Tampa Palms, Westchase, Carrollwood and Tampa Bay Real Estate News From Jeanne Prigitano

October's overall sales for the Tampa Bay area are down by approximately 9.5% over September 2011. Once again, there are far fewer properties for sale. Inventories were down by 10% in October over September and down by over 38% from the beginning of the year. October 2011 sales are over 14% higher that October 2010 and year-to-date sales are still over 13% higher than this time last year. Months inventory is at 6 months.

Disappointing is the average sales price for October 2011 which is approximately 5% lower than September. On the bright side, sales of single family homes have remained stable throughout the year. Condo sales have declined throughout the year

If you want statistics or any information for your particular neighborhood, just let me know.