September real estate report for New Tampa

• Last month 85 single family homes in New Tampa were reported sold by our local MLS.  The average sales price was $262,866.  (In August of 2011 it was $254,508.)* 
• The average Sales Price/List Price ratio was 98%.
• The average sales price per square foot was $95.92.  (In August, 2011 it was $91.29)
• $88,000--the lowest reported sales price, for a 2 bedroom, 2 bathroom  short sale Heritage Isles home with a reported 357 days to closed.
• $960,000 was the highest sales price reported for a 7 bedroom/7 bathroom Cory Lake Isles, foreclosure home, selling above the list price of $894,900.
• 73% of the reported sales were "normal" sales, 12% short sales/pre-foreclosures, and 15% foreclosures.

Currently there are over 300 single family homes listed for sale in New Tampa.  List prices range from a little over $100,000 to over $2 million.

*Information reported in MLS deemed reliable but not guaranteed