Tampa Bay home sales with double-digit price increases

Posted in News on April 21, 2017 by John William Barger III

With the peak selling season in full swing, Tampa home sales didn’t disappoint in March — prices in all four bay area counties jumped again by double digits compared to the same time a year earlier. And once again, Tampa Bay outpaced every other major metro area in Florida and most of the smaller ones as well. “We certainly have…

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