What is your role in the Tampa FL housing market this time around. In other words, are you buying or selling? There are statistics that you might want to pay attention to so that you know what to expect. For example, the median price for a home is just shy of $240k. Whether you are buying or selling, but especially selling, you will also be interested in the statistic about how long homes stay on the market. Right now, the average time a home stays on the market is 69 days.
Both of those statistics aren’t half bad and about what you would expect out of multiple cities in Florida. If you take a look at listings as a buyer, knowing the amount of days that a home stays on the market really helps you pick a property. You might end up liking a house that has been on the market for awhile and be able to bid much less than the asking price. Of course, you will want to know if the price of the home has already been reduced.
Are you an investor, or are you buying a vacation home or primary residence? If you are an investor, you will especially want to pay attention to how long homes have been on the market. Any type of buyer will want to know what has kept a property from selling, too. You want to do your due diligence when researching real estate in Tampa FL.
The Tampa FL housing market is stronger than ever, and there are great primary residences, vacation properties, apartments and more located there. You will find all kinds of great places, thousands of properties for sale. And if you are a seller, it may be a buyer’s market, but that means there are going to be plenty of buyers out there looking for the right property.