Good news if you live in New Tampa. New Tampa (33647 area code) includes several very nice communities, and based on recent sales, the market is certainly imporving there. New Tampa includes Arbor Greene, Basset Creek, Cory Lake Isles, Cross Creek, Easton Park, Grand Hampton, Hammocks, Heritage Isles, Hunters Green, Live Oak Preserve, Pebble Creek, Tampa Palms, Tuscany, West Meadows and some other nearby communities.
The average home sold there in the second quarter as compared to the first quarter in 2011 was up 4.8% in just one quarter. What's ever more amazing is that from the 2nd quarter to the 3rd quarter the average sales price jumped another 10.8%. Those numbers are incredible or a nine month period!
The average sales price for the 3rd quarter 2011 is the highest since 2009 and the number of homes sold for the 3rd quarter was one of the strongest quarters in the last three years.
If you are considering buying or selling in the near future, now may be the time. If you are considering up-sizing, I would absolutely give it close consideration. Whether buying or selling anywhere in the Tampa area, or if you just want a market update for your specific neighborhood, please give me a call.
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