- Our local MLS* reported that 77% of the single family homes reported sold in July in New Tampa (zip code 33647) were "normal" sales. Shorts Sales/Pre-foreclosures made up 15% and REO/Bank owned (Foreclosures) made up 8% of the total reported sales.
- New conventional mortgages were used to purchase 60% of the homes, 15% were new FHA loans, 8% were new VA loans and 17% were purchased with all cash.
- The lowest sales price per square foot was $47.50 for a home in Heritage Isles with possible Chinese dry wall to a high of $187.20 for a newly constructed home in Grand Hampton. The average sales price/list price ratio was 97%.
- Sold prices ranged from $102,000 for a 1,298 sq. ft. REO/Bank Owned (Foreclosure) in Cross Creek to $818,000 for a 6,807, 8 bedroom 7+ bathroom pool home in Tampa Palms.
*Information provided by MLS deemed reliable but not guaranteed