Monday, July 05, 2010

2010 Single Family Homes Sold as Short Sales are 19% of Total Sold in New Tampa

The volume of Short Sales and REO/Bank Owned homes continue to have an impact on home sales in New Tampa, but may not be as significant as you may have been led to believe.  From January thru June, 2010 the New Tampa single family homes sold as Short Sales (reported in our MLS) represented 19% of the total sales, while REO/Bank Owned single family homes represented 13% of the total reported sold.  Non-distressed (traditional)  reported single family home sales represented 68% of the total sold for the first six months of the year in New Tampa.*

*All reported sales are from various participants in MLS.  Information deemed reliable but not guaranteed

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