New Tampa Real Estate Report for April, 2012

50 single family homes were reported sold by our local MLS in New Tampa during the month of March.  Reported sold prices ranged from $90,200 for a 3 bedroom, 2 bathroom, tenant occupied 1,480 sq. ft. short sale in Heritage Isles to a high of $450,000 for a six bedroom, 5 bathroom Tampa Palms pool home.  Sold prices per square foot (htd. & cooled) ranged from $53.33 to $124.93 with a reported average sales price/sq. ft. of $85.67 for March.  Additionally, the March, 2012 median sales price for single family homes in New Tampa was $221,874 compared to $208,500 in March, 2011.

Currently there are 300 single family homes listed for sale in New Tampa (zip code 33647).  20% of the homes for sale are short sales and 4% are identified as REO/Foreclosures.