Thursday, August 7, 2008

The Tampa, Florida Market

I finally have a chance to briefly summarize the Tampa, Florida residential market…
Tampa’s real estate as viewed from the Multiple Listing Service:
Today, Tampa has 5049 single family homes listed as Active listings in the MLS. The MLS also indicates 2731 condo/townhouse active listings.
Of these: 865 single family homes are flagged as being in financial distress (foreclosure, short sale, etc), including a 5121 sq ft lake front, new construction, priced at $1,675,000. There are 295 condos/townhouses, including a 3116 sq ft waterfront penthouse also flagged as financially distressed.
Keep in mind, this geographic area is large and encompasses all types of properties excluding commercial.

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